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U.S. Durable-Goods Orders Rise 1.1% in July as Transportation Equipment Rebounds
U.S. durable-goods orders rose 1.1% in July as transportation equipment recovered, while orders excluding transportation also posted a smaller gain.
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Editor-in-Chief
ActiveKen Stephens has spent decades following financial markets from both sides of the screen: as an individual investor and through work connected with the investment-banking industry. That breadth informs the way he approaches MarketReview’s coverage of investing, trading and the institutions that influence asset prices.
He is less interested in repeating the market’s conventional wisdom than in examining what supports it. When a familiar explanation is offered for a rally, a sell-off or a shift in policy, Ken looks for the assumptions underneath it, the evidence that confirms or weakens it and the risks that may be overlooked. His writing often connects the choices facing individual investors with the larger forces at work in financial institutions and markets.
As Editor-in-Chief, Ken sets editorial priorities and helps shape how MarketReview explains complex financial subjects. He also contributes directly to articles on investment strategy, market analysis and trading, with an emphasis on clear reasoning, honest uncertainty and conclusions that can withstand closer scrutiny.
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News, analysis and evergreen financial guides credited to this author.
U.S. durable-goods orders rose 1.1% in July as transportation equipment recovered, while orders excluding transportation also posted a smaller gain.
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Kohl’s lifted its full-year profit forecast after receiving about $150 million in IEEPA tariff refunds and said it will resume up to $100 million of share repurchases in 2026.
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The FTC made permanent a remedy requiring seven surgery-center divestitures and a decade of prior-notice obligations in five metropolitan areas.
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Woodside kept its 2030 Scope 1 and 2 emissions target, raised its interim dividend and put Beaumont New Ammonia under strategic review.
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EXIM's preliminary project letter raises potential debt financing for the Santa Cruz Copper Project from $825 million to $1.1 billion, but final approval is not expected until spring 2027.
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The structure combines $750 million of U.S. government funding, a $500 million bank commitment and at least $300 million of U.S. forward purchases, clearing one condition for USA Rare Earth’s planned Serra Verde acquisition.
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The two-year award exercises the second option on Parsons' TEAMS-Next systems-engineering contract, originally valued at up to $2.24 billion in 2021.
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The rail-technology group funded most of the purchase with its revolving credit facility and now expects pro forma net debt to adjusted EBITDA of about 1.5 times.
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Genentech gets rights to HM17321 outside South Korea and will take over development after Phase 1, while Hanmi receives $190 million upfront and remains eligible for milestone payments and separate royalties.
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