Berkshire Bank to Close 3 CT Branches
May 2, 2024 | Reprints | Unlock Link 
Boston-based Berkshire Bank has filed a notice with the Connecticut Department of Banking to close three of its branches in the Nutmeg State.
Survey: RE Agents Open to Changing Affiliations
May 3, 2024 | Reprints | Unlock Link
The latest report from Coldwell Banker found that 67 percent of real estate agents plan on staying with their current company this year, a significant drop from the 75 percent who said the same last year.
US Employers Scaled Back Hiring in April; That Could Let the Fed Cut Interest Rates
By The Associated Press | May 3, 2024 | Reprints | Unlock Link
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
Federal Reserve Declines to Cut Interest Rates, Cites Continued Inflation
By Cassidy Norton | Commercial Record Staff | May 2, 2024 | Reprints | Unlock Link
As expected, the Federal Reserve did not reduce the benchmark lending rate at its meeting yesterday, maintaining the rate at a 23-year high.
Connecticut’s Top Home Sales: April 12-April 19
The five most expensive recent single-family and condominium sales in Connecticut.
Reclassification of Marijuana Could Build Momentum for Cannabis Banking Reform
May 1, 2024 | Reprints | Unlock Link
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
