Economic Activity

Housing might rescue economy from trade war

Recently released manufacturing data made two things clear: The Federal Reserve might be powerless to prevent the negative effects of the trade war from...

R.I. mortgage delinquency declines in July

PROVIDENCE – The percentage of Rhode Island mortgages delinquent 30 days or more was 4.3% in July, a 0.2 percentage point decline year over...

Audit: Lottery transfer to R.I. general fund increases 8.9% in FY19

PROVIDENCE – The R.I. Lottery had an operating revenue of $1.1 billion in fiscal year 2019, a 21.5% increase year over year, according to...
RHODE ISLAND cash collections in August increased 2.3% year over year to $278.4 million.

R.I. Aug. cash collections increase 3.2%

PROVIDENCE – Rhode Island cash collections in August totaled $278.4 million, a 3.2% increase year over year, according to the R.I. Department of Revenue...
THE BASE of the Hope Point tower, as shown in a rendering that faces Dyer Street from the new city park./COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION.

Fane Organization gets a final deadline from I-195 Redevelopment District Commission

PROVIDENCE – The developer of the proposed Hope Point Tower has been told by the I-195 Redevelopment District Commission chairman that the latest deadline...
THE NORTHEAST CONSUMER price index increased 1.4% year over year in September, not seasonally adjusted. / BLOOMBERG NEWS FILE PHOTO/AKASHA RABUT

Northeast CPI increases 1.4% in Sept.

PROVIDENCE – The consumer price index in the Northeast region increased 1.4% year over year in September, not seasonally adjusted, slower than the 1.7%...
U.S. JOBLESS CLAIMS declined by 10,000 to 210,000 last week. / BLOOMBERG NEWS FILE PHOTO/JEFF KOWALSKY

U.S. jobless claims unexpectedly decline to a three-week low

WASHINGTON – Applications for unemployment benefits in the United States unexpectedly declined to a three-week low despite a strike by General Motors Co. workers...
FIDELITY INVESTMENTS will charge no commissions for online buying and selling of United States stocks, exchange-traded funds and options. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

Fidelity joins price war with zero commissions on online trades

BOSTON – Fidelity Investments is crashing the free-trading party, challenging rivals in a gambit to lure assets by ending commissions.The firm will offer not...
NOTES FROM the Federal Open Market Committee meeting show that Reserve officials began debating how far their current interest-rate cutting campaign should extend. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed minutes show debate emerges on when to halt policy easing

WASHINGTON – Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend even as they agreed to lower rates in...
THE MASSBENCHMARKS editorial board said that while the Massachusetts economy remained solid, growth has shown signs of slowing.

MassBenchmarks: Mass. economy solid but shows signs of slowing

PROVIDENCE – The Massachusetts economy continued to show solid performance, but signs of a slowdown were present in the recent months, according to commentary...
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