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Banking & Finance

Dow soars 372 points on shutdown deal and oil

CNN BUSINESS |

Wall Street on Tuesday cheered a reversal of two trends that had been weighing on investors: US politics and oil.

Dow soars 400 points on shutdown and oil deals

CNN BUSINESS |

Wall Street on Tuesday cheered a reversal of two trends that had been weighing on investors: US politics and oil.

BB&T and SunTrust announce $66 billion merger, creating the sixth-largest US bank

CNN BUSINESS |

Two of the largest US regional banks are joining forces in a bid to compete with the nation's biggest players.

Wall Street braces for its first profit plunge in three years

CNN BUSINESS |

Stocks are booming because investors care a lot more about corporate profits on Wall Street than any drama in Washington. But company earnings could soon take a turn for the worse.

Mass. lender’s 4Q net back to black

Gregory Seay |

The Massachusetts parent of Westfield Bank, with branches in northern Connecticut, restored fourth-quarter earnings to black en route to higher full-year profits.

Windsor Locks FCU names CEO, COO

Gregory Seay |

Windsor Locks Federal Credit Union (WLFCU) named a pair of executive insiders to lead the member-owned credit cooperative whose previous chief executive officer retired recently.

Hiring boomed in January

CNN BUSINESS |

The US economy added 304,000 jobs in January, a surprisingly strong month of hiring as employers continue to bring in new workers.

Stocks wrap up best January in 30 years

CNN BUSINESS |

The last time stocks did this well in January, Tom Brady was a tween and Los Angeles Rams coach Sean McVay was a toddler.

Solid jobs report expected for January despite shutdown

CNN BUSINESS |

The January jobs report is due out on Friday, and the longest government shutdown in history has left experts guessing what the numbers will look like.

Dow climbs more than 400 points after Fed leaves interest rates steady

CNN Business |

The Dow climbed more than 400 points Wednesday after the Federal Reserve left interest rates unchanged.

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