manufacturing

U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday. Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket

TOPSHOT - US President Donald Trump tours US Steel's Granite City Works steel mill in

China’s Trade Surplus Hits Record $990 Billion

China’s General Administration of Customs announced on Monday that exports for 2024 totaled $3.58 trillion, while imports were $2.59 trillion, creating a $990 billion trade surplus that easily surpassed the previous record of $838 billion in 2022.

a large cargo ship loaded with lots of containers