Updated August 24 at 11:24am
Financial Services
705 results total, viewing 581 - 590
The best-performing U.S. stocks right now are ones that usually do well when the economy isn’t, makers of everything from household cleaning products to food. It’s yet another black cloud for investors fretting over a growth slowdown. more
Washington Trust Co. recently opened its 21st full-service retail branch on the East Side of Providence, marking another step in its strategy to capture a larger share of deposits in Rhode Island. more
John Warren is president of the Massachusetts Society of Enrolled Agents. He talks with Providence Business News about why consumers should file income taxes early, consider using an enrolled agent and how to protect themselves from identity theft. more
When Federal Reserve officials started a rate-hiking cycle last month, they hoped their widely telegraphed policy action would neither derail the recovery nor overly destabilize financial markets. more
It wouldn’t take much to look at the performance of markets these days and draw the conclusion that investors deem a U.S. recession as all but inevitable. A deeper dive finds a more benign scenario. more
The Federal Reserve said it will analyze in its annual stress tests how 33 large banks, including Bank of America Corp. and JPMorgan Chase & Co., would withstand a severe global recession, a doubling of the U.S. unemployment rate to 10 percent and moderate deflation. more
Sandra J. Pattie fights a constant battle against the perception of the banking industry as being a conservative, stodgy group of paper pushers. "Banking today is very dynamic, offering opportunities in consultative sales roles, technical … more
Turmoil returned to financial markets as oil plunged past $27 a barrel, the Dow Jones Industrial Average sank 550 points and global equities approached a bear market that is fueling a rush into haven assets. more
New year, same fears. Except now they’re hitting all at once. For U.S. stocks it’s meant the worst start since the financial crisis, while volatility in Europe has exploded to levels not seen in a decade. more
BlackRock Inc.’s cash-management business has agreed to manage about $87 billion in assets for Bank of America Corp. clients as it seeks to build scale in an industry grappling with money-market fund regulations. more
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