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U.S. consumer confidence collapses to near-record low as shutdown drags on

U.S. consumer confidence just collapsed to one of the lowest points ever recorded, as the longest government shutdown in U.S. history continues into another month, according to the University of Michigan's survey released Friday. The University's Index of Consumer Sentiment fell to 50.3 in early November, dropping 6.2% from October and roughly 30% lower than [...]

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