New orders of manufactured goods increased $8.4 billion, or 1.4%, from the prior month to $612 billion in August, the Commerce Department said. Shipments of manufactured goods decreased $800 million, or 0.1%, to $607.7 billion, while inventories were virtually unchanged at $948.8 billion.
FDIC extends comment period for Genius Act implementation
The FDIC announced that it will push back to May the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary.










