- Americans felt more pessimistic about the economy in August after 2 months of growing confidence, mainly due to inflation worries.
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- Job openings dropped to the lowest level in nearly 2-1/2 years, and resignations declined in July, as the labor market gradually slowed.
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- The Fed's preferred measure of inflation posted the smallest back-to-back increases in July since late 2020, showing inflation continues to cool.
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