Updated October 25 at 6:27am
Economic Activity
1272 results total, viewing 11 - 20
Webster Financial Corp. on Friday reported third quarter profit growing 0.87 percent to $51.8 million, or 54 cents per share, compared with $51.4 million, or 53 cents per share, for the same period last year. more
Restaurant executives are increasingly blaming this year’s presidential election for creating negative news and crimping sales. more
The state’s seasonally adjusted unemployment rate remained unchanged at 5.6 percent in September from August, and similarly unmoved from the September 2015 rate, according to a Thursday release from the R.I. Department of Labor and Training. more
Americans’ economic expectations rose to a nine-month high in October even as households’ current assessments of the economy and buying climate dimmed last week, according to figures in the Bloomberg Consumer Comfort Index released Thursday. more
Federal Reserve Bank of New York President William Dudley repeated that he expects an interest-rate increase by the end of 2016, as the central bank draws closer to reaching its twin objectives of maximum employment and 2 percent inflation. more
Filings for U.S. unemployment benefits rose last week by the most since July, after spending several weeks at or near a four-decade low. more
Skills for Rhode Island’s Future, a public-private partnership that aims to meet hiring needs of employers by offering customized talent sourcing solutions to place qualified long-term unemployed and underemployed candidates into available positions, was launched Wednesday. more
Economic activity is continuing at a modest to moderate pace in the First District despite uncertainty about the presidential election, according to the Federal Reserve’s Beige Book report released Wednesday. more
Greenvale Vineyards makes the best wine in Rhode Island, according to New York-based women’s lifestyle website PureWow. more
Cash sales of homes fell to 21.3 percent of the total in July in the Providence-Warwick-Fall River metropolitan area, a 6.2 percentage point decrease from July 2015, CoreLogic said Wednesday. more
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