New orders for U.S. manufactured durable goods rebounded in the month of March, according to a report released by the Commerce Department on Tuesday.The report showed durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.7 percent in February.Economists had expected durable goods orders to jump by 1.0 percent compared to the 2.2 percent slump originally reported for th...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.