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Banking & Finance

Despite backlash, stock buybacks keep booming

CNN BUSINESS |

Washington's attacks on stock buybacks haven't scared away Corporate America.

Chase Bank to open first area branch

Katherine Eastman | Journal Inquirer |

JPMorgan Chase Bank is poised to open its first branch in north-central Connecticut in South Windsor's Evergreen Walk area.

Federal tax cuts push Connecticut banks' earnings to record levels

Gregory Seay |

Connecticut banks are rolling in dough, courtesy of Uncle Sam. One year after President Donald Trump enacted the largest corporate tax cut in modern U.S. history, this state's 40 federally insured...

Dow soars 372 points on shutdown deal and oil

CNN BUSINESS |

Wall Street on Tuesday cheered a reversal of two trends that had been weighing on investors: US politics and oil.

Dow soars 400 points on shutdown and oil deals

CNN BUSINESS |

Wall Street on Tuesday cheered a reversal of two trends that had been weighing on investors: US politics and oil.

BB&T and SunTrust announce $66 billion merger, creating the sixth-largest US bank

CNN BUSINESS |

Two of the largest US regional banks are joining forces in a bid to compete with the nation's biggest players.

Wall Street braces for its first profit plunge in three years

CNN BUSINESS |

Stocks are booming because investors care a lot more about corporate profits on Wall Street than any drama in Washington. But company earnings could soon take a turn for the worse.

Mass. lender’s 4Q net back to black

Gregory Seay |

The Massachusetts parent of Westfield Bank, with branches in northern Connecticut, restored fourth-quarter earnings to black en route to higher full-year profits.

Windsor Locks FCU names CEO, COO

Gregory Seay |

Windsor Locks Federal Credit Union (WLFCU) named a pair of executive insiders to lead the member-owned credit cooperative whose previous chief executive officer retired recently.

Hiring boomed in January

CNN BUSINESS |

The US economy added 304,000 jobs in January, a surprisingly strong month of hiring as employers continue to bring in new workers.

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