US Business Equipment Orders Rebounded Sharply in October – Bloomberg

UK Ofgem’s Energy Price Cap Surges Above Subsidized Bill Rate
Saudi Arabia Utility Marafiq Surges in Riyadh Trading Debut
Turkey to Cut Rates Into Single Digits as Pause Looms
RBNZ Policy Is ‘Contractionary’ After Record Rate Hike, Orr Says
Fed Staff Warn Chance of Recession in Next Year Is Now Near 50%
Georgia’s Six-Week Abortion Ban Is Reinstated by Top State Court
Saudi Wealth Fund Claims Immunity in PGA-LIV Golf US Court Fight
Paytm’s 75% Slump Is World’s Worst for Large IPOs in a Decade
Foxconn Offers Staff $1,400 to Leave After iPhone City Violence
Nintendo Sets Sales Record With New Pokémon Games on Switch
Pakistan Names New Army Chief as Strife with Imran Khan Deepens
South Africa Prisons Head to Appeal Ruling That Nullified Zuma’s Parole 
Fidelity to Join Mutual Fund-to-ETF Club With $430 Million Flip
Buffett Donates $758 Million in Berkshire Shares to Charity
777 Partners to Buy Berlin Soccer Club Stake From Lars Windhorst
Belgium Spoils Canada’s World Cup Return With 1-0 Win
The UK Needs a New Deal With the European Union
Meta Gives Regulators a New Reason to Bite
FTX-Led Crypto Bubble Really Is the Worst of Its Kind
The Robot Tractors Are Coming, Just as Soon as We Crush a Few Bugs
Elon Musk Keeps Quoting Elon Musk About His Genius
Crypto’s Crash Is Helping a Few Couples Rekindle Their Relationships
A Powerful New Tool for Fighting Unequal Pay in the City
Singapore Gig Workers to Get More Benefits, Won’t Be Employees
Renault Signs France’s Largest Green Power-Purchase Agreement
Transcript Zero Episode 17: The Food System Needs a Rethink
A Skyscraper in Jakarta Offers Lessons for Quake-Prone Indonesia
CityLab’s 2022 Holiday Gift Guide
Recycling Our Cities, One Building at a Time
Revisiting the “Magic Money Box” After the FTX Collapse
Apollo Plans to Offer a New Fund on Blockchain With Fintech Figure
After FTX’s Collapse, Is Bitcoin Still Heading Into an Ice Age? (Podcast)

Orders placed with US factories for business equipment rebounded in October, suggesting capital spending plans are holding up in the face of higher borrowing costs and broader economic uncertainty.
The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose 0.7% last month after a downwardly revised 0.8% decline in September, Commerce Department figures showed Wednesday. The data aren’t adjusted for inflation.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button