New orders of manufactured goods decreased $2.1 billion, or 0.4%, from the prior month to $586.1 billion in November 2024, the Commerce Department said today. Shipments of manufactured goods increased $700 million, or 0.1%, to $586.3 billion, while inventories increased $2.5 billion, or 0.3% to $859.3 billion.
The U.S. economy added 228,000 nonfarm jobs in March, the Labor Department said. The unemployment rate was little changed at 4.2%.
In a court filing, the CFPB said its leadership has directed staff to initiate new rulemaking to implement Section 1071 of the Dodd-Frank Act and plans to soon release a proposal to possibly replace or change its current...
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $122.7 billion in December, down $9.0 billion from $78.9 billion in February, revised.
The Treasury Department announced it is planning events, initiatives and public engagement opportunities throughout April as part of National Financial Literacy Month.
FS-ISAC released a report on how financial institutions can strengthen collaboration between their cybersecurity, fraud, financial crime and anti-money laundering teams.
The ISM services index decreased 2.7% from the prior month to land at 50.8% in March, the Institute for Supply Management said. Readings over 50% indicate expansion.
