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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Commercial truck lenders optimistic for 2025 and beyond
The financial outlook on commercial trucking is starting to brighten with glimmers of hope amid a yearslong recession. While challenges...
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CNH Industrial Capital originations up more than 3%
CNH Industrial Capital originations increased in the second quarter as lower sales at the parent company and higher delinquencies offset...
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M&A: WesBanco and Premier Financial Corp will merge to form $27B company
M&A activity continues to be at a high point for dealers and lenders, with several mergers announced in July. WesBanco-Premier...
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Powell says rate cut ‘could be’ on table at Fed’s next meeting
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after the US central bank...
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