Updated December 5 at 6:25am
Financial Services
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U.S. stocks rose toward their record high, led by energy companies, as oil jumped on optimism OPEC will agree to cut output. The dollar halted its longest winning streak versus the euro. more
Money Magazine last month named Webster Bank best bank in New England for 2016-17. more
Strong lottery growth in North America and Italy boosted revenue for International Game Technology PLC in the third quarter, the company said Monday. more
The U.S. is home to a working class suffering from stagnant incomes and declining job prospects—widespread struggles that helped elect Republican Donald Trump. more
Nobody is really sure what Donald Trump will want from the Federal Reserve during his presidency: Will he try to make it adopt the “hard money” views of many people in his party, or will he want it to err on the side of letting the economy run hot? more
Providence Business News recognized its 12 Business Excellence Award winners Thursday night at the Providence Marriott Downtown in front of a crowd of more than 200 people. more
Recognized as one of the Best Places to Work by Providence Business News seven times within the past eight years, Province Mortgage Associates Inc. knows what it's about and what its customers expect. "We've always stayed true to who we … more
Mortgage applications in the U.S. slumped last week after the sharpest increase in borrowing costs since mid-2013, signaling tougher sledding for the housing market. 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
About five years ago, Kentucky started investing some of its public-employee pension money with hedge funds. Sure, fees were high but the funds came with the lure of high returns and could serve as a buffer if the market tanked. more
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