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While New England’s unemployment rate as a whole remained relatively stable in 2013, Rhode Island’s rate was the highest in the region and among the highest nationally, according to U.S. Bureau of Labor Statistics data released on Friday. more
With a dozen words, President Barack Obama offered a campaign argument that he’s counting on to turn his health-care law from a liability into a winner for the November elections. more
Whenever Providence Business News starts a new program, there is a great deal of enthusiasm, optimism and just all-around warm, fuzzy feelings. This year’s Manufacturing Awards are no exception. more
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign the labor market continues to gain traction. more
U.S. stocks fell, after the biggest drop for the Nasdaq 100 Index in two years, as technology and consumer companies extended last week’s slide before the start of corporate earnings season. more
U.S. House Republicans are showing no sign that they’ll move forward legislation the Senate passed restoring benefits for the long-term unemployed. more
Prices paid to American factories and service producers rose in April by the most in more than a year, indicating a diminishing risk of deflation as demand improves. more
Royal Bank of Scotland Group PLC, Britain’s largest taxpayer owned bank, has given “unacceptable” returns to shareholders, CEO Ross McEwan said. more
Banks stand to lose as much as $4.5 billion in annual revenue as regulations aimed at improving financial stability alter how interest-rate swaps are bought and sold, according to a report from McKinsey & Co. more
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for a weekly drop, as DuPont Co. slid after cutting its earnings forecast while utilities and consumer shares led gains. more
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