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Business activity in the U.S. Midwest grew more than expected this month, a report showed on Friday.
The Institute for Supply Management-Chicago business barometer unexpectedly rose to 60.6 in October. The reading was 60.4 in September, and economists had forecast an October reading of 58.0. Get the full story »
A key measure of U.S. business sentiment improved sharply in September, a lender group told Reuters Monday, as companies raised their investment in equipment and software and did a better job of staying current on their debts.
The Equipment Leasing and Finance Association said that U.S. businesses originated $5.8 billion in loans, leases and lines of credit last month to invest in capital equipment, which can include everything from tool-and-die machines and delivery trucks to office furniture and computer hardware and software. Get the full story »
