Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
The Commerce Department announced on Tuesday that U.S. durable goods orders increased 1.4% last month, following January’s downwardly revised 6.9% decline. The data was better than expected as economists were looking for a 1.1% increase. Meanwhile, non-defense capital goods orders excluding aircraft manufacturing increased 0.7%, much better than the expectation for a 0.1% rise, while January’s positive 0.1% print was revised downward to -0.4%.
is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX.
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