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US consumer confidence sinks to lowest level since 2014
WASHINGTON: US consumer confidence plunged sharply in September to a level not seen since 2014, according to a key benchmark published on Tuesday, with US households battered by a high cost of living and economic uncertainty from the Iran war. The Conference Board’s consumer confidence index fell by 6.7 points to 81.9 this month, its lowest level since April 2014. The high cost of living in the United States is a major issue as the country heads into key midterm elections in November, where Democrats are seeking to wrest control of Congress from US President Donald Trump’s Republican Party. “C...
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