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I-195 Commission sets schedule for development plan pitches
Two groups interested in building on the former Interstate-195 land will pitch their ideas to the I-195 Redevelopment District Commission this month. more
Jobless claims in U.S. unexpectedly increased last week
More Americans than forecast filed applications for unemployment benefits last week, a sign improvement in the labor market remains uneven. more
Amgen reaches deal to use Bind’s technology to seek cancer drugs
Amgen Inc., one of the world’s biggest biotechnology companies, will spend as much as $180.5 million for the right to develop cancer drugs using nanotechnology from closely held Bind Biosciences. more
Taxes set to rise for U.S. workers as budget deal elusive
With taxes set to increase for almost every U.S. worker at midnight, Congress hasn’t reached a budget deal that Democrats and Republicans say is necessary to prevent a blow to the U.S. economy. more
Short holiday work week sees jobless claims fall in U.S.
Fewer Americans than forecast filed claims for unemployment insurance last week as state offices rushed to tally the data in a holiday-shortened period. more
U.S. holiday sales rise 0.7% as Washington hurts confidence
U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said. more
Demand for U.S. goods climbed more than forecast in November
Demand for goods such as machinery and electronics climbed more than forecast in November, showing U.S. companies are planning to expand next year as they look beyond the tax increases and spending cuts slated to take effect. more
Gasoline at U.S. pumps drops to lowest in a year on supplies
Retail gasoline prices in the U.S. fell to the lowest level in a year as refineries restored production and stockpiles rose to the most in eight months, blunting criticism of President Barack Obama’s energy policies. more
Consumer prices in U.S. fell more than forecast in November
The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check. more
Foreclosure starts fall 13% in Providence metro area
Lenders initiated 13 percent fewer foreclosures in the Providence-Fall River-New Bedford area in November then they did during the same period in 2011, ReatyTrac said Thursday. more
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