56.1 F
Rhode Island
Sunday, November 18, 2018

Economic Activity

RHODE ISLAND'S credit quality ranked No. 28 in the nation in Conning's State of the States Spring 2018 report. / COURTESY CONNING INC.

R.I. lands in middle of pack in Conning’s ‘State of States...

PROVIDENCE – Rhode Island ranked No. 28 in the nation in Conning Inc.’s “State of the States Spring 2018” report released this week, measuring...
NEW MEDIA INVESTMENT GROUP, owner of the Providence Journal, among several other local publications, announced a $6.1 million loss for the third quarter. / PBN FILE PHOTO/BRIAN MCDONALD

ProJo parent company reports $6.1M loss in Q3

PROVIDENCE – New Media Investment Group Inc. experienced a net loss of $6.1 million in the third quarter, or 10 cents per diluted share....
CONSTRUCTION EMPLOYMENT in the Providence metro increased 4 percent year over year to 25,700 jobs in September. / PBN FILE PHOTO/ MICHAEL SALERNO

Providence metro construction employment grows 4% in Sept.

PROVIDENCE – The Providence-Warwick-Fall River metropolitan area’s construction employment increased 1,100 workers, or 4 percent, year over year in September. The growth rate ranked...
GOV. GINA M. RAIMONDO, center, speaks at the ribbon cutting for Sixty King./COURTESY CITIZENS BANK.

Sixty King, the former Imperial Knife building, reopens as affordable housing...

PROVIDENCE – A former textile mill, later converted to a factory for hand knives, has been converted for a more immediate need: affordable housing.The...
UNITED STATES consumer confidence rose in October to an 18-year high. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. consumer confidence hits 18-year high on jobs, income views

NEW YORK - United States consumer confidence rose in October to an 18-year high amid optimism about jobs and the economy, according to figures Tuesday...
GENERAL ELECTRIC CO. reported a $22.9 billion net loss for the third quarter. The company said this was largely due to a $22 billion non-cash goodwill impairment related to GE Power. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

GE posts major loss, slashes dividend, revamps power as new CEO...

NEW YORK - General Electric Co. slashed its quarterly dividend to just a penny a share and outlined a reorganization of its troubled power...

U.S. stocks fall, tech sinks on fresh trade angst

NEW YORK - United States stocks fell, with the S&P 500 flirting with a correction as technology shares tumbled after a report the Trump administration...
THE U.S. TREASURY Department said government borrowing this year will more than double from 2017 to $1.34 trillion in 2018. / BLOOMBERG NEWS

Treasury sees 2018 borrowing needs surging to $1.34T

NEW YORK - The U.S. Treasury Department said government borrowing this year will more than double from 2017 to $1.34 trillion as the Trump administration...
AMERICANS SAVED just 6.2 percent of their disposable income in September, matching the lowest level since 2013. / BLOOMBERG NEWS

Americans save less to sustain spending as income gains cool

NEW YORK - Americans kept on spending in September as income gains cooled, pushing down the savings rate to the lowest this year. Inflation matched...
BOTH HASBRO AND MATTEL warned investors in earnings calls this week that there are still more quarters of pain ahead after losing Toys R Us as a customer. / BLOOMBERG NEWS FILE PHOTO/JASON ALDEN

Not all fun and games for toymakers as Toys R Us...

NEW YORK - Major toymakers are still reeling from the loss of Toys R Us, even as retailers from Best Buy Co. to Party...
- Featured Event -

Latest News

A summit on the topics of diversity and inclusion will be held at the start of the awards program. Attendees will learn from experts during a discussion of best practices. For details, including the list of winners, panelists and ticket information, click below.

Wednesday December 5, 2018

Crowne Plaza, Warwick
8am–11am