New orders for manufactured durable goods increased $8.9 billion or 2.9% to $312.1 billion in August, the U.S. Census Bureau said in its most recent advance report. The rise followed a 2.7% July decrease. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders rose 1.9%. Transportation equipment led the increase, $8.1 billion or 7.9% to $110.2 billion.
Appeals court upholds Fed decision to deny crypto firm master account
A federal appeals court ruled that the Federal Reserve is not obligated to grant a master account to a cryptocurrency firm, as the move would “impair the Fed’s ability to safeguard our nation’s financial system.”











