Economic Activity
920 results total, viewing 471 - 480
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
U.S. stocks fluctuated between gains and losses, after benchmark indexes rallied to all-time highs yesterday amid optimism over the economic recovery. more
U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of children’s apparel and jewelry, MasterCard Advisors SpendingPulse said. more
U.S. household debt climbed 1.1 percent during the third quarter as borrowing for mortgages, education, car purchases and on credit cards all increased, according to a Federal Reserve Bank of New York survey. more
The Mixed Magic Theatre is moving to a smaller space in the Lorraine Mills Artist Studios complex after nearly three years at Hope Artiste Village. more
It’s back to square one for Rhode Island’s redevelopment of the former Shooters nightclub property in Providence. The R.I. Department of Environmental Management officially broke off talks May 1 with Bowl Arts LLC, the community group that had been hoping to build a concert and performing arts venue on the site. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted fourth- quarter profit that topped analysts’ estimates as pharmacy sales rose on new medicines and new customers. more
Target Corp., the second-largest U.S. discount retailer, cut its U.S. unit’s fourth-quarter forecast and said the recent security breach affected more people and more information than previously thought. more
Central Falls has the highest percentage of mortgages in negative equity of all 39 cities and towns in Rhode Island, while Little Compton claims the lowest percentage, according to data compiled by Zillow.com. more
Confidence among U.S. homebuilders increased more than forecast in December, matching the highest level in eight years. more
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