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Durable Goods Orders Rise 0.5% in September as Shipments Point to Solid Q3 Capex Momentum

Core capital goods orders climb 0.9 percent, supporting Wells Fargo Economics’ 6 percent annualized equipment-spending estimate A year defined by uneven business investment...

alexander-mils-xISlt5k2sfs-unsplash-profit money economy
FeaturedFinanceIndustry News

Strong Q4 Profits Mask Growing Trade Threat to U.S. Economy

The U.S. economy ended 2024 on a stronger note than initially estimated, with fourth-quarter GDP growth revised up slightly to a 2.4 percent...

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FeaturedFinanceIndustry News

Wells Fargo: Consumer Spending Sees Sharpest Drop in Nearly Four Years Amid Inflation Pressures

Consumer spending in the U.S. took an unexpected downturn in January 2025, marking the sharpest monthly retrenchment in nearly four years, according to...

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AECCommercialFeaturedIndustrialIndustry NewsResidential

Wells Fargo: Construction Spending Rises in October as Residential Gains Offset Nonresidential Declines

According to data from the U.S. Department of Commerce and Wells Fargo Economics, construction spending advanced by 0.4 percent in October. This was...

University Lab Partners, Orange County, Irvine, Build to Scale, U.S. Department of Commerce, Crescenta Biosciences, Syntr Health Technologies
Industry NewsLife ScienceOrange County

Irvine’s University Lab Partners Awarded $2MM by US Department of Commerce

IRVINE, Calif., Nov. 17, 2023 — University Lab Partners (ULP), a premier nonprofit wet lab incubator based in Orange County, California, is proud to announce that...

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