Consumer spending has remained strong despite the Federal Reserve raising interest rates nine straight times
High inflation contributed to consumer anxiety
Index declined for second month in a row
Purchasing intentions for big-ticket items cooled slightly
Higher prices and the war in Ukraine contributed to a decline in the six-month outlook
Sales of new homes last month rose 1.5%, following an increase in July as well
The SEC chairman said the regulator needs more authority and resources to regulate crypto markets
The release of loan-loss provisions helped boost earnings
But consumers are more optimistic about current conditions than they are about the near future
The bank's profit rose 4% during the final quarter of the year