The Commerce Department released a report on Wednesday showing a modest increase by new orders for U.S. manufactured goods in the month of October.The report said factory orders rose by 0.2 percent in October after dipping by a revised 0.2 percent in September.Economists had expected factory orders to rise by 0.2 percent compared to the 0.5 percent decrease originally reported for the previous mon...
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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.