Fed holds rates at 22-year high, signals concern on yield rise
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent...
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Caterpillar falls as shrinking backlog stokes demand worry
Caterpillar Inc.’s stock tumbled to the lowest price since early June after the company said its order backlog shrank in...
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US District Court issues nationwide Section 1071 injunction
The United States District Court for the Southern District of Texas has issued an expanded, nationwide injunction granting relief from...
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Some equipment finance execs urge adoption of standards
Some equipment finance executives are pushing for industry standards to improve operations and reduce government intervention. Adoption of industry standards...
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Spring Free EV debuts tax equity product for commercial fleets
Fintech Spring Free EV is gearing up to launch a product that will allow fleet managers to access residual capital...
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Traton Financial Services revenue rises 30%
Traton Financial Services’ revenue rose in the third quarter of 2023 as the company expanded its truck and bus portfolio...
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Paccar Financial Services revenue up 25% YoY
Positive portfolio quality, heightened used truck sales, and product launches led to growth in Paccar Financial Services’ revenue and portfolio...
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AI coming to equipment finance
PHOENIX — Equipment finance companies foresee development of artificial intelligence tools specific to their industry within 10 years as AI...
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