New orders for manufactured durable goods increased $1.1 billion, or 0.3%, from the previous month to $334.8 billion in June, the U.S. Census Bureau said in its most recent advance report. The increase followed a 4% May decrease. Excluding transportation, new orders increased 0.6%. Excluding defense, new orders increased 0.3%. Computers and electronic products drove the increase, $900 million or 3.1% to $31.1 billion.
OCC’s Gould defends charter approvals for crypto activity
Noting more than half of recent bank charter applications received by his agency involve digital assets, Comptroller of the Currency Jonathan Gould said his job isn’t about “incumbent protection” but rather preserving the integrity of the banking system.









