The numbers: Orders at U.S. factories for long-lasting goods rose 0.4% in September, the Commerce Department said Thursday. It was the sixth increase in the last seven months and was Read more
Tag: Autos
Durable-goods orders jump in September led by aircraft orders
The numbers: Orders at U.S. factories for long-lasting goods rose 0.4% in September. It was the sixth increase in the last seven months and was fueled by strong orders for Read more
U.S. industrial output has solid gain in September
The numbers: Industrial production rose 0.4% in September, the Federal Reserve reported Tuesday. The gain was above economists’ expectations of a 0.1% gain, according to a survey by The Wall Read more
U.S. industrial output has solid gain in September
The numbers: Industrial production rose 0.4% in September, the Federal Reserve reported Tuesday. The gain was above economists’ expectations of a 0.1% gain, according to a survey by The Wall Read more
Porsche Could Be Worth as Much as All of Volkswagen in an IPO
An IPO of the Volkswagen-controlled Porsche brand could come in September. Porsche Porsche’s initial public offering is getting close. It’s going to be big. Friday, Bloomberg reported that Porsche has Read more
U.S. industrial output up sharply in July
The numbers: U.S. industrial production rose 0.6% in July, the Federal Reserve reported Tuesday. The gain was above Wall Street expectations of a 0.3% increase, according to a survey by Read more
Chicago PMI continues to soften in July, falls to lowest level in almost two years
The Chicago Business Barometer, also known as the Chicago PMI, fell to 52.1in July from 56 in the prior month. It is the lowest reading since August 2020. Economists polled Read more
Insurance Coverage For Autos, Homes, and Businesses
Having insurance for your assets can be just as important as the actual asset itself. For example, where would you be without homeowners insurance if your home caught fire? Imagine Read more