The University of Michigan Consumer Sentiment Index decreased 5.7% in August compared to the month prior, landing at 58.2, according to final results for the month. The August figure was down 14.3% from a year ago. The current conditions component of the index fell 9.3% from the month prior, landing at 61.7, while the consumer expectations index decreased 3.1% to 55.9.
Senate Banking Committee postpones vote on crypto market structure bill
Senate Banking Committee Chairman Tim Scott (R-S.C.) delayed a scheduled committee vote on cryptocurrency market structure legislation. More than 10,000 bankers have sent letters to Senate offices in recent days calling on Congress to use the bill to...










