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.
Senate bill would create process for raising bank regulatory thresholds
A proposed Senate bill would raise the asset-based regulatory thresholds for banks and establish a process to update them periodically going forward.









