Consumer confidence rose more than forecast in June as Americans were the most upbeat about their wage prospects in seven years. The University of Michigan preliminary consumer sentiment index increased to 94.6, topping all estimates in a Bloomberg survey of economists, from a final reading of 90.7 in May that was the lowest in six months. Consistent labor-market improvement has helped buoy consumers’ attitudes even as costs at the gas pump rise from the cheapest rates since 2009. Further job gains and bigger paychecks should brighten moods and help underpin the household spending that makes up the largest part of ... (full story)