Updated August 29 at 12:30am
Economic Activity
1496 results total, viewing 881 - 890
Tiffany & Co. cut its full-year profit forecast after reporting a drop in holiday sales, dragged down by sluggish tourist spending and a strong dollar. more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
(Updated 10:18 a.m. and 2:05 p.m.) A six-month research effort on Rhode Island’s economy delved into the Ocean State’s past as an industrial leader, its struggles during the Great Recession and its need to innovate to move forward again. more
The Newport County Chamber of Commerce is offering an informational seminar to expand Israeli business investment and economic development opportunities in Newport County and East Bay. more
When it comes to the most millionaires per capita, the Ocean State ranks 19th among the states and Washington, D.C., according to the Phoenix Global Wealth Monitor U.S. Sizing Report. more
With crude oil prices at levels not seen since 2003, gasoline prices in the region continued to drop. The average price of self-serve, unleaded regular gas in Rhode Island hit $1.94 per gallon this week, 5 cents less than the price a week ago, said AAA Northeast. more
The Odeum Corp. this month received $620,000 in grant support, which will go toward long-awaited improvements to the venue’s historic façade. more
The rout that swept through asset classes, taking oil below $30 a barrel and European and Asian stocks into bear markets, is pushing up gauges of investor stress around the world. more
European shares fell for a third day, led by losses in banks as investors shrugged off gains for energy companies and makers of household goods. The yen weakened as China stepped up efforts to curb foreign speculation against its currency, and crude oil fell after touching a 12-year low. more
(Updated 1:24 p.m.) Stocks tumbled around the world, with U.S. equities headed for their lowest levels in 15 months, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering. more
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