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US Orders for Business Equipment Rebound, Defying High Rates

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Orders placed with US factories for business equipment rose by more than forecast in April, indicating firms are still focused on making long-term investments despite an uncertain outlook and high borrowing costs.

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US Orders for Business Equipment Tick Up After Downward RevisionOrders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about demand prospects and tempering investment.
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