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Sunday, December 16, 2018

Economic Activity

UNITED STATES PRIVATE PAYROLLS increased by 179,000 in November, according to the ADP Research Institute. / BLOOMBERG NEWS FILE PHOTO/GABBY JONES

Companies added U.S. workers at slower pace last month, ADP says

NEW YORK - Companies added fewer workers than forecast to United States payrolls in November, though the pace of gains remained relatively healthy.Private payrolls...
THE U.S. TRADE GAP increased 1.7 percent to $55.5 billion in October, the highest in a decade. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. trade gap widens to 10-year high amid China tensions

NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
THE FEDERAL RESERVE Beige Book reported that a moderate economic expansion continued in New England, much like the rest of the nation. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed says growth still modest or moderate while optimism ebbs

NEW YORK - Optimism over prospects for growth at U.S. firms has begun to fade even as a majority of Federal Reserve districts continued to...
The Providence apartment market has reached an all-time high for occupancy./ / COURTESY SCOTT KINGSLEY/JUST ASK

Providence reaches all-time high for rental occupancy

PROVIDENCE – Having trouble finding an apartment? No wonder.Providence reached an all-time high in apartment occupancy in the third quarter this year, according to...
MARKETS DECLINED TUESDAY as angst mounted that the U.S. and China made no meaningful progress on the trade front over the weekend. / BLOOMBERG NEWS FILE PHOTO/TIM BOYLE

U.S. stocks battered by trade, yield concerns

NEW YORK - United States stocks plunged, with the Dow Jones Industrial Average tumbling more than 800 points, as a litany of concerns wiped out...
THE RHODE ISLAND home price index increased 5.6 percent year over year in October, 0.2 percentage points higher than the national average. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE

R.I. HPI increases 5.6% in Oct.

PROVIDENCE – The Rhode Island home price index increased 5.6 percent year over year in October, tied for the second highest HPI growth rate...
STOCKS RALLIED MONDAY after the United States and China declared a truce in their trade war, while the dollar weakened and oil gained. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Stocks rally on trade optimism; Curve flattens

NEW YORK - Stocks rallied after the United States and China declared a truce in their trade war, while the dollar weakened and oil...
THE AVERAGE PRICE of regular gas in Rhode Island and Massachusetts declined 5 cents this week. / BLOOMBERG FILE PHOTO/PAUL THOMAS

R.I., Mass. gas prices drop 5 cents this week

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island declined 5 cents this week to $2.59 per gallon, 14 cents...
THE TRUMP ADMINISTRATION said that China has agreed to remove tariffs on imported automobiles. / BLOOMBERG NEWS FILE PHOTO/ OILAI SHEN

Mnuchin says China agrees to lower auto tariffs; Beijing silent

NEW YORK - U.S. Treasury Secretary Steven Mnuchin said China has agreed to remove tariffs on imported automobiles but declined to detail the specifics of...
THREE RHODE ISLAND companies were named to the Wall Street Journal's Management Top 250 list this year. Hasbro was the highest of the three at No. 77. / COURTESY HASBRO INC.

3 R.I. companies make WSJ’s Management 250 list

PROVIDENCE – Three Rhode Island headquartered companies were named to the Wall Street Journal and the Drucker Institute’s 2018 Management Top 250 list released Friday.Hasbro...
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