Updated December 9 at 12:28am
Economic Activity
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(Updated 10:26 a.m.) Job seekers using the state’s online job board, EmployRI, are being warned about job offers from fake recruiters. more
The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve’s view of a stronger job market. more
Colbea Enterprises LLC, of Cranston, recently announced it opened three new Seasons Corner Market stores during the first quarter, in North Providence, Lincoln and in Framingham, Mass. more
For the first time since 2009, all sectors of the economy are chugging along at normal rates: The housing industry pulled out of its nosedive, the government sector ended its downturn, and as of this quarter, the industrial recession is over. more
Sales of single-family homes in Rhode Island increased dramatically in the second quarter of 2016, rising faster than in any other quarter since tracking began in 1986. more
A long-discussed plan to expand passenger rail service to Pawtucket and Central Falls got a boost on Wednesday from a $13.1 million federal TIGER grant which will help build a new commuter rail station here, something the mayor of Pawtucket called a “game changer.” more
The Federal Reserve left interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting tighter, suggesting conditions are getting more favorable for an increase in borrowing costs. more
The cash sales share of total home sales fell 9.7 percentage points over the year in April in the Providence-Warwick-Fall River metropolitan area to 23.1 percent, CoreLogic said Wednesday. more
Banco Santander SA’s profit fell in the second quarter as Spain’s biggest bank absorbed costs from closing branches and cutting jobs in its home market, where its lending business showed further signs of pressure. more
Undergraduate students of Rhode Island’s colleges and universities will present their summer research at the ninth annual Rhode Island Summer Undergraduate Research Fellows conference on July 29. more
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