Updated February 9 at 9:09pm
Economic Indicators
797 results total, viewing 31 - 40
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank. more
(Updated 1:10 p.m.) The state awarded $4.2 million Monday through 47 capital grants for 45 arts, culture, heritage and public historic sites across the state. more
Employment snapped back with a vengeance in October, wage growth accelerated and the jobless rate fell to 5 percent, boosting the odds that Federal Reserve policymakers will raise borrowing costs next month. more
(Updated 3:16 p.m.) Single-family home sales in Rhode Island jumped 25.1 percent in November compared with November 2014, marking the seventh consecutive month of double-digit sales growth, according to The Warren Group, publisher of Banker & Tradesman. more
A giant housing-debt hangover has been one of the main culprits behind the U.S. economy’s lackluster recovery from the 2008 recession. In one encouraging sign, new data from the Federal Reserve suggest that American homeowners might finally be getting out from under it. more
Rhode Island was among 42 states that had statistically significant jobless-rate decreases in February year over year, falling to 6.3 percent from 8.4 percent. more
Gasoline prices in Rhode Island and Massachusetts continue to fall, AAA Northeast said Monday. more
(Updated 4:10 p.m.) Rhode Island’s seasonally adjusted unemployment rate dropped again to 6.3 percent in February, its lowest level in eight years, the R.I. Department of Labor and Training reported Thursday. 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
Macy’s Inc. will fire or relocate about 3,000 workers and explore options for its real estate after the largest U.S. department-store company suffered a worse holiday period than it expected. more
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