Powell tells Congress Fed still in no rush to lower rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Tag: equipment finance
Section 1071 ‘likely dead’ as CFPB’s work is halted
Section 1071, a new regulatory challenge that equipment lenders have been gearing up for, may have just vanished into thin ...
Subsidies could soar under Trump, but frozen funds worry farmers
Expected farm subsidies under President Donald Trump contributed to improved farmer sentiment last month, but a recent freeze of federal ...
First Citizens, Sixth Street launch equipment finance venture
First Citizens Bank and Sixth Street are launching Sixty-First Commercial Finance, an equipment finance joint venture targeting middle- to large-ticket ...
Trump plans to impose 25% tariffs on steel, aluminum imports
President Donald Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions ...
DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet
In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped ...
Dealer ag equipment sales plunge, prompting OEM support
Dealer sales of new agriculture equipment plunged in 2024 as high interest rates exacerbated challenges facing farmers, prompting OEMs to ...
Terex backlog nears pre-pandemic averages
Equipment manufacturer Terex reduced its backlog again to end 2024, as the market returns closer to pre-pandemic levels. Overall order ...
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