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Connecticut Banks

Fairhaven High Alum Rode Bicycle Cross-Country to 50th Reunion

Nancy P. Nelson Jun 23, 2022
Connecticut Loans

Go to the airport early

Connecticut Mortgages

Ion Financial, MHC and Lincoln Park Bancorp Announce Receipt of…

Connecticut Banks

Yellowstone Park reopens after flood-induced changes – NBC…

Connecticut Loans

Santander Bank Review: Is It The Best Bank For You?

Connecticut Mortgages

Gaming Realms Obtains Connecticut Gaming Content License

Nancy P. Nelson Jun 21, 2022
Mobile-focused gaming content provider game kingdoms has been licensed as an online gaming service provider by the Connecticut Department of Consumer Protection, it announced on Tuesday, making it the fourth U.S. state where it is…
Connecticut Lending

Five questions to: Leland Merrill

Nancy P. Nelson Jun 21, 2022
LELAND MERRILL recently joined Centerville Bank as Senior Vice President and Chief Loan Officer. / COURTESY OF CENTREVILLE BANK Leland Merrill recently joined Centerville Bank as senior…
Connecticut Banks

Golf and Donations at the ShopRite LPGA Classic presented by Acer

Nancy P. Nelson Jun 20, 2022
Pictured from left to right: Brooke Henderson, 2022 ShopRite LPGA Champion, Tim Vogel, Corporate Relations Manager for America's Grow-a-Row, and Dave Snyder, Group Director, Retail Sales, for Coca-Cola North America. (Photo provided)…
Connecticut Loans

Asian markets are typically down ahead of the US holiday

Nancy P. Nelson Jun 20, 2022
TOKYO (AP) — Asian markets were mostly down in cautious trading on Monday ahead of a U.S. federal holidayConcerns about inflation and the risks of a global recession stemming from the central bank's efforts to rein it in seemed to outweigh…
Connecticut Lending

How a Millennial Couple Built an Empire of 15 Airbnbs in 4 Years

Nancy P. Nelson Jun 19, 2022
Lauren Hudson, 40, and Chris Krieger, 39, bought a modern Vermont cabin as a second home in 2017. They turned to Airbnb to cover the costs, then left their day…
Connecticut Mortgages

West Hartford: How to Pay the Tax Man (or Woman)

Nancy P. Nelson Jun 19, 2022
WEST HARTFORD - The first day of summer is one of the most anticipated days of the year and it's Tuesday, June 21.The other feature of this day, however, is not so popular at West Hartford, although it is something everyone has to deal…
Connecticut Banks

Hall High School Jazz Band to Launch Greater Hartford Jazz Festival – We-Ha

Nancy P. Nelson Jun 18, 2022
The Hall High School Jazz Band of West Hartford, with special guest trombonist Chris Crenshaw, will kick off the three-day Greater Hartford Jazz Festival in Bushnell Park, an event expected to attract 70,000 music fans. Submitted The 31st…
Connecticut Loans

2 Mississippi businessmen charged in pandemic fraud case

Nancy P. Nelson Jun 17, 2022
JACKSON, Mississippi (AP) — Two Mississippi businessmen, including one who served on the governor's economic stimulus advisory committee, have been indicted on charges related to the fraudulent receipt of more than $2 million in pandemic…
Connecticut Mortgages

Will CT plunge with the stock market?

Nancy P. Nelson Jun 17, 2022
Investors are painfully aware of the fall in stock and bond markets so far in 2022. Are federal and state officials aware of the damage that falling markets will soon wreak on budgets and public finances? Tax revenues from capital gains…
Connecticut Loans

Aggressive Fed rate hikes increase the likelihood of a recession

Nancy P. Nelson Jun 16, 2022
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell has pledged to do whatever it takes to rein in inflation, which is now raging to its highest level in four decades and defying efforts to the Fed so far to tame it.Increasingly, it…
Connecticut Mortgages

Here’s how a higher Fed rate could affect your finances

Nancy P. Nelson Jun 15, 2022
WASHINGTON (AP) — Record mortgages are long gone. Credit card rates are likely to go up. The same will apply to the cost of a car loan. Savers could finally see a noticeable return.The unusually large three-quarter point hike in its…
Connecticut Lending

