US consumers grew more confident in the economy in June after sentiment sagged in the two prior months but still remained cautious about growth prospects, the Conference Board said Tuesday. The Conference Board said its consumer confidence index rebounded to 98.0 from 92.4 in May. The index was at the highest level since 99.1 in October. The survey showed the number of persons thinking business conditions were "bad" fell to 17.7 percent, while those thinking jobs were "hard to get" dropped to 23.3 percent.
By Francesco Guarascio and Alissa de Carbonnel BRUSSELS (Reuters) - Leading Brexit campaigner Nigel Farage was booed and heckled in a raucous special session of the European Parliament on Tuesday as he accused the EU of imposing a superstate on its citizens and predicted other countries would leave the bloc like Britain. Facing Farage, who sat with a British "Union Jack" flag planted on the table in front of him, European Commission President Jean-Claude Juncker asked: "Why are you here?" When Farage interrupted Juncker's speech to applaud the results of last week's British vote to leave the EU, the Commission chief shot back: "That is the last time you are applauding here." The exchanges underscored just how fraught ties between European officials and British politicians have become since the vote on Thursday, which left far-right anti-European parties across the bloc cheering and governments fretting about political and economic aftershocks.
London (AFP) - British opposition leader Jeremy Corbyn lost a confidence vote on Tuesday, with 172 of his Labour Party's lawmakers voting against him and 40 in favour amid political turmoil in Britain following a vote to leave the European Union.