Cox: Automotive sellers like market, however auto rates of interest weigh
Requested what elements harmed their enterprise, 61 p.c of dealerships cited rates of interest, up one level from the primary quarter of 2023 and 45...
Automobile sellers say excessive rates of interest prime problem holding again enterprise: ‘How a lot can the buyer take?’
Simply when it appeared like issues had been getting again to regular at Rhett Ricart’s Columbus, Ohio, automotive dealerships — after pandemic-induced stock shortages and runaway value inflation —...
Invoice Gross says markets are headed for ‘potential chaos’ if rates of interest preserve going up
Famed investor Invoice Gross stated he expects massive bother forward ought to the Federal Reserve preserve mountaineering rates of interest."The economic system has been bolstered...
For many enterprise, new Fed charge means loans now at 10%-plus curiosity
U.S. Federal Reserve Board Chairman Jerome Powell holds a information convention after Federal Reserve raised its goal rate of interest by three-quarters of a share...