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Thursday, October 18, 2018
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Metacomet Country Club in East Providence listed for sale

EAST PROVIDENCE – Metacomet Country Club is on the market, listed for $3.5 million, according to a Tampa-based brokerage which specializes in golf resorts,...
THE INSTITUTE ON TAXATION AND ECONOMIC POLICY said that Rhode Island having the No. 32 least equitable income-to-tax ratios state in the U.S. in a new report. / COURTESY INSTITUTE ON TAXATION AND ECONOMIC POLICY

Study finds the wealthy pay a lesser share of their income...

PROVIDENCE – The greater your income in Rhode Island, the less of it you pay in state and local taxes, a new study finds.The...
TEXTRON REPORTED A $563 million profit in the third quarter, largely due to the $410 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron Q3 profit jumps on product line sale, revenue declines

PROVIDENCE – Textron Inc. reported a $563 million net income for the third quarter, or $2.26 per diluted share, a 254 percent increase from...
IN ITS FIFTH CONSECUTIVE MONTH OF DECLINE, the Rhode Island seasonally adjusted unemployment rate fell 0.1 percentage points to 3.9 percent in September per the R.I. Dept. of Labor and Training. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

Slow, steady decline in unemployment stretches into September

PROVIDENCE – Continuing its slow and steady decline, the Rhode Island seasonally adjusted unemployment rate fell 0.1 percentage points to 3.9 percent in September,...
UNITES STATES jobless claims decreased by 5,000 to 210,000 last week. / BLOOMBERG NEWS FILE PHOTO/ LUKE SHARRETT

Jobless claims fell last week amid strong U.S. labor market

NEW YORK - United States filings for unemployment benefits fell last week and continuing claims dropped to the lowest level since 1973, indicating the job...
STUDENT LOANS are being issued at unprecedented rates as more American students pursue higher education. Meanwhile, the cost of tuition at both private and public institutions is touching all-time highs and interest rates on student loans are rising. / BLOOMBERG NEWS FILE PHOTO/MICHAEL OKONIEWSKI

America’s student loan debt crisis is about to get much worse

NEW YORK - While Wall Street and U.S. President Donald Trump tout news of a booming stock market and low unemployment, college students may be quick...
UNITED STATES stocks gained the most in more than six months. The S&P 500 Index rose 2.2 percent to 2,809.83 as of 4 p.m. and the Dow Jones Industrial Average rose 1.9 percent. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. stocks rally most since March as tech surges

NEW YORK - United States stocks gained the most in more than six months as corporate earnings provided a respite from tensions over trade and...
THE NUMBER of  positions waiting to be filled in the United States increased by 59,000 to 7.14 million in August. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. job openings rise for third straight month to fresh record

NEW YORK - United States job openings rose in August to a fresh record and the share of workers quitting their jobs held at the...
GAS PRICES in Rhode Island and Massachusetts remained unchanged at an average price of $2.84 per gallon this week. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

R.I., Mass. gas prices remain unchanged at $2.84 per gallon

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island remained unchanged this week at $2.84 per gallon, 5 cents below...
UNITED STATES retail sales rose 0.1 percent in September. / BLOOMBERG NEWS /MICHAEL NAGLE

U.S. retail sales miss forecasts as restaurant receipts drop

NEW YORK - United States retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts...
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