U.S. companies borrowed 9 percent more in December to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. The companies signed up for $12.9 billion in new loans, leases, and lines of credit last month, compared with $11.8 billion a year earlier, according to ELFA….
New Business Orders For US Durable Manufactured Goods Slowed in April
New orders for U.S. made durable goods increased less than expected in April, after businesses slowed down their pace of spending on equipment as they deal with rising interest rates and tightening financial conditions, according to a U.S. Census report released by the Commerce Department on May 25. The government report said that durable goods…
A Chef’s Toolkit: Kitchen Essentials Professional Chefs Can’t Live Without
Like an artist with a favorite brush or an IT tech with a preferred screwdriver, chefs have their own must-have tools for creating culinary masterpieces. You may be surprised by their choices. A Spatula With a Heart Williams-Sonoma No Kid Hungry Tools for Change Silicone Spatulas A simple spatula is essential for every kitchen. In addition…
US Business Borrowing for Equipment Fell 3 Percent in December: ELFA
U.S. companies borrowed 3 percent less in December to finance their investments in equipment, the Equipment Leasing and Finance Association (ELFA) said on Tuesday, as inflation and Omicron cloud economic outlook. Firms signed up for $11.8 billion in new loans, leases, and lines of credit last month, compared with $12.1 billion a year earlier. Borrowings,…
Deere Expects Bumper Year as Farmers Splurge on Equipment
Deere & Co. on Wednesday shrugged off the hit from a month-long worker strike to forecast record earnings for next year, banking on demand from farmers flush with cash after a run-up in grain prices. The world’s largest farm equipment maker also capped a year riddled with supply chain problems with its highest-ever profit of…
US Business Borrowing for Equipment Rises 21 Percent in August: ELFA
Borrowings by U.S. companies for capital investments rose 21 percent in August from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier. However, borrowings fell 14 percent…
US News
- Epoch VideoSenate Majority Leader Chuck Schumer (D-N.Y.) holds a press conference at 10:45 a.m. ET on Feb. 7. The Epoch Times will livestream the event. [...]
- Matthew VadumThe Thirteenth Amendment, which abolished slavery, may protect abortion as a federal right, a federal judge said on Feb. 6 in an ongoing prosecution of pro-life activists charged with conspiracy… [...]
- Jack PhillipsA study published this week found that regular vitamin D supplementation may lower the risk of Type 2 diabetes among millions of adults who have prediabetes. A team of researchers… [...]
- The Associated PressSEATTLE—Boeing plans to make staffing cuts in the aerospace company’s finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said. “We expect about… [...]
- Beth BreljeNaval Lieutenant Levi Beaird, a Texan from Fort Worth, was surprised to learn that Sen. Ted Cruz (R-Texas) invited him to attend the State of the Union address. Beaird hopes his… [...]
- Epoch VideoThe House Oversight and Accountability Committee holds a hearing at 10:00 a.m. ET on Feb. 7, “On The Front Lines of the Border Crisis,” with testimony from Customs and Border… [...]
- Frank Fang, Eva FuPentagon’s own admission on Feb. 6 of an “awareness gap” regarding previous Chinese balloon incursions in U.S. airspace has drawn concerns from Republican lawmakers. “If the CCP [Chinese Communist Party]… [...]
LIVE NOW: House Armed Services Committee Holds Hearing on Pressing Threat of Chinese Communist Party- Epoch VideoU.S. House of Representatives Armed Services Committee holds a hearing at 10 a.m. ET on Feb. 7 on “The Pressing Threat of the Chinese Communist Party to U.S. National Defense.”… [...]
- Tom OzimekAmid growing bipartisan uproar over Beijing’s violation of U.S. sovereignty, a Chinese spokesperson issued a veiled threat vowing that Beijing would “resolutely safeguard its legitimate rights and interests” over the Pentagon’s… [...]
- Epoch VideoU.S. House Republican leaders hold a press conference at 10:15 a.m. ET on Feb. 7, before President Joe Biden’s State of the Union address. The Epoch Times will livestream the… [...]