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Economic Activity

Biden sees economy avoiding recession, but risks remain 

WASHINGTON (AP) – President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very...

Study: R.I. 10th-best state for millennials

PROVIDENCE – Rhode Island ranks as the 10th-best state for millennials, according to a recent study by scholaroo.  The online scholarship finder gathered data on...

ProJo parent begins latest round of layoffs

PROVIDENCE – Gannett Co., parent of The Providence Journal and other local newspapers, has begun a new round of companywide layoffs in its news...

U.S. hiring stayed strong in November as employers add 263K jobs

WASHINGTON (AP) – The nation's employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in...
FEELING THE SPIRIT: Providence Place mall reported an increase in visitors to the mall in the first weekend of the holiday shopping season, placing the rise at about 3% above a year earlier. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. shopping centers feeling merry about December despite economic challenges

Crowded stores and stronger-than-expected sales have analysts predicting that the rest of the holiday shopping season will be a banner one despite higher prices,...
THE PROVIDENCE CITY COUNCIL decided to table on Thursday a controversial extension to the city's tax exemption and lease agreements with ProvPort Inc. / PBN FILE PHOTO/MICHAEL SALERNO

Votes on ProvPort tax exemption, lease postponed amid public opposition

PROVIDENCE – Community pleas to delay a decision on extending the city’s tax exemption and lease agreements with its primary port operator were granted...

Senate moves to avert rail strike amid dire warnings

WASHINGTON (AP) – The Senate moved quickly Thursday to avert a rail strike that the Biden administration and business leaders warned would have had...

R.I. cannabis retailers confident as recreational sales officially begin

PROVIDENCE – Local dispensaries were confident Thursday that Rhode Island can now compete against neighboring states that had a head start in the industry...
UNIONIZED CUSTODIANS, groundskeepers and movers at the Rhode Island School of Design have authorized a strike, Teamsters Local 251 says.

Teamsters at RISD authorize strike over wages, health care, retirement package

PROVIDENCE – The unionized custodians, groundskeepers and movers at the Rhode Island School of Design have authorized a strike, Teamsters Local 251 announced on...

An inflation gauge tracked by the Fed slows to still-high 6%

WASHINGTON (AP) – A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October,...
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