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Friday, September 25, 2020

Economic Activity

INCREASING INTEREST: Ted Shallcross, Amica Life Insurance Co. senior vice president and general manager, says the number of applications for life insurance has surged during the ­COVID-19 pandemic. / PBN PHOTO/MICHAEL SALERNO

Interest in life insurance boosted by pandemic

As the coronavirus pandemic continues to cast a dreary cloud on daily life, Americans are thinking more about their own mortality, according to life...

A strength test for gym contracts

The COVID-19 pandemic is fraying relations between fitness clubs, many of which are suffering financially, and some members who are enduring struggles of their...
RAW SHORTAGE? A worker at Outdoor Research in Seattle handles filter material for face masks the company produces. A key challenge for N95 mask manufacturers racing to meet spiking demand is scarcity of meltblown textile. / OUTDOOR RESEARCH VIA AP/GERARDO VILLALOBOS

Scarcity of raw material squeezes N95 mask makers

FRESNO, Calif. – White House officials say U.S. hospitals have all the medical supplies needed to battle the deadly virus, but front-line workers, hospital...

New agreement gives exclusive rights to Pawtucket soccer stadium developer, with...

PAWTUCKET – The state and city have signed an agreement giving Fortuitous Partners exclusive rights to develop a $400 million soccer stadium project along...
RHODE ISLAND had the second highest poverty rate in New England in 2019. / COURTESY ECONOMIC PROGRESS INSTITUTE

Report: R.I. had No. 2 highest rate of poverty in N.E....

PROVIDENCE – Rhode Island had the No.18 lowest poverty rate in the United States in 2019 but the second highest rate in New England...
RHODE ISLAND unemployment rate increased to 12.8% in August. / AP FILE PHOTO/ STEVEN SENNE

Rhode Island-based jobs tick up in August but unemployment rises to...

PROVIDENCE – Rhode Island's unemployment rate swelled 1.5 percentage points from July to August to 12.8%, more than three times higher than the rate...

COVID-19 danger continues to drive joblessness in U.S.

WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage...

Economic Progress Institute predicts move away from employer-based health insurance

PROVIDENCE – Rhode Island ranked third in the nation in the lowest rate of residents that are not covered by health insurance in 2019,...

Federal Reserve sees rates near zero at least through 2023

WASHINGTON (AP) – The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to...

New state partnership with Jobcase to connect job seekers with employment,...

PROVIDENCE - The state will partner with a national technology company to create a Rhode Island-specific online forum aimed at connecting residents with jobs...

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