US Consumer Confidence Unexpectedly Declines Amid Economic Outlook Worries

In a surprising turn of events for the American economy, consumer confidence has dropped significantly, raising alarms about the future stability of economic growth. According to recent data released by the Conference Board, consumer sentiment fell to a seasonally adjusted index number of 107.1 in December, down from 109 in November. Analysts had anticipated an increase for the month, making this decline particularly notable.

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USC President Carol Folt Announces Departure as University Navigates Challenges

In a significant development at the University of Southern California (USC), President Carol Folt has declared her intention to step down from her role next year. This announcement comes amid a backdrop of ongoing challenges facing the institution, including financial difficulties and the impact of recent controversies that have tested the university’s leadership.

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