Economic Activity
915 results total, viewing 341 - 350
U.S. mortgage rates jumped to the highest since September as investors speculated that the Federal Reserve will slow bond purchases aimed at keeping borrowing costs down. more
The owners of the Rhode Island Mall have sold the Wal-Mart and Kohl’s properties to an undisclosed buyer for $33.35 million. more
Single-family home prices in the Providence-Warwick metro area rose 7.1 percent in October compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
Cyber Monday sales surged, sending online shopping toward a single-day record as Amazon.com Inc. and EBay Inc. siphoned consumers from brick-and-mortar stores. more
A new study released Wednesday by the University of Massachusetts Donahue Institute projects 4.4 percent growth in the state’s population between 2010 and 2030. more
Overcoming economic uncertainty following October’s partial shutdown of the federal government, New England business owners reported greater optimism in the past six weeks and expect to see continued growth through the first quarter of 2014, according to the Federal Reserve Board’s Beige Book released Wednesday. more
The jobless rate dropped to a five-year low of 7 percent in November as American employers added more workers than forecast, showing further progress in the labor market that will provide a spark for the world’s largest economy. more
The U.S. Department of Housing and Urban Development has cleared the Providence Economic Development Partnership to restart lending to local small businesses under its revolving loan program. more
The A.H. Belo Corp. announced Wednesday morning that it was exploring the sale of the Providence Journal. Company Chairman, President and CEO James M. Moroney III said the move fit with an overall strategy to “focus on investing and growing in Dallas.” more
United Natural Foods Inc.’s net income rose to $27.8 million, or 56 cents per diluted share, during the first quarter of its fiscal 2014 year, a 28.9 percent increase over the $21.5 million, or 43 cents per diluted share, reported for the same period last year. more
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