Updated August 29 at 7:42am
Economic Activity
1285 results total, viewing 1 - 10
Consumer purchases climbed in July as incomes grew, showing the biggest part of the U.S. economy was off to a good start to the quarter. more
A relief rally swept around the globe, with the Standard & Poor’s 500 Index capping its biggest two-day gain since 2009 and Chinese shares snapping a five-day losing streak. Oil jumped the most in over six years as the U.S. economy grew more than forecast in the second quarter. more
The foreclosure rate for outstanding mortgage loans fell 0.4 and 0.16 percentage points in June from a year earlier in Rhode Island and the Providence-Warwick metro area, respectively, according to CoreLogic. But for both areas, the June rate represented an increase from May figures. more
U.S. stocks rose, following their biggest gains since 2011, amid a rebound throughout global markets and as data showed the economy grew more than previously estimated. more
A relief rally is spreading around the globe, with Chinese shares snapping a five-day losing streak. The dollar strengthened and stocks extended gains after the U.S. economy grew more than forecast in the second quarter. more
U.S. stocks rallied the most since 2011, halting a six-day rout, as investors found some relief after the worst global equity rout in almost four years. Treasuries fell and the dollar rose. more
October is a long shot, but Wall Street isn’t ruling it out. more
Orders for capital goods increased in July by the most in more than a year, showing corporate spending was finding its footing prior to the turmoil in financial markets. more
A rebound that took the Dow Jones Industrial Average up more than 440 points disappeared as traders said trepidation over what will happen in China’s market made holding on to stocks too risky for most investors. more
Providence may be one of the worst housing markets in the country, but it’s also one of the best communities in Rhode Island to sell a home, according to separate studies. more
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