After Georgia loss, House runoff gives Trump another chance

Nancy P. Nelson Jun 15, 2022
MCDONOUGH, Ga. (AP) — Nearly a month after his favorite candidate for governor in Georgia was beaten by more than 50 points, former President Donald Trump has the opportunity next week to demonstrate that he still has some influence on this…
Connecticut Banks

Spritz Finance Invoice Payment Beta Released on Polygon Network

Nancy P. Nelson Jun 14, 2022
Greenwich, Connecticut --News Direct-- SpritzSpritz Finance, a web3 personal finance platform enabling decentralized finance (DeFi) users to easily pay their bills with crypto, today announced that the company's closed beta for its bill…
Connecticut Loans

Asian benchmarks drop after bear market hits Wall Street

Nancy P. Nelson Jun 14, 2022
TOKYO (AP) – Asian stocks fell on Tuesday after Wall Street fell into a bear market, indicating that major U.S. benchmarks and individual stocks fell 20% or more from a recent high for a period. prolonged.Benchmarks fell in Japan,…
Connecticut Mortgages

A state program offering down payment assistance for new homebuyers in Connecticut

Nancy P. Nelson Jun 13, 2022
Press Releases 06/13/2022 Governor Lamont Announces the Launch of Time to Own: A State Program Providing Down Payment Assistance for New Homebuyers in Connecticut (HARTFORD,…
Connecticut Lending

Turtle nesting season is alive and well — in Vernon

Nancy P. Nelson Jun 13, 2022
VERNON, CT – A female snapping turtle found an interesting spot to lay her eggs Monday morning in Vernon. The turtle was spotted performing the deed around 7:45 a.m. on East Main Street in the Rockville neighborhood, not far from the Pitney…
Connecticut Banks

Armed and untrained officers are still patrolling some NJ towns

Nancy P. Nelson Jun 12, 2022
Last year, the New Jersey State Commission of Inquiry released an “Abuse the Badge” report which found that many municipalities in Garden State were still appointing constables.The practice began in the 1600s when there were no police, and…
Connecticut Loans

Crowded education superintendent race highlights SC ballot

Nancy P. Nelson Jun 11, 2022
COLUMBIA, SC (AP) — Contests for governor and the U.S. Senate are the headline races in South Carolina's primaries next week, but many candidates are also vying for seats in Congress and for roles across the board. the state superintendent…
Connecticut Mortgages

Report: Three Washington metros at risk of falling house prices | Washington

Nancy P. Nelson Jun 10, 2022
(The Center Square) - Three of the top five metropolitan markets at risk of falling home prices are in…
Connecticut Lending

NJ man found guilty of Jamesburg double murder, including his father

Nancy P. Nelson Jun 10, 2022
A Middlesex County jury found a Jamesburg man guilty of kill his own father and a second man before setting fire to a house in a cover-up attempt more than two years ago.Jaree Kitchen, 24, was convicted of the 2019 murders of Clifford…
Connecticut Banks

Asian stocks mixed after Wall Street rate drop

Nancy P. Nelson Jun 10, 2022
BANGKOK (AP) — Stocks were mostly down in Asia on Friday, with only Shanghai rising, after stocks fell on Wall Street on expectations that central banks will double down on inflation with rate hikes. 'interest.Tokyo's Nikkei 225 index lost…
Connecticut Loans

New York’s decision does not mean the end of RMBS litigation

Nancy P. Nelson Jun 9, 2022
By Donald Hawthorne (June 9, 2022, 6:04 p.m. EDT) -- The wave of residential mortgage-backed securities, or RMBS, litigation that began with the 2008 financial crisis is now well into its second decade.Cases continue to flow against…
Connecticut Mortgages

Mortgage rates jump again, buyers sideline

Nancy P. Nelson Jun 9, 2022
WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped ahead of next week's Federal Reserve meeting, where it is expected to announce another increase in its main lending rate.Mortgage buyer Freddie Mac reported Thursday that the…
Connecticut Lending

High prices and low inventory, a new normal for car buyers

Nancy P. Nelson Jun 8, 2022
June 08, 2022, 1:49 p.m.Updated 1 hour agoBy: EdmundsBuying a new or used car over the past two years has become a more difficult undertaking. Due to the COVID-19 pandemic and its aftermath, we have faced factory shutdowns, supply chain…
Connecticut Banks

