Updated May 26 at 1:26pm
Financial Services
689 results total, viewing 81 - 90
Payrolls and wage growth soared in October, prompting the market to fortify its resolve that the Federal Reserve will deliver its first interest rate hike in roughly nine and a half years in December. more
(Updated 2:22 p.m. and 2:41 p.m.) The Standard & Poor’s 500 Index resumed its decline in afternoon trading as the rout in all but the riskiest of global assets worsened. more
(Updated 4:42 p.m.) Global stocks added to losses that have them poised for the worst month in more than three years on fresh concern China’s efforts to prop up its markets will fail. U.S. equities pared declines as crude rallied to a one-month high. more
Secretary of State William F. Galvin charged Fidelity Brokerage Service LLC of Boston with “dishonest and unethical behavior” for allowing unregistered investment advisers to conduct business. more
For months, Federal Reserve officials have pledged that this rate hiking cycle will be gradual and data-dependent. After they finally lifted rates for the first time in almost a decade last month, market participants and economists have focused on just what that means. more
Rhode Island is one of the top states where people are likely to live paycheck to paycheck, according to GOBankingRates.com. more
William A. “Bill” White is president and CEO of Coastway Community Bank, which for the second consecutive year made the most loans through the U.S. Small Business Administration flagship 7(a) Loan Program in Rhode Island. White talks with Providence Business News about the program, how it’s a part of the bank’s growth strategy and what trends he’s seeing in the state’s lending market. more
Royal Bank of Scotland Group PLC plans to raise as much as $1.9 billion in the latest sale of shares in its U.S. unit Citizens Financial Group Inc. to investors. more
(Updated 1:06 p.m.) Providence Strategic Growth Capital, an affiliate of Providence Equity Partners LLC, has closed its first fund with $315 million of equity commitments. more
More than 4.75 tons of peanut butter were collected during The Washington Trust Co.’s 16th annual peanut butter drive to benefit the Rhode Island Community Food Bank and 15 local food pantries across the state and southeastern Connecticut. more
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