Hasbro posts record $230.1M profit for 2006
PAWTUCKET – Hasbro Inc. today posted record annual profits of $230.1 million, up 8.5 percent from $212.1 million in 2005.
The company credited strong...
Growth may demand rate hike, Fed’s Plosser says
PHILADELPHIA – Federal Reserve Bank of Philadelphia President Charles Plosser said the central bank may need to raise its benchmark interest rate, Bloomberg News...
Subprime lenders’ stocks plunge as losses widen
Shares of U.S. mortgage lenders plunged today after New Century Financial Corp. and HSBC Holdings Plc said losses from bad loans are mounting faster...
U.S. wholesale inventories shrink in Dec., sales rise
WASHINGTON – U.S. wholesalers' inventories dipped 0.5 percent in December, to $393.8 billion, the lowest level since August, after rising a revised 1.1 percent...
U.S. retail sales rise faster than expected in Jan.
U.S. retail sales rose faster than expected last month, as holiday gift cards were redeemed and cold weather fueled purchases of winter clothing, according...
The cost of labor in N.E. rises 3.3% in 2006
The Employment Cost Index for private-industry workers – including wages, salaries and employers’ costs for benefits – last year rose 3.3 percent in the...
Weekapaug Inn is named to National Register
WESTERLY – The Weekapaug Inn, at 25 Spray Rock Road, today announced it has been added to the official National Register of Historic Places....
Consumer credit rises 3% in December
WASHINGTON – Consumer credit rose in December as consumers took out more non-mortgage loans, but the rate of borrowing slowed, according to today’s statistical...
U.S. productivity rises 3% in 4Q
U.S. productivity rose faster in the fourth quarter as labor costs slowed, the U.S. Department of Labor’s Bureau of Labor Statistics today reported.
Productivity rose...
4Q sees gains in business, factory productivity
WASHINGTON – Productivity gains for the fourth quarter and for all of 2006 were reported today by the U.S. Department of Labor’s Bureau of...
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