Rhode Island’s seasonally adjusted unemployment rate was 5.6 percent in August, up one-tenth of one percentage point from July and down two-tenths of one percentage point from the year prior, reported the R.I. Department of Labor and Training on Thursday.
Attorney Joseph M. DiOrio, principal of the Law Office of Joseph M. DiOrio Inc., recently received a lawyer of the year award from Best Lawyers for the category of banking and finance law. DiOrio talked with Providence Business News about why he received the award, how he got into banking and finance law and what trends he’s seeing in Rhode Island.
U.S. stocks rebounded after the biggest rout since June wiped about $500 billion from the value of equities, the dollar fell and Treasuries erased losses as the Federal Reserve’s Lael Brainard remained dovish in her approach to tighter monetary policy. Emerging-market assets slumped.
By Lukanyo Mnyanda and Jeremy Herron