Overall, new orders increased at the fastest pace in four months, signaling improved domestic demand. However, overseas new orders continued to decline, albeit at a lesser pace. Manufacturing production accelerated…
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Apple, Amazon, and Intel Earnings: iPhone, Cloud, and AI Drive Growth Amid Key Challenges
Apple, Amazon, and Intel earnings reveal key industry trends as growth in cloud, iPhone sales, and AI position these tech giants for 2024 competition….Read More
Dallas Fed Manufacturing Index Rises To -3.0, Missing Analyst Expectations
Production Index improved from -3.2 in September to +14.6 in October as Texas factory activity increased. New Orders Index improved from -5.2 to -3.7, while Capacity Utilization increased from -7.0 to…
U.S. Q3 GDP Grows 2.8%, Misses Forecast as Housing and Income Growth Slow
Exports rose significantly, led by non-automotive capital goods, bolstered by favorable exchange rates and stable global demand. Federal government spending also surged, driven by increased defense expenditures. These factors collectively…