Small Business Sales Grew 5.6% Y/Y and 2.2% M/M; Discretionary Spending Slows
Small business sales grew 5.6% year over year and 2.2% month over month, according to the Fiserv Small Business Index...
State Street Company Charles River Appoints Bhat as New Head of Asia-Pacific
Charles River Development, a State Street company, appointed Vinayak (Vin) Bhat as senior vice president, head of Asia Pacific, where...
Briggs Appointed Chairman of Farmers & Merchants Bancorp and F&M Bank
F&M Bank, an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, appointed Andrew Briggs as chairman of the board...
1st Source Corporation Promotes Short to President
As part of 1st Source’s long-term succession planning, the company promoted Andrea G. Short to president. Prior to this promotion,...
Truck Freight Contraction Continues, Spending Down 27.9% Y/Y, Shipping Down 21.6% Y/Y
The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months...
Sunflower Bank Expands in Southern California, Hires Canepa as Regional President
Sunflower Bank hired four commercial banking teams as it expands in Southern California. James Canepa, who joined Sunflower Bank in...
Small Business Owners Feel Confident Despite Concerns About Inflation, Fraud and ‘Political Noise’
KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses...
SVB Financial Group Enters Agreement to Sell Investment Platform Business
SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners will...
ACT Research: Used Class 8 Truck Retail Sales Counter History, Pull Back in March
According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks report by ACT Research, the used Class...
ISM Report on Business: Manufacturing PMI in Contraction Territory in April
Economic activity in the manufacturing sector contracted in April after one month of expansion following 16 consecutive months of contraction,...
