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Economist sees surge continuing

On the heels of the largest increase in home prices in seven years, U.S. Trust’s top investment guru says he expects the bull market to continue its run and for equities to avoid a late-spring swoon. ...

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Westchester, Fairfield banks cautious, opportunistic

It was a mixed first quarter for the banking industry – FDIC-insured banks earned a total of $35.3 billion from January to March, up $6.6 billion from the $28.8 billion banks earned in the first quarter of 2011. But loan balances fell by $56.3 billion after three straight quarterly increases. “The condition of the industry continues to gradually improve,” said FDIC acting Chairman Martin Gruenberg. “Insured ...

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