Tuesday, September 28, 2021

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Economy

U.S. retail sales weak in February

U.S. retailers last month had their weakest sales growth in 11 months as cold weather put a brake on demand for warm-weather goods, according...

R.I. home sales rise 12.8% in January

BOSTON – Rhode Island single-family home sales rose in January to 12.8 percent above the year-ago level, according to The Warren Group, which tracks...
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R.I. state government among<br> WELCOA’s 2006 ‘Well Workplaces’

PROVIDENCE – The state government has been honored by the Wellness Councils of America (WELCOA) as a Well Workplace, for its “Get Fit, Rhode...

New Bedford factory’s managers face<br> conspiracy, illegal hiring charges

NEW BEDFORD – The owner and three managers of Michael Bianco Inc. face conspiracy and illegal hiring charges after an investigation led by Immigration...

CVS/pharmacy VP to oversee marketing, operations

WOONSOCKET – CVS/pharmacy has announced the promotion of Helena B. Foulkes to senior vice president of marketing and operations. She most recently was senior...
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FM Global annual profit grows 16% to $737M

JOHNSTON – Commercial property insurer FM Global posted 2006 net income of $737 million, a 16-percent increase over the previous year’s $635 million. The policyholder...

Environmentalists, utility at odds over PUC rules

Three environmental groups – the Conservation Law Foundation, the Union of Concerned Scientists and Environment Rhode Island – yesterday blasted “National Grid’s attempt...

Bankers report surge in mortgage applications

Mortgage applications last week surged to the highest level in nearly three months as interest rates fell, the Mortgage Bankers Association said in a...
PAYROLL GROWTH since 2001 at large companies is shown in green, mid-sized companies in pink and small companies in dark blue; the gray bar at the beginning of the graph indicates the recession of 2001.  /

ADP report: U.S. adds 57,000 jobs in February

U.S. employers added 57,000 jobs last month – the smallest gain since July 2003, and less than half January’s increase of 121,000 jobs...

Paulson predicts ‘solid growth, low inflation’

SEOUL, South Korea – U.S. Treasury Secretary Henry Paulson today played down concerns about the global sell-off that wiped out $3.3 trillion in equity...

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