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Latest Financial News
U.S. Steel Import Permits Dip in September as Census Data Arrive
September steel import license applications edged down 0.2%, but finished-steel requests rose. Actual Census import volumes require a separate comparison.
New U.S. Home Sales Slip 0.6% in September to 676,000 Annual Rate
The supply of newly built houses eased to 8.4 months, while the median sale price rose from August but remained below its year-earlier level.
U.S. Durable Goods Orders Rise 1.8% in September, Led by Transportation Equipment
Orders reached $345.4 billion, with transportation equipment contributing $5.2 billion of the $6.3 billion monthly increase.
U.S. Consumer Confidence Rebounds to 91.7 in October After Four Monthly Declines
The Conference Board's index gained 7.5 points, but households still faced high prices and a weak six-month outlook.
UPS Revenue Climbs 6.7% to $22.9 Billion as Company Raises 2026 Outlook
U.S. delivery and international shipping revenue grew, but companywide profit margins narrowed as UPS increased its full-year sales and adjusted earnings forecasts.
Richmond Fed Manufacturing Index Holds at Minus 2 as New Orders Weaken
October orders and backlogs weakened across the Fifth District, offsetting a recovery in shipments as hiring growth cooled.
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