Economy - Page 46

Durable Goods Orders Slide on Aircraft Reversal

New orders for long-lasting manufactured goods fell sharply in June, dragged down by a steep drop in aircraft demand that reversed a spike the previous month. But orders outside the volatile transportation sector rose for a third straight month, signaling

Boeing 737 MAX aircraft are assembled at the Boeing Renton Factory in Renton, Washington,

Trump Administration Abruptly Cancels South Korea Trade Talks

The government of South Korea confirmed on Friday that officials in the administration of President Donald Trump canceled talks scheduled for Friday intended to negotiate a new bilateral trade agreement, hours before Finance Minister Koo Yun-Cheol was set to board a plane to Washington.

Koo Yun-cheol, nominee for South Korea's finance minister, speaks during a confirmation he

Powell’s Plunge: New Home Sales Down 6.6% From A Year Ago

Sales of newly built single-family homes in the United States rose slightly in June but remained well below expectations, as elevated mortgage rates and affordability concerns continued to weigh on demand. The U.S. Census Bureau and the Department of Housing

Jerome Powell, chairman of the US Federal Reserve, during the Federal Reserve Integrated R