U.S. consumer sentiment slumps in Dec as ‘cliff’ woes weigh

U.S. consumer sentiment slumped in December as Americans were rattled by on-going negotiations to avert the tax hikes and spending cuts set to come into effect in the new year, data showed on Friday. The Thomson Reuters/University of Michigan’s final reading on the overall index on consumer senti…

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U.S. consumer sentiment slumps in Dec as ‘cliff’ woes weigh