3 a.m. law firms may finally be free to opt out of representing sanctioned Russian banks

Nancy P. Nelson Jun 7, 2022
Three major Am Law law firms representing Russian banks that were sanctioned following Russia's!-->…
Connecticut Loans

Sri Lankan PM asks for patience as UN asks for relief funds

Nancy P. Nelson Jun 7, 2022
COLOMBO, Sri Lanka (AP) — Sri Lanka's prime minister said Tuesday that the United Nations has organized a global appeal to help the island nation deal with critical shortages of food, fuel and medicine, but the funds provided barely scratch…
Connecticut Lending

Crime, education, discussed in Maryland governor’s debate

Nancy P. Nelson Jun 6, 2022
OWINGS MILLS, Md. (AP) — Crime, education and the economy were the top issues discussed Monday by eight candidates seeking the Democratic nomination for governor of Maryland in their first wide televised debate. of State.The candidates also…
Connecticut Mortgages

Doubts over Twitter deal, shares end up

Nancy P. Nelson Jun 6, 2022
DETROIT (AP) — Elon Musk is threatening to end his $44 billion deal to buy Twitter, accusing the company of refusing to give him information about his spam bot accounts. Lawyers for the CEO of Tesla and SpaceX made the threat…
Connecticut Banks

BUSINESS BRIEFS: BAV Awards $100,000 to Farmers’ Markets; Berkshire Bounty hires director;…

Nancy P. Nelson Jun 6, 2022
Left to right: BAV Project Manager Ciana Barnaba, Dennis Iodice of Berkshire Mountain Bakery, Great Barrington Farmers Market Manager Maeve Dillion, Christa Stosiek of Markristo Farm, Elizabeth Keen of…
Connecticut Loans

Kilmer urges Department of Veterans Affairs to improve VA mortgage process – The Suburban…

Nancy P. Nelson Jun 5, 2022
Announcement from the office of Representative Derek Kilmer. Tacoma, WA – On Thursday, U.S. Representatives Derek Kilmer (WA-06) and Guy Reschenthaler (PA-14) led a bipartisan letter signed by more than 60 of their colleagues to U.S.…
Connecticut Mortgages

Critical Investigation: Altisource Asset Management (NYSE: AAMC) vs. Ellington Financial (NYSE: EFC)

Nancy P. Nelson Jun 5, 2022
Altisource Asset Management (NYSE: AAMC – Get a rating) and Ellington Financial (NYSE: EFC – Get a rating) are both small cap finance companies, but which stock is better? We will compare the two companies based on!-->…
Connecticut Lending

Central Maine Business Records: Maine Venture Fund Partners with Dirigo Labs

Nancy P. Nelson Jun 4, 2022
WATERVILLE – Maine Venture Fund announced a new partnership with Dirigo Labs, a startup accelerator launched by the Central Maine Growth Council, to increase capital investment in businesses located in central Maine. Dirigo Labs will…
Connecticut Banks

Obituary: Gerald S. “Jerry” Gordon

Nancy P. Nelson Jun 4, 2022
Gerald S. "Jerry" Gordon PORTLAND — Gerald S. "Jerry" Gordon died June 1, 2022 in Bloomfield, Connecticut. A resident of Portland, Maine for over 60 years, Jerry was born April 9, 1933 in Lynn, Mass, the son of Nathan and Elizabeth…
Connecticut Loans

CT Attorney General William Tong warns of misleading housing guarantee ads – NBC Connecticut

Nancy P. Nelson Jun 3, 2022
Connecticut Attorney General William Tong says Connecticut homeowners should keep an eye out for potentially misleading ads from home warranty companies trying to trick people into buying expensive warranties they don't…
Connecticut Mortgages

US added 390,000 jobs in May as hiring remained robust – NBC Connecticut

Nancy P. Nelson Jun 3, 2022
U.S. employers added 390,000 jobs in May, extending a string of strong hiring that has supported an economy under pressure from high inflation and rising interest rates. Last month's gain reflects a resilient labor market…
Connecticut Lending

