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Consumer confidence slides as Americans grow wary of high costs and sluggish job gains

WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation.

The Conference Board said Tuesday that its consumer confidence index dropped to 88.7 in November from an upwardly revised October reading of 95.5, the lowest reading since April, when President Donald Trump announced sweeping tariffs that caused the stock market to plunge.

The figures suggest that Americans are increasingly wary of high costs and sluggish job gains, with perceptions of the labor market De... Read More

Most US stocks rise, but Nvidia's drop keeps the market in check

NEW YORK (AP) — Most U.S. stocks are rising Tuesday following updates on the economy that kept alive hopes for a coming cut to interest rates.

The S&P 500 rose 0.3%, as five out of every six stocks within the index climbed. The Dow Jones Industrial Average was up 386 points, or 0.8%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.

The relatively modest moves for indexes masked some swings underneath the surface, particularly among stocks linked to the artificial-intelligence industry.

Alphabet rose another 1.5%, continuing a strong... Read More

American menswear designer Jeffrey Banks is finally sharing his story and starting a new chapter

NEW YORK (AP) — Designer Jeffrey Banks spent years co-authoring seven books on fashion before finally deciding it was time to share his own story.

The menswear designer recounts more than 50 years in fashion, from working for Ralph Lauren to launching his own label, in his new memoir “Storyteller: Tales from a Fashion Insider.”

At 72, Banks is having a breakout year. One of his designs was selected by the Metropolitan Museum of Art for its “Superfine: Tailoring Black Style” exhibit, and he’s relaunching his eponymous menswear label.

Banks debuted... Read More

Russian attacks kill at least 7 in Ukraine as talks on US peace plan continue

KYIV, Ukraine (AP) — Russia launched a wave of attacks on Ukraine's capital, Kyiv, overnight, with at least seven people killed in strikes that hit city buildings and energy infrastructure. A Ukrainian attack on southern Russia killed three people and damaged homes, authorities said.

The attacks came during a renewed U.S. push to end the war that has raged for nearly four years, and talks about a U.S. peace plan. U.S. Army Secretary Dan Driscoll met with Russian officials for several hours in Abu Dhabi, United Arab Emirates, on Tuesday, a U.S. official told The Associated... Read More

'Everything is soaked': Winter rains in Gaza bring new misery for Palestinians

DEIR AL-BALAH, Gaza Strip (AP) — Children and families in Gaza scooped muddy water from their tents on Tuesday, trying to protect the few belongings that remain after two years of war.

Winter's heavy rains have left displaced Palestinians splashing in water that reaches their ankles, and blaming both Israel and Hamas for the misery that remains despite a ceasefire.

“All tents were destroyed,” said Assmaa Fayad in Deir al-Balah in central Gaza, whose shelter was damaged in Tuesday’s latest downpour. “Where is Hamas? Where are the people to see this rain and how... Read More

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Consumer confidence slides as Americans grow wary of high costs and sluggish job gains

Most US stocks rise, but Nvidia's drop keeps the market in check

American menswear designer Jeffrey Banks is finally sharing his story and starting a new chapter

Russian attacks kill at least 7 in Ukraine as talks on US peace plan continue

'Everything is soaked': Winter rains in Gaza bring new misery for Palestinians

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