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WASHINGTON - Industrial production rose in August by the most in six months, indicating U.S. manufacturing will contribute more to the expansion. Output at factories, mines and utilities climbed … more
Gasoline prices dropped in Rhode Island and Massachusetts this week but remained higher than the national average, according to the weekly survey by AAA Southern New England. more
Most employers in the Providence-New Bedford-Fall River metro area do not anticipate any change in hiring in the fourth quarter of 2013, Forbes reported last week. more
U.S. stock-index futures and Treasuries rose, and the dollar fell, after Lawrence Summers withdrew from the race to be the next Federal Reserve chairman. more
Rhode Island turned in a healthy economic report in July, underscoring positive performance with a new level of consistency, according to University of Rhode Island economist Leonard Lardaro, who released his Current Conditions Index on Monday. more
Bank of America Corp.’s Merrill Lynch unit must face a lawsuit filed by two trusts that hold and administer mortgages on behalf of investors who own more than $1 billion worth of securities collateralized by the loans. more
Mass. Gov. Deval L. Patrick and Mass. Department of Transportation Secretary and CEO Richard A. Davey led assorted local officials through a ceremonial groundbreaking ceremony for the replacement of the so-called “spaghetti ramps” of Interstate 195 and Route 79 in Fall River Friday. more
Hasbro Inc. today announced new environmental sustainability goals, which include minimizing waste, improving energy efficiency, reducing greenhouse gas emissions and conserving water. more
United Natural Foods Inc. reported net income for its 2013 fiscal year of $107.9 million, or $2.18 per diluted share, an increase of 18.1 percent over its previous fiscal year, on net sales of $6.1 billion, an increase of 15.8 percent on the previous year. more
Mall owners, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth. more
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