Updated March 27 at 9:27am
Financial Services
790 results total, viewing 81 - 90
U.S. stocks rallied along with oil prices as investors’ focus turned to the Federal Reserve’s first policy decision and outlook since the U.S. elections. The decision is due on Wednesday. The Dow Jones Industrial Average climbed for a seventh straight session. more
Providence is one of the least safe cities for driving in the U.S., according to Allstate Corp., which released its 12th annual America’s Best Drivers report on Tuesday in time for the Independence Day weekend. more
(Updated 2:07 p.m.) Moody’s Investors Service has upgraded the city of Woonsocket’s bond rating to Ba3, up from B2, which affects some $153 million in outstanding debt, according to the rating agency. more
Federal Reserve Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policymakers’ expectations. more
The South Eastern Economic Development Corp. on Tuesday announced it has received $3.8 million to help it make small-business loans in Massachusetts and Rhode Island. more
Summer Infant Inc. reported $233,000 in profit, or 1 cent per diluted share, in the third quarter, reversing a loss of $1.8 million, or 10 cents per share, in the prior-year period, the baby and juvenile-product maker reported this week. more
U.S. stocks rose for the first time since Britain voted to leave the European Union, rebounding amid optimism that policymakers are committed to limit the fallout from the U.K.’s exit. more
It’s the beginning of the end for major job cuts at U.S. banks, according to Challenger, Gray & Christmas Inc., a firm that advises many of them on workplace reductions. more
(Updated 2:29 p.m.) Federal Reserve officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs in 2017, saying inflation expectations have increased “considerably” and suggesting the labor market is tightening. more
Fidelity Charitable on Wednesday said it made a record $3.5 billion in grants on behalf of its donors last year, a 15 percent increase compared with 2015. more
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