New orders for manufactured durable goods increased $48.3 million or 16.4% in May to $343.6 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 6.6% April decrease. Excluding transportation, new orders increased 0.5%. Excluding defense, new orders increased 15.5%. Transportation equipment led the increase, $47.4 billion or 48.3% to $145.4 billion.
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop, ABA said. The association also...










