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Economic Indicators
May 21
By Sofia Horta e Costa and Inyoung Hwang |
U.S. stock futures little changed as investors weigh stimulusU.S. stock futures were little changed, after the Standard & Poor’s 500 Index slipped from its all-time high yesterday, as investors weighed the possibility that the Federal Reserve will scale back its stimulus program. |
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Economic Indicators
May 20
By John Detrixhe |
U.S. faces downgrade in 2013 without budget deal, Moody’s warnsU.S. policymakers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest budget projections are “credit positive,” according to Moody’s Investors Service. |
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Economic Indicators
May 20
By PBN Staff
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Providence named 2nd most expensive city by NerdWalletPersonal finance website NerdWallet.com said Rhode Island’s capital city was the second most expensive in the United States, according to its “Quarter Pounder Index,” a basic cost-of-living guide that uses the price of a McDonald’s quarter pounder with cheese to gauge the cost-of-living differences between U.S. cities. |
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Economic Indicators
May 20
By PBN Staff
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Report: R.I. economic growth ‘rebounds’ in 1QThe Rhode Island Current Economic Indicator Index, released by the R.I. Public Expenditure Council and Bryant University’s Center for Global and Regional Economic Studies on Monday, reported that Rhode Island economic growth expanded at a more robust rate than estimated during the first quarter of 2013. |
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Economic Activity
May 20
By Namitha Jagadeesh and Inyoung Hwang |
U.S. stocks are little changed after 4-week rally amid dealsU.S. stocks were little changed, after the Standard & Poor’s 500 Index climbed for four straight weeks to an all-time high, as investors weighed corporate acquisitions. |
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This Week's Poll
May 19
By PBN Staff
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Are you seeing an uptick in your company’s business this year?With the equity markets hitting record levels on a regular basis, corporate America is doing just fine, even as unemployment and wage stagnation hit the working class. Is your company sharing in the recovery seen on Wall Street? |
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Construction
May 17
By Lindsay Lorenz |
R.I. sees 3rd-highest construction job contraction in AprilDuring the past year, construction employment in Rhode Island fell nearly 9 percent, or 1,400 jobs, according to the Associated General Contractors of America. |