Single-family home sales in Massachusetts jumped nearly 14 percent in October from a year ago, the second consecutive month that sales increased, according to The Warren Group, publisher of Banker & Tradesman. But home prices failed to recover, with the statewide median home price falling by more than 10 percent during the month compared to a year ago.

The U.S. government has bailed out Citigroup, agreeing to shoulder most of the potential losses on $306 billion of high-risk assets and inject $20 billion of new capital in its biggest move yet to rescue a bank.

The property and casualty insurance industry is reeling from the largest year-over-year drop in net income in seven years, according to an analysis by Cambridge-based Highline Data, a division of Summit Business Media.

Haverhill Bank and Northeast Community Credit Union have received final regulatory approval for their previously announced merger.

A majority of graduates from the state’s largest asbestos removal training school didn’t actually complete the school’s mandatory course, a jury ruled this week in the trial of the school’s owner.