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US consumer confidence rises in July

ISTANBUL: US consumer confidence increased strongly in July from the previous month, according to the New York-based The Conference Board on Tuesday.

The consumer confidence index, a leading indicator of consumer spending and economic activity, rose …

McDonald’s reports decrease in global sales in Q2

ISTANBUL: The fast-food giant McDonald’s said on Monday that its global sales fell 1% in the second quarter of the year.

McDonald’s’ US sales decreased 0.7%, according to the Big Mac-maker’s earnings release for the second quarter, as the ‘guest coun…