Bloomberg Orders for US durable goods increased more than forecast in February, a sign companies are confident about the outlook for the economy. Bookings for goods meant to last at least three years rose 1.7 percent after a 2.3 percent advance the prior month that was larger than previously estimated, Commerce Department data showed. The median forecast of economists …

  There was bound to be a political commotion when the Trump administration released its 2018 budget. After all, it isn’t every day that the White House proposes deep cuts in agency spending: for 2018, the Environmental Protection Agency would be down 31 percent; the State Department, 29 percent; the Department of Education, 14 percent; and the Department of Transportation, …

  America, one; Europe, nil. In Asia, at least, US financial institutions are climbing up the investment banking league tables while their euro-area counterparts sink. But Wall Street should not start celebrating now. How long their current reign lasts will depend to a large degree on how long fixed income, currencies and commodities business remains robust. Deutsche Bank AG, weighed …