New orders for manufactured durable goods increased $3.7 billion in February to $277.9 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 6.9% January decrease. Excluding transportation, new orders increased 0.5%. Excluding defense, new orders increased 2.2%. Transportation equipment led the increase, $2.9 billion or 3.3% to $90.4 billion.
FinCEN issues advisory on Iran-backed terrorist organizations
FinCEN issued an advisory to assist financial institutions in detecting potentially illicit transactions related to Iran-backed terrorist organizations.