Asian stocks rise, exchanges in China are closed for the national holiday

Nancy P. Nelson Jun 3, 2022
TOKYO (AP) — Asian stocks rose on Friday amid mixed signs for investors such as rising energy prices and the easing of COVID-19 restrictions in China.Trade was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in…
Connecticut Banks

Cambridge Savings Bank fuels Atlantic Equipment expansion with $4.3 million loan package

Nancy P. Nelson Jun 2, 2022
News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Cambridge Savings Bank (SCB)a full-service mutual bank with a…
Connecticut Loans

Former Corinthian students get federal student debt forgiveness – NBC Connecticut

Nancy P. Nelson Jun 2, 2022
Hundreds of thousands of students who attended the for-profit chain Corinthian Colleges will automatically have their federal student loans forgiven, the Biden administration announced Wednesday, a move that aims to put an…
Connecticut Mortgages

California to Unveil Groundbreaking Report on Slave Reparations

Nancy P. Nelson Jun 1, 2022
SAN FRANCISCO (AP) — The slavery redress movement reached a watershed Wednesday with the release of a comprehensive report detailing California's role in perpetuating discrimination against African Americans, a major step toward educating…
Connecticut Lending

Mortgage fintech Tomo cuts nearly a third of its workforce

Nancy P. Nelson Jun 1, 2022
Lending fintech Tomo Networks cut nearly a third of its workforce on Tuesday and will reverse its expansion plans, the company confirmed on Wednesday.The Stamford, Connecticut-based company laid off 44 employees ahead of a chaotic economic…
Connecticut Banks

NJ arts education survived COVID, with dance and theater thriving

Nancy P. Nelson May 31, 2022
When the organization now called Arts Ed NJ first surveyed New Jersey schools about their dance, music, theater and visual arts offerings in 2006, 77,000 Garden State students did not have access to adequate programs in these disciplines.In…
Connecticut Loans

Don’t let your first car be a $30,000 mistake

Nancy P. Nelson May 31, 2022
May 31, 2022, 2:08 p.m.Updated 1 hour agoBy: NerdWalletBuying your first car is already a daunting experience; amid historic supply shortages, it's easy to feel overwhelmed.In March this year, the average price of a used car was $27,246,…
Connecticut Lending

McConney Scheepers rides Mass. Bar Foundation

Nancy P. Nelson May 30, 2022
For the past decade, she has worked as an administrative magistrate for the state's Administrative Law Appeals Division. For the previous decade, she had served as general counsel for the Massachusetts Public Service Commission, Suffolk…
Connecticut Loans

As the deadline for affordable housing approaches, Connecticut’s cities’ response is a…

Nancy P. Nelson May 29, 2022
Facing a state-imposed deadline on Wednesday, Connecticut communities this spring completed work on their formal plans to provide more affordable housing — though many warn the state's goal is not practice.As of May 23, fewer than 50 of…
Connecticut Lending

Contributor: Housing crisis or housing shortage?

Nancy P. Nelson May 28, 2022
David Carey. Contributing photo. Homeowners and potential buyers are not reliving the housing market crash of 2008. But there is a housing shortage that is having a butterfly effect on the property market -…
Connecticut Banks

STEM Day at Greater Hartford Athletic Inspires Hartford-area Students and Teachers –…

Nancy P. Nelson May 27, 2022
POSITIONS OPEN FOR APPOINTMENT The CEA may be eligible to elect up to 30 State Delegates to the NEA RA in 2020. The following are the descriptions of the vacancies: At-Large Category 1/State Delegate: Fifteen positions (duration: two…
Connecticut Mortgages

Affordability declines as mortgage application payments rise 8.8% in April

Nancy P. Nelson May 27, 2022
Edward Seiler Homebuyer affordability declined in April, with the national median payment requested by homebuyers rising 8.8% to $1,889 from $1,736 in March. It is according to Mortgage…
Connecticut Loans

School and Owner Pay Over $1 Million to Resolve Allegations of Attempts to Improperly Influence…

Nancy P. Nelson May 27, 2022
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, today announced that CAREER TRAINING SPECIALISTS, LLC, doing business as STONE ACADEMY, and its owner, MARK SCHEINBERG, have paid more than $1 million to resolve…
Connecticut Lending

