New orders for manufactured durable goods decreased $8.8 billion or 2.8% in July to $302.8 billion, the U.S. Census Bureau said in its most recent advance report. The drop followed a 9.4% June decrease. Excluding transportation, new orders increased 1.1%. Excluding defense, new orders decreased 2.5%. Transportation equipment led the decline, $10.9 billion or 9.7% to $101.7 billion.
New executive orders target banks and citizenship, nonbank access to Fed services
President Trump signed an executive order directing regulators to provide guidance to financial institutions on identifying suspicious activity allegedly tied to individuals in the country illegally, and to potentially strengthen customer due diligence requirements. He also signed a...









