Browsing: Newsbytes

Economy

FDIC-insured banks and savings institutions earned $25.5 billion in the fourth quarter, down 40.9 percent from the industry’s earnings a year before, the FDIC said yesterday.

Economy

The Conference Board Consumer Confidence Index increased 6.5 points to 130.8 in February. Last month’s index was downwardly revised from 125.4 to 124.3. The Present Situation Index increased 5.7 points to 162.4 after falling 2.2 points last month. The Expectations Index surged 5.7 points to 109.7. “Consumer confidence improved to its highest level since 2000

Economy

New orders for manufactured durable goods decreased 3.7% in January to $247.0 billion, following a 0.5% December rise, according to the U.S. Census Bureau. Transportation equipment drove the decrease, falling 10.0% to $77.7 billion over the month. New orders excluding defense declined 2.7% on the month, while orders of nondefense capital goods slipped 1.5% to

1 686 687 688 689 690 1,060