PBN Staff WriterTwitter: @Eli_Sherman
Webster Financial Corp. on Thursday reported record-breaking profit for 2016 with $207.1 million, or $2.16 per diluted share, representing a 1.17 percent increase compared with 2015.
By Craig TorresBloomberg News
Federal Reserve Chair Janet Yellen said the U.S. economy is “close” to the central bank’s objectives of full employment and stable prices and she’s confident it will continue to improve.
By Jesse Hamilton, Janet Lorin and Shahien NasiripourBloomberg News
Navient Corp., the largest servicer of student loans in the United States, was sued by a U.S. regulator over allegations that the company “systematically” cheated borrowers.
(Updated, 4:55 p.m.)
Faced with falling demand for teller services, Webster Bank will close four Rhode Island and Bristol County branches on April 14.
PBN Web EditorTwitter: @loristabile
Rhode Island had the greatest man-woman wage gap improvement among states during the 2007-15 period, according to a study released Wednesday by NerdWallet, a personal finance website.
Warwick has the most sustainable credit card debt in Rhode Island, while Providence has the least, according to WalletHub’s latest survey about cities with lowest and highest credit card debts.
By Lu WangBloomberg News
To say that hopes are high heading into fourth-quarter earnings season would be an understatement.