Economic Activity
921 results total, viewing 361 - 370
The Massachusetts Gaming Commission will vote this week to decide whether to allow Suffolk Downs and the Mohegan Tribal Gaming Authority to push forward their bid for a casino in Revere, Boston.com reported Sunday. more
U.S. stocks rose, sending benchmark indexes to all-time highs, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery. more
In 2013, a graduate student discovered a flaw in a spreadsheet, renewing the debate about austerity and debt. Emerging economies tanked, and Bitcoin boomed. In the U.S., unemployment fell and the Federal Reserve started to scale back its bond-buying program. Research focused on inequality and jobs gap between the highly skilled and everyone else. The Affordable Care Act began. more
New England private-industry employer costs for employee compensation averaged $34.48 per hour in September, the highest in the country, according to a U.S. Bureau of Labor Statistics report issued Friday. The national average of compensation costs in September was $29.23 per hour. more
Retail sales in the U.S. rose more than forecast in November as Americans bought cars and took advantage of discounts going into the holiday-shopping season. more
Foreclosures in the Providence-Warwick metro area declined for the month of October compared with the same period last year, and also dropped slightly compared with a month earlier, according to a CoreLogic report released Monday. more
Consumer spending rose in November by the most in five months as Americans took advantage of store discounts during the year-end shopping season, giving the world’s largest economy a lift. more
The U.S. economy expanded in the third quarter at a faster rate than previously estimated as consumers stepped up spending on services such as health care and companies invested more in software. more
The Federal Reserve announced plans to cut its monthly bond purchases to $75 billion from $85 billion, taking its first step toward unwinding the unprecedented stimulus that Chairman Ben S. Bernanke put in place to help the economy recover from the worst recession since the 1930s. more
The average weekly wage in Providence County rose to $908 in the second quarter of 2013, a 2 percent increase over the same period last year, the U.S. Bureau of Labor Statistics reported Wednesday. more
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