New orders for manufactured durable goods increased $3.7 billion in February to $277.9 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 6.9% January decrease. Excluding transportation, new orders increased 0.5%. Excluding defense, new orders increased 2.2%. Transportation equipment led the increase, $2.9 billion or 3.3% to $90.4 billion.
Banking agencies pledge more scrutiny of core provider business practices
The federal banking agencies pledged to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks from conducting due diligence or from negotiating contract terms that address the banks’ business needs.









