Updated May 28 at 5:25pm
Economic Activity
1201 results total, viewing 451 - 460
(Updated 10:18 a.m. and 2:05 p.m.) A six-month research effort on Rhode Island’s economy delved into the Ocean State’s past as an industrial leader, its struggles during the Great Recession and its need to innovate to move forward again. more
With crude oil prices at levels not seen since 2003, gasoline prices in the region continued to drop. The average price of self-serve, unleaded regular gas in Rhode Island hit $1.94 per gallon this week, 5 cents less than the price a week ago, said AAA Northeast. more
The Odeum Corp. this month received $620,000 in grant support, which will go toward long-awaited improvements to the venue’s historic façade. more
European shares fell for a third day, led by losses in banks as investors shrugged off gains for energy companies and makers of household goods. The yen weakened as China stepped up efforts to curb foreign speculation against its currency, and crude oil fell after touching a 12-year low. more
The rout that swept through asset classes, taking oil below $30 a barrel and European and Asian stocks into bear markets, is pushing up gauges of investor stress around the world. more
Rhode Island’s capital city is the fifth-highest in the nation for income inequality, behind Boston, New Orleans, Atlanta and Cincinnati, according to a report from The Brookings Institution. more
Providence Business News once again packed the Providence Public Library at its annual Book of Lists premier party Thursday night. More than 400 of the region’s business and civic leaders networked while marking the publication of PBN’s 2016 Book of Lists. more
(Updated 1:24 p.m.) Stocks tumbled around the world, with U.S. equities headed for their lowest levels in 15 months, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering. more
Sam’s Clubs stores in Warwick, Fall River and Seekonk are closed today as part of Wal-Mart Stores Inc.’s plan to shutter 269 stores, including 154 stores in the United States. more
Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. more
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