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Consumer confidence declined to a five-week low as Americans grew even more downbeat about the prospects for the economy.
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The index of U.S. leading economic indicators increased more than forecast in June as historically low borrowing costs and a rebound in housing propelled growth.
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Caterpillar Inc., the largest manufacturer of construction and mining machinery, cut its full-year sales forecast after the U.S. dollar strengthened and said important end-user industries remain weak.
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Volkswagen AG and banker Friedrich von Metzler agreed to sell fleet-management company LeasePlan Corp. for 3.7 billion euros ($4 billion) to a group of investors including TDR Capital LLP.
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