Texas Forces Companies to Be Gun Neutral or Lose Business | News

Nancy P. Nelson May 26, 2022
To continue doing business with Texas, companies will effectively have to take a vow of neutrality if the…
Connecticut Mortgages

Arming affordable housing in the name of social justice is wrong and counterproductive

Nancy P. Nelson May 26, 2022
For the editor: A May 24 article in the CT Examiner, "Developer Threatens 8-30g, Racial Justice Protests, After Darien Asks to Scale Back" by Cate Hewitt describes a Darien Architectural Review Board meeting held…
Connecticut Banks

NY, NJ, CT Address Gun Control and School Safety – NBC New York

Nancy P. Nelson May 26, 2022
Safety was a priority for parents and caregivers in the tri-state area on Wednesday as children headed to school the day after the horrific mass shooting at a Texas elementary school that claimed the lives of 19 children…
Connecticut Loans

Stamford and New Haven are ‘economic powerhouses,’ but there’s room for growth…

Nancy P. Nelson May 25, 2022
David Lehman, commissioner of Connecticut's Department of Economic and Community Development, called the Stamford and New Haven areas "economic powerhouses" on Tuesday, but said that for the rest of the state to follow suit, more…
Connecticut Mortgages

Fed officials warn rates could hit ‘tight’ levels

Nancy P. Nelson May 25, 2022
WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may need to raise interest rates to levels that would weaken the economy as part of their bid to rein in the inflation, which is approaching a…
Connecticut Banks

Wegmans pledges investment in Norwalk as grocery chain seeks approval of first CT site

Nancy P. Nelson May 24, 2022
NORWALK — Wegmans, the New York-based upscale grocery chain, is pledging to provide donations and scholarships to the local community as the company seeks approval to open its first Connecticut location.In an application submitted to…
Connecticut Loans

Governor Murphy touts program to help some public servants get their student loans forgiven

Nancy P. Nelson May 24, 2022
May 24, 2022, 12:54 a.m.Updated 6 hours agoBy: News 12 StaffGov. Phil Murphy was at the College of New Jersey on Monday to highlight a little-known federal program that helps workers cancel their college debts.The event comes as President…
Connecticut Lending

Commercial lenders aren’t sweating rate hikes — at least not yet

Nancy P. Nelson May 23, 2022
Community bank executives say demand for commercial loans remains strong despite recent hikes in the Federal Reserve's benchmark interest rate. The blitz on home loans and refinances is coming to an end, however.…
Connecticut Mortgages

States with worst foreclosure rates this year – 24/7 Wall St.

Nancy P. Nelson May 22, 2022
Part of the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act, passed by Congress and signed by President Donald Trump in March 2020, included temporary foreclosure and eviction protections for property owners…
Connecticut Banks

Fisherman finds 240-year-old rock near Cuyahoga River

Nancy P. Nelson May 22, 2022
CUYAHOGA FALLS, Ohio - A father and son walking along the banks of the Cuyahoga River last month made a startling discovery that has sparked the interest of historians, scholars and residents. Cuyahoga Falls resident Richard Ryan and his…
Connecticut Loans

Detroit tenants get right to an eviction lawyer

Nancy P. Nelson May 22, 2022
On May 10, the Detroit City Council passed an ordinance providing tenants with the right to legal representation in the event of eviction. The ordinance is the product of a three-year fight by the Detroit Right to Counsel Coalition, which…
Connecticut Banks

Connecticut Foodshare Sees Increased Need Amid Inflation Challenges – NBC Connecticut

Nancy P. Nelson May 20, 2022
In Connecticut, more than 400,000 people are struggling to put food on the table. The problem of food insecurity is exacerbated by inflation, which increases the cost of groceries and strains food banks nationwide.…
Connecticut Loans

Georgia’s top congressman faces toughest race since 2010

Nancy P. Nelson May 20, 2022
After years of re-election, Georgia's leading congressman is preparing for his toughest campaign in more than a decade as hopeful Republican challengers line up for the May 24 primary ballot and raise impressive sums for target the Democrat…
Connecticut Lending

Fed candidate Michael Barr calls inflation ‘far too high’

Nancy P. Nelson May 19, 2022
WASHINGTON (AP) — Michael Barr, chosen by President Joe Biden to be the Federal Reserve's chief banking regulator, pledged Thursday to help reduce high inflation and provide "clear rules" to govern the financial innovation."I would be…
Connecticut Banks

