New orders for manufactured durable goods decreased $4.4 billion, or 1.4%, from the previous month to $315.5 billion in February, the U.S. Census Bureau said in its most recent advance report. The decline followed a revised 0.5% January decrease. Excluding transportation, new orders increased 0.8%. Excluding defense, new orders decreased 1.2%. Transportation equipment drove the decrease, $6.1 billion or 5.4% to $113.3 billion.
The CEA studied the wrong question on stablecoin ‘yield’ and community banks
The CEA paper minimizes the core risk by starting from the wrong question. There is already ample evidence and analysis showing that a prohibition on yield for payment stablecoins is a prudent safeguard.










