US confidence soars to highest in nearly 7 years

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Consumers were more confident about the economy in July than they have been in at least six years, The Conference Board said Tuesday, as stock markets float near record highs and expectations build for the recovery.

Europe's CEOs 'no longer the most pessimistic'

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Business confidence among European CEOs bounced to a two-year high in the second quarter, according to a survey out on Tuesday, with executives in the region now more optimistic than those in Latin America.