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Author: Bloomberg News

Home » Archives for Bloomberg News » Page 62

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

US retail sales increase in sign of steady consumer spending

US retail sales increased in April, suggesting consumer spending is

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

US households show signs of stress as new delinquencies rise

US households showed signs of increasing financial stress in the

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

Fed gets room to hold in June as inflation shows sign of cooling

Signs of moderating price pressures in April will give Federal

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

Fisker’s debut SUV delayed by lingering software problems

Fisker Inc. is facing delays delivering its debut electric SUV

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

The Fed raises US rates by a quarter point, signaling possible pause

The Federal Reserve raised interest rates by a quarter percentage

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

US job openings fall, layoffs jump in sign of softer labor market

Vacancies at US employers fell in March by more than

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

US economic growth slows to 1.1% while inflation accelerates

US economic growth slowed in the first quarter by more

Fed raises rates as Warsh bucks Trump to contain inflation

Fed raises rates as Warsh bucks Trump to contain inflation

byBloomberg News

September 16, 2026

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year,...

Front sign on a Truist branch

Truist exits near prime auto lending, sells $5.5B portfolio

byAmanda Harris

September 15, 2026

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today. The transaction represents...

Themes to watch for at Powersports Finance Summit 2026

Themes to watch for at Powersports Finance Summit 2026

September 15, 2026

ATLANTA — Powersports dealers are navigating an environment in which completing a sale is subject to volatile consumer discretionary demand. Powersports Finance Summit 2026 returns on Sept. 16 at...

Chase Auto’s Laurinda Rainey to speak at Auto Finance Summit East 2026

Agentic AI shopping could be important purchase channel for Chase Auto

September 15, 2026

Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research...

Ford’s F-150 leaves tough choices for buyers seeking EV tax credits

Americans love a Ford pickup truck; it’s one of the

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