By Richard Leong and Chuck Mikolajczak NEW YORK (Reuters) - U.S. consumer confidence suffered its biggest blow in four years in July on a less upbeat jobs outlook, while home appreciation in major cities stalled in May, suggesting a spring pause in housing demand. The disappointing data comes as Federal Reserve policymakers meet to consider whether the U.S. economy is strong enough to warrant an end to the Fed's near zero interest rate policy, perhaps as soon as September. The Federal Open Market Committee, the U.S. central bank's policy-setting group, is meeting on Tuesday and Wednesday.
Mexico coach Miguel Herrera was sacked on Tuesday following allegations of an assault against a television journalist, just two days after guiding them to their seventh Gold Cup trophy in the United States. The combative 47-year-old -- who also coached Mexico to the last-16 penalty shootout loss to the Netherlands at the World Cup last year -- is alleged to have attacked the journalist, a virulent critic of the coach, at Philadelphia airport hours after Mexico had beaten Jamaica. "We have taken the decision to relieve national coach Miguel Herrera of his duties," said federation president Decio de Maria.
ISTANBUL (AP) — Fighting between the Turkish military and Kurdish rebels escalated Tuesday amid signs of unease from NATO allies attending an emergency meeting about Turkey's conflicts with the Islamic State group and the Kurds.