With orders for transportation equipment soaring, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods spiked by much more than expected in the month of September.The report said durable goods orders shot up by 4.7 percent in September following a revised 0.1 percent dip in August.Economists had expected durable goods orders to jump by 1.5 pe...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.