The latest updates in U.S. domestic news reveal a dip in core capital goods orders for July, indicating a slowdown in business spending on equipment. According to the Commerce Department’s Census Bureau, new orders fell by 0.1% after a revised 0.5% increase in June.
Kamala Harris, Democratic presidential nominee, places housing at the forefront of her economic strategy, pledging new constructions and reductions in costs through tax incentives. Since launching her presidential campaign, Harris has raised $540 million, signifying strong Democratic support.
In other news, Chenoa Nickerson, who went missing near the Grand Canyon during a flash flood, was found deceased. Meanwhile, former top U.S. disease expert Dr. Anthony Fauci is recovering from West Nile virus.
The Federal Reserve’s aggressive interest rate hikes have bolstered its credibility in combating inflation, according to new research. Additionally, a Starbucks site in Taos, New Mexico, dubbed ‘Charbucks,’ has faced arson attacks, prompting enhanced security measures.
(With inputs from agencies.)
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Publish date : 2024-08-26 01:58:00
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