Updated May 26 at 11:57am
Economic Activity
1357 results total, viewing 981 - 990
Northeasterners take the fewest number of days for leisure trips and report traveling most often for entertainment such as concerts and sporting events, according to a study released by Enterprise Rent-A-Car. more
Abigail Johnson has climbed the ranks of Fidelity Investments, the company started by her grandfather in 1946, over more than 25 years, starting as a stock analyst and working her way through almost every major division. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
Luxottica Group SpA said founder Leonardo Del Vecchio will become interim chief executive officer after the Italian maker of Ray-Ban glasses lost its second leader in little more than a month. more
Economic momentum shifted into a higher gear in Rhode Island in August, a possible turning point in the state’s recovery, University of Rhode Island economist Leonard Lardaro said Monday. more
Call it another false alarm in the China-overtaking-the-U.S. saga. Notwithstanding the latest estimates from the International Monetary Fund, the U.S., the world’s largest economy is still, well, numero uno. more
Natural gas for January in the U.S. Northeast is the most expensive in more than a decade on concern that pipelines may not be able to ship enough fuel, risking a repeat of last winter’s record prices, Bloomberg News reported last week. more
The fall New England Economic Partnership outlook for Rhode Island (digested in Op-Ed form on the facing page) is similar in many ways to previous iterations. The forecast growth rates for the Ocean State lag New England and U.S. expectations. Yes, we are getting better. We just aren’t very good. more
First, the good news. Rhode Island’s economic outlook improved over the last year. The unemployment rate has dropped from a peak of 11.9 percent in March 2010 to 9.7 percent in December 2012 to 7.7 percent in August 2014. Between December 2012 and July 2014, the state added 9,700 jobs. more
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