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U.S. stocks rose, sending the Standard & Poor’s 500 Index toward the highest level since May, after data showed payrolls climbed more than forecast even as the jobless rate unexpectedly rose to a five-month high.
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By Rita Nazareth |
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Farming’s inherent risk, forgotten during years of booming incomes that pushed farmland values to records, may damp enthusiasm for investing even as government subsidies buoy U.S. cropland returns, analysts and farmers say.
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By Alan Bjerga |
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Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July.
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By PBN Staff
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The number of Americans filing applications for unemployment benefits rose less than forecast last week as annual auto shutdowns continued to influence the number.
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By Shobhana Chandra |
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Manufacturing in the U.S. probably stagnated in July after contracting for the first time in three years, economists said before a report today.
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By Lorraine Woellert
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(Updated, 11:15 a.m.) Revised data from the R.I. Department of Labor and Training showed 7,000 more jobs than originally estimated during the Ocean State’s first quarter.
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By PBN Staff
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The foreclosure rate in Rhode Island dropped 0.5 percentage points in June compared to the same period in 2011, CoreLogic said Tuesday.
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By Katie Dougherty |
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Compensation costs for civilian workers in New England rose 0.4 percent, seasonally adjusted for the 3 months ended June 30, the U.S. Bureau of Labor Statistic reported Tuesday.
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By PBN Staff
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Hotels in Providence reached an 81.4 percent occupancy rate in June, their best rate since October 2004, according to an analysis recently released by Smith Travel Research.
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By Rebecca Keister |
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Oil declined in New York for the first time in five days as European economic confidence worsened, fanning concern that fuel consumption may slow.
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By Grant Smith |