JPMorgan’s net income rose 9 percent in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but its chief executive warned of global economic uncertainties ahead due to tariff chaos.

As the national economy inched its way towards a soft landing last year, consumers’ satisfaction with their banks grew.

Fed Chair Jerome Powell’s focus on the potential for more inflation suggests that the central bank will likely keep its benchmark interest rate unchanged at about 4.3 percent in the coming months.

Guilford Savings Bank is rebranding to Ascend Bank in the third quarter of 2025.  The bank continues to grow, including its recent merger with Eastern Connecticut Savings Bank that will turn it into a $1.4 billion-asset bank.

Questions will still swirl around trade and tariffs for months to come, economists say. And more tariffs are in the pipeline and could target specific industries like lumber.

The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin.