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U.S. stocks rose, snapping a two-day drop in the Standard & Poor’s 500 Index, amid earnings optimism after Alcoa Inc. reported sales that exceeded projections.
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By Rita Nazareth |
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Unemployment rates were lower in November in 322 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to nonseasonally adjusted data from the U.S. Bureau of Labor Statistics.
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By PBN Staff
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Construction employment declined in 151 out of 337 U.S. metro areas – including the Providence-Fall River-Warwick and New Bedford areas – rose in 126 metro areas and stayed stagnant in 60 from November 2011 to November 2012, according to the Associated General Contractors of America.
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By PBN Staff
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The Slater Technology Fund has committed to $250,000 in funding to a $750,000 seed round for Care Thread, a provider of secure mobile messaging and team-based collaboration solutions for the medical industry, Slater announced Tuesday.
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By PBN Staff
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U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a five-year high, as investors awaited the start of the corporate earnings season tomorrow.
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By Rita Nazareth |
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Employers added workers in December at about the same pace as the prior month, and the unemployment rate matched a four-year low, showing sustained gains in the U.S. labor market even as lawmakers were struggling to reach a budget deal.
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By Shobhana Chandra |
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U.S. stock futures were little changed, with the Standard & Poor’s 500 Index heading for its biggest weekly rally in 13 months, as investors awaited the non- farm payrolls and unemployment report for December.
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By Sofia Horta e Costa |
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Consumer sentiment climbed last week and U.S. companies added more workers than projected in December, showing the world’s largest economy picked up even as lawmakers were embroiled in budget disputes.
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By Shobhana Chandra and Lorraine Woellert |
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The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in November to 2.9 percent, according to CoreLogic. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process.
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By PBN Staff
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More Americans than forecast filed claims for unemployment insurance payments last week as the closing of some state agencies during the holidays prompted the government to estimate figures.
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By Lorraine Woellert |