D.R. Horton delivers pain for builders as buyers fear high rates
Homebuilder stocks are tumbling Tuesday after industry bellwether D.R. Horton Inc. delivered a 2025 revenue forecast that failed to meet...
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Construction
Caterpillar highlights October staffing shuffles
Manufacturers, dealers and lenders in the heavy-equipment industry have seen leadership changes over the past month. Keene newest Caterpillar...
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Volvo Earnings Drop on Waning Freight, Construction Demand
Volvo AB’s earnings declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs in most...
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US homebuilder sentiment reaches four-month high on 2025 outlook
Sentiment among US home builders jumped to a four-month high this month, with the prospect of lower mortgage rates fueling...
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Used construction equipment values still falling
Used construction equipment inventory spiked again last month, prolonging years of depreciation. Despite the Federal Reserve’s recent decision to reduce...
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CNH lays off quarter of staff at Wisconsin facility
Agriculture and construction equipment manufacturer CNH Industrial has issued layoff notices to more than a quarter of the workers at...
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Confidence rises among US home builders as they await Fed move
Confidence among US home builders rose in September for the first time in six months, just before the Federal Reserve...
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Volvo, Kubota invest in AI-driven tech firms
Two top dogs in the heavy-equipment industry have zeroed in on AI-driven tech companies, further solidifying the AI revolution’s arrival. ...
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