Signature Bank Launches New National Business Line with Appointment of Healthcare Banking and…

Nancy P. Nelson May 18, 2022
NEW YORK--(BUSINESS WIRE)--Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced the launch of a new line of business with the appointment of a nine-person team to banking and health finance…
Connecticut Loans

Livestreaming debate, Twitter spat

Nancy P. Nelson May 17, 2022
NEW YORK (AP) — Experts are calling for a broader discussion about livestreams after a white gunman killed 10 black people at a Buffalo supermarket. The self-proclaimed white supremacist mounted a GoPro camera on his helmet to…
Connecticut Lending

My list of the top 23 office markets in the United States, by vacancy rate ranging from abysmal to…

Nancy P. Nelson May 17, 2022
Commercial real estate hit by construction boom, oil crisis, pandemic, work from home, hiring freeze and layoffs. Old office towers cause huge losses. By Wolf Richter for WOLF STREET. The news for the commercial real estate office…
Connecticut Banks

Bank of England Governor dismisses criticism of inflation

Nancy P. Nelson May 16, 2022
LONDON (AP) — Bank of England Governor Andrew Bailey on Monday dismissed criticism that the institution failed to act quickly enough to quell inflationary pressures, telling a parliamentary committee that officials from the monetary policy…
Connecticut Loans

Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) sees a significant drop in short-term interest

Nancy P. Nelson May 15, 2022
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN – Get Rating) was the target of a sharp decline in short-term interest in April. As of April 30, there was short interest totaling 14,700 shares, down 32.6% from the!-->…
Connecticut Mortgages

Financial Contrast: Pinnacle Financial Partners (NASDAQ:PNFP) vs. Webster Financial (NYSE:WBS)

Nancy P. Nelson May 15, 2022
Pinnacle Financial Partners (NASDAQ:PNFP – Get a rating) and Webster Financial (New York Stock Exchange: WBS – Get a rating) are both mid-cap financials, but which stock is superior? We'll compare the two companies!-->…
Connecticut Lending

Transformation underway at the former Red Men Club in Winsted

Nancy P. Nelson May 15, 2022
WINSTED — At its peak, the Red Men Club was a bustling enterprise for more than 400 members, who held their meetings at 15 Case Ave., in the basement of the old First Baptist Church.The Improved Order of Red Men is one of the oldest…
Connecticut Banks

Colorado leads in bank robberies in 2021; some blame fentanyl

Nancy P. Nelson May 14, 2022
DENVER (AP) — A few days before Christmas last year, a man and woman entered a KeyBank at 2nd Avenue and Broadway in Denver wearing COVID masks and caps and passed a note to a bank teller: “ Give me all your money and you won't be hurt.The…
Connecticut Mortgages

Affordable housing in Southington exists but could be increasingly difficult to find

Nancy P. Nelson May 13, 2022
Editor's note: Part of a series of surveys of housing costs in Southington.SOUTHINGTON - Margaret Fernandes, general manager of Anthony Jack's restaurant on Center Street, finds little in her search for a flat or house in…
Connecticut Lending

NY Cases Spike, CDC Map Puts Most States at High Risk – NBC New York

Nancy P. Nelson May 13, 2022
Nearly 150 U.S. counties now meet the CDC's threshold for a high-risk community-level COVID alert, marking a nearly three-fold increase in less than two weeks and a 79% increase since Monday, according to federal data on…
Connecticut Banks

M&T Bank Appoints Key Executives for CT and Hartford | Business

Nancy P. Nelson May 12, 2022
After acquiring Bridgeport-based People's United Bank, M&T Bank has identified two big leaders for its…
Connecticut Loans

Senate confirms Powell for 2nd term as Fed battles inflation

Nancy P. Nelson May 12, 2022
WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chairman, lending bipartisan support to Powell's sweeping efforts to rein in the highest inflation in four decades.The 80-19…
Connecticut Lending

Stock Wars: M&T Bank Vs. Webster Financial

Nancy P. Nelson May 11, 2022
Benzinga's weekly Stock Wars matches two leaders in a major industry sector to determine which company is the best investment.This week, the duel opposes two financial institutions: M&T Banking Corporation MTB and Webster Financial…
Connecticut Banks

