Updated December 5 at 8:05pm
Economic Activity
1520 results total, viewing 681 - 690
A turbulent start to the open of the London market propelled trading volume as much as 700 percent higher than normal, while at least one dark pool was suspended as investors around the globe digested U.K. voters’ decision to leave the European Union. more
Global markets buckled as Britain’s vote to leave the European Union drove the pound to the lowest in more than 30 years and wiped about $3 trillion from stock market values while sparking demand for haven assets from U.S. Treasuries to gold. more
Purchases of new homes declined in May from an eight-year high as the housing market continued to display the choppy progress that’s been a hallmark of the recovery. more
The Port of Davisville will receive a $625,000 federal grant to expand capacity for imports and exports including automobiles, cargo and offshore wind components. more
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
U.S. stocks rose, mirroring equities around the world and sending the S&P 500 Index toward the strongest gain in a month, as a U.K. referendum on its European Union membership got underway. more
Fewer Americans than forecast filed for unemployment benefits last week, adding to evidence that the labor market is healthy and stable. more
An ocean-view condominium at 23 Beach St. was sold for $1,050,000 in late May, Lila Delman Real Estate International announced recently. It was the highest price for a condominium in Narragansett in three years. more
Cash purchases of homes in the Providence-Warwick-Fall River metropolitan area continued to fall in March, reaching 23.6 percent of all sales, a 9.2 percentage point decrease from a year earlier. more
Pending Gov. Gina M. Raimondo’s signature, Rhode Island will establish a new advisory council to oversee local pension plans, which together are underfunded by more than $2 billion. more
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