U.S. durable goods orders rose well above analysts' expectations in January according to the latest data from the Census Bureau.
Federated Hermes CIO Stephen Auth discusses energy prices, Federal Reserve rate hikes and market volatility.
U.S. durable goods orders rose well beyond what analysts expected month-over-month in January, marking the fourth straight month of increases for orders of big-ticket items asSamsung Electronics Co. and LG Electronics Inc. washing machines stand on display for sale at the Airport Home Appliance store in San Jose, California. The U.S. Census Bureau released its report on durable goods orders on Feb. 25.
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