Roundup: Consumer confidence / Apple unleashes power / Real estate trends

Americans feel squeezed: Americans’ confidence in the economy fell slightly in August to 89.4, its lowest level in seven months, as high gasoline prices, inflation and geopolitical tensions weighed on consumers. While people felt somewhat better about their current financial and job situations, their expectations for the next six months worsened. The weak job market, persistent inflation and rising concerns about prices could create political challenges for President Trump and Republicans ahead of the midterm elections. The Associated Press has the full story.

Mac mini and Mac Studio upgrades: Apple unveiled upgraded Mac mini and Mac Studio desktops featuring new M6, M5 Pro, M5 Max and M5 Ultra chips, along with Wi-Fi 7 and Bluetooth 6. The new models start at $899 for the Mac mini and $2,499 for the Mac Studio, with the highest-end Studio configuration reaching $18,299. Strong demand and ongoing memory shortages have kept Apple’s desktop Macs in short supply, setting the stage for a likely rush of orders when the new machines arrive Sept. 22. Bloomberg has the full story.

Commercial rebounds: Investors are returning to commercial real estate as increased liquidity from lenders and financial institutions drives stronger competition despite high borrowing costs. Retail and industrial properties are attracting the most interest, while multifamily remains weaker due to a large supply of newly built apartments. JLL says the market still has room to grow, with rising competition expected to be gradual rather than a sign of an overheated market. CNBC has the full story.