US consumer confidence fell by the most in two years as souring views on the labor market, higher borrowing costs and lingering inflation curbed optimism. The Conference Board’s index fell to 106.1 this month from 114 in July, data out Tuesday showed. The number was below all estimates in a Bloomberg survey, and the decline reversed most of the advance over the previous two months. The group’s measure of current conditions fell to 144.8, the lowest since November. A gauge of expectations — which reflects consumers’ six-month outlook — dropped to 80.2, leaving it slightly above June’s level. A gauge of expected ... (full story)