Economic Activity
487 results total, viewing 61 - 70
Registering a positive value of 75, Rhode Island’s economic momentum for July is providing a “glimmer of hope” in a year that has mostly disappointed to date, University of Rhode Island economist Leonard Lardaro said Monday. more
Unemployment in Rhode Island slid one-tenth of a percentage point in May to a seasonally adjusted 8.2 percent, down from 8.3 percent in April, the R.I. Department of Labor and Training reported Thursday. Last month also represented the first time since April 2013 that the state’s civilian labor force improved on both a month-over-month and year-over-year basis. more
Alex and Ani LLC is being sued over the aborted sale of its since dissolved Seven Swords Media subsidiary. more
(Updated, 11:45 a.m.) American employers hired fewer workers than forecast in August, and the jobless rate dropped because people left the workforce, bolstering those on the Federal Reserve who want to be more deliberate in removing monetary stimulus. more
The R.I. Senate on Monday approved the $8.7 billion state budget for fiscal 2015 by a vote of 32-5, submitting for the governor’s signature a spending plan that cuts the state’s corporate and estate taxes, provides for repayment of the 38 Studios bonds, eliminates the Sakonnet River Bridge tolls and adds $33.4 million in education funding. more
(Updated, 12:06 p.m.) Gov. Lincoln D. Chafee formally approved a new apprenticeship program for computer numerical control operators at the annual meeting of the Governor's Workforce Board at the Crowne Plaza Providence-Warwick hotel Thursday morning. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index above 2,000, after a report showed the biggest-ever jump in durable-goods orders and an unexpected consumer confidence increase. more
(Updated, 12:35 p.m.) Investors betting the Federal Reserve will accelerate its timetable for an interest-rate increase may have to think again after Friday’s jobs report. more
Oil traders might see the 27 percent slide in global prices as a bear market. For U.S. consumers, it’s more like an early holiday gift. more
The number of residential properties in the Providence-Warwick metro area in negative equity fell to 56,608 in the first quarter, representing 16 percent of all residential mortgages, compared with 17.4 percent or 61,424 properties in the fourth quarter of 2013, according to a CoreLogic report released Thursday. more
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