WASHINGTON, April 7 (Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in February while shipments of those products rose solidly, suggesting business spending on equipment was on firmer footing before the war with Iran. The strength reported by the Commerce Department on Tuesday followed weakness in January, which some economists had blamed on harsh weather....

April 7 (Reuters) - Federal Reserve Bank of New York President John Williams said Tuesday the Middle East war energy shock will drive up overall inflation over the course of this year, while reiterating monetary policy is in the right place to deal with what happens in the economy. The war impact will directly go into headline inflation because energy...

WASHINGTON, April 7(Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in February, but data for the prior month was revised sharply lower, suggesting some moderation in business spending on equipment in the first quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, rose 0.6% after a downwardly revised 0.4% drop...

BEIJING/SINGAPORE, April 6 (Reuters) - Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country's energy security, weeks into the Iran war that has triggered global energy shocks. The leader of the world's second-largest economy also emphasised hydropower development and ecological protection, while urging the safe and orderly expansion of...