Updated February 19 at 6:26pm
Economic Activity
1265 results total, viewing 491 - 500
Bank of America Corp., the second-biggest U.S. lender by assets, said third-quarter profit rose 7.3 percent, beating analysts’ estimates, as revenue from fixed-income trading was better than predicted and expenses fell. more
Cash collections increased 5.4 percent, or $33.1 million, to $651 million in the first two months of the fiscal year, the R.I. Department of Revenue said this week. more
Retail sales climbed in September by the most in three months, showing American shoppers began to spend freely again after shying away from merchants earlier in the quarter. more
Wholesale prices in the U.S. rose by more than projected in September, helped by higher costs for energy and food and indicating inflation may be picking up. more
Rhode Island has one of the highest percentages of Latino-owned businesses in New England, but many of these entrepreneurs report challenges in gaining access to capital and resources that could help their business grow, according to a new report by the Latino Policy Institute at Roger Williams University. more
The U.S. Small Business Administration on Thursday recognized Rhode Island lending institutions that have excelled as SBA lenders this year, noting that 2016 had the highest volume of loans in the Ocean State’s history, as 457 were made for more than $130 million. more
Four programs were chosen by United Way of Rhode Island to share $155,000 from its Housing for All Fund, to put in motion safe, healthy and affordable housing programs, according to a release by the organization on Thursday. more
Filings for U.S. unemployment benefits were at a four-decade low over the past two weeks as sales prospects encouraged employers to maintain headcounts. more
Working with Tiverton residents and representatives of the R.I. Department of Environmental Management, the Twin River Management Group has refined design plans for a proposed casino and hotel in the town in an effort to protect wetlands, wildlife and the surrounding environment. more
A recently released audit of the R.I. Lottery shows the state agency is closely monitoring increased gaming operations in neighboring states, as the recent opening of Plainridge Park Casino in Massachusetts has negatively impacted revenue. more
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