BUSINESS HEADLINES
As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels. The Conference Board’s consumer confidence index on Tuesday slipped 0.7 points to 93.1 in May, the first decline after three months […]