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NET INCOME from Brazil, Santander’s biggest market, jumped 77 percent from a year earlier, the bank said Wednesday. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander Holdings USA resolves regulatory case, but still faces others

PROVIDENCE – Santander Holdings USA Inc. confirmed Thursday the Federal Reserve has ended its 2015 enforcement action against the company for having various regulatory...

Tariffs prompt U.S. manufacturers to review plans: Fed survey

NEW YORK - America’s escalating trade dispute with China and other trading partners has prompted almost a fifth of United States businesses including about...

Trump wants the Fed to roll back the U.S. economy

Doves on the Federal Reserve evidently have a vocal ally in President Donald Trump. He said recently he’s “not thrilled” about the Fed increasing...

The working poor need help

Bloomberg recently reported on some interesting new data from the Economic Policy Institute. The percent of Americans earning poverty wages – pay that would...

Beige Book reports region’s economic activity continues to expand

PROVIDENCE – In the Federal Reserve Beige Book released Wednesday, economic activity in the First District, presented by the Federal Reserve Bank of Boston,...
UNITED STATES manufacturing output rose 0.8 percent in June, the most in four months. / BLOOMBERG FILE PHOTO/TY WRIGHT

Manufacturing output in U.S. rises by most in 4 months

NEW YORK - United States factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related...
U.S. LABOR MARKET payrolls rose 213,000 month to month in June and 2.4 million year over year. / BLOOMBERG

U.S. payrolls rise 213,000; Wage gains slow, unemployment up

NEW YORK - United States hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor...
S&P 500 COMPANIES reported record dividend payouts of $124 billion in the second quarter. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

S&P 500 firms declared record dividend payouts last quarter

NEW YORK - One-third more S&P 500 companies boosted dividends in the second quarter compared to a year earlier, with record dividend payouts of $124...
THE SECOND ROUND OF THE Federal Reserve's most-recent stress test has caused only a handful of banks to curtail their capital plans for 2018. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed forces JPMorgan, Goldman, four rivals to temper payouts

NEW YORK – Tougher Federal Reserve stress tests forced six U.S. banks, including JPMorgan Chase & Co., to scale back proposals for doling out...
THE FEDERAL RESERVE'S bank stress test assumed tougher economic conditions than 2017 for its "severely adverse scenario." / BLOOMBERG

Goldman, Morgan Stanley say test scores may not curb payouts

NEW YORK - Goldman Sachs Group Inc. and Morgan Stanley are imploring investors not to get spooked.The investment banks had the two lowest capital...
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