Economic Activity
1032 results total, viewing 931 - 940
Macy’s Inc., the second-largest U.S. department-store company, forecast profit for its next fiscal year ahead of analysts’ estimates and disclosed a program to cut costs that includes eliminating about 2,500 jobs. more
The foreclosure rate for residential mortgages in Rhode Island and Massachusetts declined in November, according to real estate data firm CoreLogic in a report issued Thursday. more
U.S. stocks climbed, paring this year’s loss for the Standard & Poor’s 500 Index, as Macy’s Inc. rallied and jobless claims fell before the start of corporate earnings season. more
The Providence-New Bedford-Fall River metro area ranked 148th on the 2013 Milken Institute Best-Performing Cities Index, which evaluated local job growth, wages and salaries growth, and high-tech industry performance in 200 metro areas nationwide to assess the overall economic performance of the nation’s cities last year. more
Companies added more workers than projected in December as U.S. employers grew more optimistic about the prospects for demand, a private report based on payrolls showed today. more
(Updated, 6:30 p.m.) One of the narrowest and most endangered buildings in downtown Providence has a new lease on life. The city announced Tuesday that it has transferred the vacant George C. Arnold Building on Washington Street to a private partnership working with the Providence Revolving Fund to rehabilitate it. more
The 2014 Working Waterfront Festival set for Sept. 27 and 28 has been awarded a $45,000 grant from the National Endowment for the Arts to help with production. more
Even as the non-seasonally adjusted unemployment rate for the Providence-Fall River-Warwick metro area stayed at 8.6 percent in November for the second consecutive month, the size of the labor force grew 0.8 percent to 691,500, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
Janet Yellen’s confirmation as chairman of the Federal Reserve with the least Senate support on record shows that the central bank still faces intense political scrutiny six years after the financial crisis. more
Rhode Island single-family home sales slowed in November, dropping 11 percent from the same period the previous year, the Rhode Island Association of Realtors said Tuesday. more
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