While big corporate layoff announcements typically grab the most attention, it has been the unwillingness of many companies to add workers that has created a more painful job market than data would suggest.

President Donald Trump’s decision to stop producing the penny earlier this year is starting to have real implications for the nation’s commerce.

Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks.

Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed.

Originally opened in 2007, Thomaston Savings Bank’s remodeled Middlebury branch reflects how Thomaston Savings does business today, Executive Vice President and COO Timothy Bergstrom says.

Thomaston Savings Bank announced it hosted a ribbon cutting ceremony for the grand reopening of their newly remodeled branch located at 1655 Straits Turnpike in Middlebury.

Torrington Savings Bank announced last week it’s promoted Michael Sweeney to chief commercial lending officer.

Using data from The Warren Group, The Commercial Record has ranked the 50 fastest-growing lenders in Connecticut of 2025.

Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it.

Some jobs have been lost and there have been dire forecasts about the future job market for these individuals, ranging from modest single-percentage point losses, to as many as half of all call center jobs going away in the next decade.

A new report says over half of Connecticut residents live in 9 percent of the state’s land, along existing transit corridors. Those areas have significant opportunities to add even more housing, the report concludes, when combined with areas with existing sewer infrastructure.

Speaking at an event in Boston, M&T Bank CEO René Jones predicted more M&A activity in the Northeast – including some driven by his own institution.

As CEO of PeoplesBank, Tom Senecal has led the mutual bank through some huge changes in the last 10 years, including its entry into the Connecticut market. He’s now set to retire at the end of the year.

PeoplesBank says it’s become the largest U.S. community bank to fully operate on a cloud-native core banking platform after successfully converting to the Nymbus Banking Platform.

After 30 years at PeoplesBank, chairman and CEO Tom Senecal announced that he will retire at the end of 2025.