Economic Activity
997 results total, viewing 451 - 460
Rhode Island’s combined state and federal top marginal tax rate on personal dividends income, currently 28.6 percent, ranks as the 20th highest rate in the country, according to a study published by the Tax Foundation on Tuesday. more
Private-industry employer costs for employee compensation in New England inched downward in December, dropping 8 cents per hour to an average of $34.40 per hour, but remained the highest in the U.S., according to a quarterly U.S. Bureau of Labor Statistics report issued Wednesday. more
Nortek Inc. posted a loss of $8.3 million for 2013, compared with profit of $9.5 million a year earlier. The maker of home and office security solutions, ventilation and air management products, and heating and cooling systems embarked on a dual-focused investment strategy to improve its supply chain operations while growing its top line. more
Wall Street’s bonus pool rose 15 percent to $26.7 billion in 2013 as profits from broker-dealer operations on the New York Stock Exchange fell 30 percent, according to estimates by New York state Comptroller Thomas DiNapoli. more
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a record close last week, as investors assessed the strength of the economy and developments in Ukraine. more
Job openings in the U.S. increased less than expected in January, a sign labor market cooling from late 2013 persisted as severe winter weather hammered the eastern and mid-western U.S. more
Lawmakers, educators, business leaders, and state and federal officials will gather on Monday to discuss workforce development and career and technical education at the R.I. Senate’s annual Economic Summit. more
Gasoline prices rose for a fifth consecutive week in Rhode Island and Massachusetts, mirroring national energy price trends, according to the weekly survey by AAA Southern New England. more
President Barack Obama’s advisers said the U.S. economy is on track to strengthen and add more jobs in the next two years because many of the impediments to faster growth have subsided. more
The new year brought mixed economic results in Rhode Island, as discouraging unemployment data offset positive revisions of January payroll estimates, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
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