The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in June: Additional findings include: Separately, the Equipment Leasing & Finance Foundation?s Monthly Confidence Index in July is 50.7, steady with the June index of 50.2. ELFA ...
Key Highlights Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of Realtors?. All four major U.S. regions posted sales declines. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.
Midway through the year, the outlook for a soft landing has strengthened, driven by easing inflation and a robust labor market, according to the Q3 update of the 2024 Equipment Leasing & Finance U.S. Economic Outlook. Real equipment and software investment growth is projected to be 3.7% in 2024, with activity expected to pick up later in the year after the Fed lowers interest rates.
First Fed Bank and its holding company, First Northwest Bancorp (FNWB), announced the retirement of Jennifer Zaccardo from the Company?s Boards of Directors, effective July 02, 2024. ?On behalf of the Board of Directors we thank Jennifer for her many years of valuable service, and we wish her the very best as she enters retirement,? said Cindy Finnie, Board Chair of FNWB and First Fed.
Christie?s International Real Estate, the global authority on luxury real estate, has released its 2024 Global Luxury Mid-Year Outlook. The report is based on insights from more than three dozen Christie?s International Real Estate broker-owners in 18 countries on five continents.
Today, U.S. Supreme Court revived Corner Post?s lawsuit challenging a Federal Reserve regulation, ruling 6-3 that the six-year limit on challenging the rule had not yet expired for the North Dakota convenience store and truck stop when it filed suit. The Board of Governors of the Federal Reserve System adopted Regulation II in 2011, establishing fees for debit-card transactions.
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced that Kyle Henderson has been promoted to Chief Credit Officer. "Kyle Henderson is a respected banking leader with an outstanding track record in credit administration. ?As a community bank, First Fed is an essential partner for many local businesses, families, and individuals.
Key Highlights Pending home sales in May slipped 2.1%, according to the?National Association of Realtors?. The Midwest and South posted monthly losses in transactions while the Northeast and West recorded gains. # # #*The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes.
Vicor Corporation (VICR) today announced that, on June 24, 2024, the United States District Court for the District of Massachusetts granted a preliminary injunction barring subsidiaries of Foxconn from pursuing arbitration against Vicor (VICR) before the China International Economic and Trade Arbitration Commission.
The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in May: Additional findings include: Separately, the Equipment Leasing & Finance Foundation?s Monthly Confidence Index in June is 50.2, steady with the May index of 50.7. ELFA Pr...
The third and final day of the FII PRIORITY Rio de Janeiro Summit concluded with pivotal discussions on global economic growth and sustainability. The day began with a fireside chat with His Excellency Geraldo Alckmin, Vice President of Brazil, who addressed foreign direct investment and the global energy transition.
Key Highlights Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of Realtors?. In the four major U.S. regions, sales slid month-over-month in the South but were unchanged in the Northeast, Midwest and West.
Huntress, the pioneering force in cybersecurity for small businesses to small enterprises and the Service Providers that support them, announced a significant milestone with the closure of a $150 million Series D funding round led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures.
Roadzen Inc. (RDZN), a global leader in AI at the convergence of insurance and mobility, today announced a significant partnership with a leading commercial auto-focused agency network in India. According to the World Bank, India?s economy is the fastest-growing large economy in the world, with the Reserve Bank of India projecting GDP growth rate of around 8% in 2024.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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