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Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation Source: theguardian.com
Source: gov.ca.gov
United Airlines CEO Scott Kirby also spoke with ABC News about flight prices. Source: abcnews.com
OpenAI’s CEO said he was too bullish on AI’s economic takeover in 2023. Slower adoption is a “positive in many ways,” he added. Source: businessinsider.com
Consumer confidence fell in August as concern about the future course of the economy undercut an improvement in how Americans feel about their present situation. The Conference Board’s consumer confidence index fell to 89.4 from 90.2 in July (1985=100) with the present situation index rising 6.8 … Source: usnews.com
New research finds that the expiration of the expanded 2021 Child Tax Credit contributed to lasting economic pessimism among families with children. Source: brookings.edu
Capitalism is a wonderful system that allows people to become billionaires. But we also need to make sure that income inequality doesn’t leave a significant portion of our population behind,’ writes an L.A. Times reader. Source: latimes.com
Here are five key things investors need to know to start the trading day. Source: cnbc.com
The German economy grew by 0.3% in the second quarter of 2026 compared with the previous quarter, the statistics office said on Tuesday, slightly above last month’s preliminary reading for 0.2%. Source: reuters.com
Experts warn that a campaign aimed at avoiding military escalation could instead provoke it, as Iranian leaders vow retaliation across the oil-rich Gulf. Source: nytimes.com
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