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Home » Archives for Bloomberg News » Page 65

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

Santander halts $942M subprime auto ABS sale amid turmoil

Santander Consumer USA on Wednesday delayed the sale of $942

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

Consumer spending is challenged by high inflation as retail sales fall

U.S. retail sales fell in February after a surge in

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

US core CPI tops estimates, pressuring Fed as it weighs hike

Underlying US consumer prices rose in February by the most

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

Apollo, Blackstone and KKR said to circle SVB’s loan assets

Apollo Global Management Inc., Blackstone Inc. and KKR & Co.

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

Silicon Valley Bank collapses and enters FDIC receivership

Silicon Valley Bank collapsed into Federal Deposit Insurance Corp. receivership

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

GM offers buyouts to salaried staff in $2B cost cut plan

General Motors Co. said it’s offering voluntary buyouts to salaried

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

Powell sees higher peak for interest rates, says Fed prepared to speed up if needed

Federal Reserve Chair Jerome Powell said the US central bank

Powersports market is ‘tale of two consumers’ as inflation pushes some out

Powersports market is ‘tale of two consumers’ as inflation pushes some out

September 16, 2026

While powersports sales will likely end 2026 up year over year, entry-level consumer demand may slow due to affordability pressures....

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 16, 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...

VW jumps as better chip supplies are set to fuel sales surge

Volkswagen AG expects to sidestep a slowing economy with a

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