Senate confirms Lisa Cook as first black woman on Federal Reserve Board

Nancy P. Nelson May 10, 2022
The Senate voted on Tuesday to confirm Lisa Cook as the first black woman to join the Federal Reserve Board.Vice President Kamala Harris broke the 50-50 tie in the Senate, ending a nomination that began in January. Cook faced hurdles along…
Connecticut Loans

Hot real estate market highlights need for bilingual real estate agents – NBC Connecticut

Nancy P. Nelson May 10, 2022
Navigating Connecticut's hot real estate market is hard enough, but imagine trying to do it without fully understanding the language. A local agent sees a huge demand for bilingual real estate agents from Spanish-speaking…
Connecticut Lending

Website says Montana is the sixth worst place to be a cop in the US

Nancy P. Nelson May 9, 2022
The financial site Wallet Hub published a study recently naming Montana the sixth worst place in the United States to be a law enforcement officer.KGVO reached out to Wallet Hub analyst and attorney Jill Gonzalez to find out why Montana…
Connecticut Banks

Facing death? There is an application for that

Nancy P. Nelson May 9, 2022
Before the pandemic, entrepreneurs Liz Eddy and Alyssa Ruderman struggled to convince venture capitalists to invest in their Lantern end-of-life planning app. Potential business partners were also skeptical."We would hear, 'Oh, this is…
Connecticut Loans

Financial investigation of NBT Bancorp (NASDAQ:NBTB) and Northwest Bancshares (NASDAQ:NWBI)

Nancy P. Nelson May 8, 2022
NBT Bancorp (NASDAQ:NBTB – Get Rating) and Northwest Bancshares (NASDAQ:NWBI – Get Rating) are both small cap finance companies, but which is the better stock? We'll compare the two companies based on their!-->…
Connecticut Mortgages

MBA forecast calls for higher house prices and mortgage rates

Nancy P. Nelson May 6, 2022
According to the new MBA Purchase Request Payment Index (PAPI), homebuyer affordability declined in March, with the national median payment requested by applicants rising 5% to $1,736 from $1,653 in february. An increase in the…
Connecticut Banks

On Day 72 – Wild Power in Connecticut

Nancy P. Nelson May 6, 2022
swamp river for river pathCold Swamp Camp for Cucumber Dill Le Croix CampAT miles: 25.1Total mileage: 1485.2Altitude change: Gain of 6112 feet, loss of 6089 feet Somewhere along the way, I had the idea that Connecticut was going to be an…
Connecticut Loans

NHPS tackles teacher shortage | New Haven, Crest CT

Nancy P. Nelson May 6, 2022
By Maya McFadden, New Haven IndependentMay 6, 2022 Future teachers discovered the opportunities in New Haven classrooms, as New Haven schools seek to fill 100 classroom vacancies by partnering with local colleges and universities to help…
Connecticut Mortgages

Connecticut Launches Homeowner Assistance Program, Part of Pandemic Relief | Connecticut and area

Nancy P. Nelson May 6, 2022
Months after launching its pilot program, Connecticut's comprehensive assistance program for homeowners who…
Connecticut Lending

CT launches homeowner assistance program, part of pandemic relief

Nancy P. Nelson May 5, 2022
Months after launching its pilot program, Connecticut's comprehensive assistance program for homeowners who have been financially impacted by COVID-19 is now open for applications. It is intended to avoid foreclosures for…
Connecticut Banks

CT Lawmakers Spend June 16 Holiday, But Slavery Comments Spark Backlash

Nancy P. Nelson May 4, 2022
HARTFORD — Connecticut lawmakers voted Wednesday to make June 16 an official holiday, following a lengthy debate that ignited passions over remarks by a conservative lawmaker about including slavery in the Constitution.The June 19 holiday,…
Connecticut Loans

How to Save More When Inflation Makes Your Money Matter Less

Nancy P. Nelson May 4, 2022
When it comes to purchasing power, inflation means things cost more and your money loses value. When a period of high inflation hits - like right now - you may want to consider changing the way you manage your finances to help protect the…
Connecticut Lending

This graph shows how a home sale benefits Maine’s economy.

