Core US inflation eases a fourth month, sealing Fed rate cut
Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track...
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Lender Operations
Land Pride partners with Vero Technologies on floorplan
Salina, Kan.-based dealer Land Pride is leveraging Vero Technologies, which provides customized floorplan financing programs, to help create dynamic floor...
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Lenders look to AI for infrastructure, efficiency
As AI usage grows across all industries, equipment lenders are looking to leverage it for their own purposes. AI is...
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Trinity Capital equipment finance portfolio up 36%
Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in the second quarter of 2024 as equipment...
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Cat Financial sees 9% spike in revenue
Cat Financial, the financing arm of construction equipment manufacturer Caterpillar, reaped the benefits of higher interest rates and retail business...
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Where are US stocks headed? Here are the key levels to watch
The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and chart...
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Fed says fewer banks tightened loan standards last quarter
A smaller share of US banks reported stricter credit standards in the second quarter, according to the Federal Reserve. The...
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US unemployment rate rises again, cementing path to fed rate cut
US hiring slowed markedly in July and the unemployment rate rose to the highest level in nearly three years, suggesting...
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