New Orders for Durable Goods Decrease in July

ABA announced that Lia Fordjour has been named its new chief financial officer and that Tifany Pedersen has been named the new head of marketing.

As long as fraudulent ads continue to drive revenue for social media platforms without consequence, more must be done to protect consumers, ABA President and CEO Rob Nichols said in a letter in support of legislation to crack...

The survey found that nearly one-quarter of respondents reported losing money to scams within the past three years. The median amount lost to fraud was $250.

In their most recent meeting, a majority of Federal Open Market Committee participants cautioned that progress toward the Federal Reserve’s 2% objective might be “slower and more uneven than generally expected” and that the risk of inflation running...

Industrial production increased 0.7% in January from the previous month, the Federal Reserve reported. The January figure was up 2.3% from a year prior.

New orders for manufactured durable goods decreased $4.6 billion or 1.4% in December 2025 to $319.6 billion, the U.S. Census Bureau said in its most recent advance report.