
M&T Passes Fed Stress Test
The nation’s largest banks have strong capital levels and would be able to continue lending to households and businesses during a severe recession, according to the Federal Reserve’s annual stress test.

Powell: Fed Must Convince Public It Can Tame Inflation
As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession.

Gov. Lamont Urged to Address Open Jobs at Union Convention
While organized labor had high praise for Democratic Gov. Ned Lamont at the opening day of the Connecticut AFL-CIO political convention on Thursday, workers urged him to do more to help fill numerous open positions in state government and across the state.

Westfarms Center Sold for $26.4M to Michigan Investor
A leased retail power center on the border of Farmington and West Hartford has been sold by Tartaglia Commercial Properties for $26.4 million.

Payveris Launches Loan Repayment Service
Cromwell-based Payveris, a technology company offering a digital payments platform, has launched a loan and debt repayment service that provides consumers with real-time payment options.