• Feb 13, 2025

Deere Sees Improvement in Farm Economy Though Tariffs Loom

(Bloomberg) -- World farm machinery leader Deere & Co. said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe Illinois-based company said it’

  • Feb 13, 2025

Anywhere rode luxury to close out 2024’s “challenged” market

Illustration of Anywhere CEO Ryan Schneider (Getty, Anywhere; Illustration by Kevin Rebong for The Real Deal)After a sluggish third quarter, Anywhere waded through a “pretty tough housing market” to deliver some growth and an optimistic outlook for 2025. The real estate services company posted a net loss of $64 million, or a $43 million improvement from the same quarter in […]This article originally appeared on The Real Deal. Click here to read the full story.

  • Feb 13, 2025

US Wholesale Inflation Tops Estimates on Food, Energy Prices

(Bloomberg) -- US wholesale prices rose in January by more than forecast on higher food and energy costs, highlighting only limited progress on inflation ahead of tariffs imposed by the Trump administration.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe producer p

  • Feb 13, 2025

NY Fed finds rising consumer debt amid some fraying for car loans

(Reuters) -Overall debt levels held by Americans rose modestly in the final quarter of last year on a healthy consumer sector, even as automobile borrowing faced some turbulence, the Federal Reserve Bank of New York said on Thursday. “Consumers are in pretty good shape in terms of the household debt landscape, largely driven by stable balances and solid performance in mortgage loans,” the bank said in a posting detailing the findings on its latest report on the state of household debt, this time for the fourth quarter of 2024. “However, for auto loans, higher car prices combined with higher interest rates have driven monthly payments upward and have put pressure on consumers across the income and credit score spectrum,” New York Fed economists wrote.