Susan A. Baird
New jobless claims hit 7-year high
WASHINGTON – The number of U.S. workers filing first-time jobless claims rose 0.2 percent last week to a seven-year high, according to the...
Nurses at Fatima OK 3-year contract
NORTH PROVIDENCE – Union nurses at Our Lady of Fatima Hospital today voted “overwhelmingly” to approve the tentative agreement reached last Friday, hospital and...
Home-loan applications fell 23% last week
WASHINGTON – Residential mortgage applications nationwide plunged last week as capital became more scarce and consumers more wary, the Mortgage Bankers Association said today...
Senate to vote tonight on $700B rescue plan
WASHINGTON – The U.S. Senate has slated a vote tonight on a revised $700 billion financial-rescue plan, which it has linked to an extension...
Manufacturing takes a hit in September
TEMPE, Ariz. – The U.S. manufacturing sector shrank sharply in September, registering its steepest one-month decline since the nation’s last recession, the Institute for...
Joblessness rises in 95.9% of metro areas,<br> including Providence and New...
WASHINGTON – The unemployment rate in the Providence-Fall River-Warwick metropolitan area continued to rise in August, as the work force expanded while local payrolls...
U.S. private payrolls dip 8,000 in September
ROSELAND, N.J. – Payrolls at U.S. companies shrank by 8,000 jobs last month, after losing a larger-than-previously-thought 37,000 jobs in August, ADP Employment Services...
Sovereign shares bounce back<br> as bank names new CEO
PHILADELPHIA – Sovereign Bancorp Inc. (NYSE: SOV) today announced that Paul A. Perrault will take over as president and CEO effective Jan. 3. He...
Board hikes fees at R.I.’s state colleges
CRANSTON – In a move that is “virtually unprecedented,” the R.I. Board of Governors for Higher Education last night voted to raise fees at...
U.S. House defeats $700B bailout bill
WASHINGTON – The $700 billion bailout compromise announced yesterday by U.S. Treasury Secretary Henry M. Paulson Jr. was rejected this afternoon by the U.S....
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