Nancy P. Nelson May 3, 2022
Buyers and sellers benefit from home sales, but moving costs, insurance costs and furniture purchases have an additional economic impact on Maine businesses. According to a report published last week by the National Association…
Connecticut Banks

Asian stocks mixed as Australia hikes interest rates

Nancy P. Nelson May 3, 2022
Asian stocks were mixed on Tuesday after Australia's central bank raised its key interest rate for the first time since 2010.Trading was light, with markets in mainland China, Japan and some other countries closed for the holidays.…
Connecticut Loans

Nonprofit CT works to make sure small businesses get a boost

Nancy P. Nelson May 2, 2022
This week is National Small Business Week. HARTFORD, Conn. — A Hartford nonprofit helps local small businesses get started in the business world. Al Gary spends a lot of his…
Connecticut Lending

State’s only black female DA announces resolution of decades-old cold case

Nancy P. Nelson May 2, 2022
By Antonio Ray Harvey, California Black Media Contra Costa District Attorney Diana Becton, California's only black DA, recently joined state Attorney General Rob Bonta and acting Richmond Police Chief Louie Tirona to announce…
Connecticut Banks

For 40 years, these two men have been keeping New Haven’s waterways clean

Nancy P. Nelson May 1, 2022
NEW HAVEN - Their relationship has lasted 40 years.It is the one based on a common mission: to keep the city's waterways and their banks clean, to remove tires, shopping carts and rubbish every day. Peter Davis, who was…
Connecticut Loans

Comparison of Richmond Mutual Bancorporation (NASDAQ:RMBI) and Bankwell Financial Group…

Nancy P. Nelson Apr 30, 2022
Richmond Mutual Bancorporation (NASDAQ:RMBI – Get Rating) and Bankwell Financial Group (NASDAQ:BWFG – Get Rating) are both small cap finance companies, but which is the best investment? We'll compare the two!-->…
Connecticut Lending

Privatize tax collection from overdue states? Here’s why Connecticut lawmakers say not so…

Nancy P. Nelson Apr 30, 2022
Governor Ned Lamont's administration wants to sell the state's outstanding tax debt to private collection agencies, but the General Assembly isn't ready to go along with that — at least not yet.The House of Representatives amended a bill…
Connecticut Mortgages

Torrington families invited to apply for Habitat for Humanity home

Nancy P. Nelson Apr 30, 2022
LAKEVILLE – Habitat for Humanity of Northwest Connecticut is now accepting applications from eligible families interested in home ownership in Torrington. The deadline to apply is May 31.“Construction of the house on Hemlock Road in…
Connecticut Banks

CoreChain Raises $4.2M to Offer Blockchain-Based B2B Payments to Enterprise Clients

Nancy P. Nelson Apr 29, 2022
CoreChain announced that it had secured $4.2 million in seed funding. The round was led by Ulu Ventures with participation from other existing investors including Connecticut Innovations, Bloccelerate VC and New Form Capital, as…
Connecticut Loans

Rutgers turned down the chance to write off at least $2 million in student loans. Why?

Nancy P. Nelson Apr 29, 2022
For his final semester at Rutgers in 2018, Reet Starwind completed a semester abroad, ending with a two-and-a-half-week visit to Ireland. Because his mother worked in the Rutgers system, he received free lessons and hadn't realized there…
Connecticut Mortgages

Now is not the time to turn away from the real estate market

Nancy P. Nelson Apr 29, 2022
It's no secret that the housing market is a bit wild right now, maybe even volatile. But that's no reason to be discouraged in the search for the ideal home. With a little patience, everything falls into place. A local real estate agent…
Connecticut Lending

RCR Event Preview – Dover Motor Speedway

Nancy P. Nelson Apr 28, 2022
United Rentals This Week's Chevrolet Camaro SS at Dover Motor Speedway... Hill will make his first start at Dover Motor Speedway in the NASCAR Xfinity Series competition on Saturday afternoon. He scored two top 10 finishes in six Truck…
Connecticut Banks

Launch from the South Coast at 10 Great Summer Daycation Spots

Nancy P. Nelson Apr 28, 2022
The high cost of planes, trains and even automobiles is making traveling away from home quite prohibitive this summer, so many people are looking for fun destinations closer to home.Here are some suggestions.Don't let high gas prices and…
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