Economy

Wu, Paulson face uphill battle in U.S.-China talks

Economic Activity 05/23/2007

WASHINGTON – As U.S. Treasury Secretary Henry M. Paulson Jr. and Chinese Vice Premier Wu Yi this week ponder ways of easing tension between...

Lacker: Fed shouldn’t rely on labor market<br> to control inflation

Education 05/23/2007

NEW YORK – Relying on a slowing economy to stem price increases would be a mistake, Jeffrey Lacker, president of the Federal Reserve Bank...

HOUSES are remaining on the market longer, which is causing problems for some owners, The Warren Group says. Above, two homes for sale in Newton, Mass. /

Mass. single-family home prices fall 4.7% in April

Economic Activity 05/23/2007

BOSTON – The median price of single-family homes in Massachusetts dipped in April for the 12th consecutive month, according to The Warren Group, while...

AT LOWE'S in Natick, Mass., store manager Brian Rebello, right, yesterday explains termite products to customer Joe O'Brien. The chain has lowered its annual earnings forecast, citing the real estate slump that continues to pare home-improvement sales. /

ICSC: U.S. retail sales fall 1.5% last week

Economic Activity 05/22/2007

NEW YORK – Sales at U.S. retail stores open at least one year fell 1.5 percent over the past week, after rising 0.8 percent...

PBN’s Myers joins 5 others<br> in receiving Metcalf Award

Economic Activity 05/22/2007

Providence Business News Staff Writer Natalie Myers was given one of seven Michael Metcalf Awards for Diversity in the Media by Rhode Island for...

R.I. EDC and RIMES announce new alliance

Capital Goods 05/22/2007

PROVIDENCE – The R.I. Economic Development Corporation and Rhode Island Manufacturing Extension Service today announced that, as part of “a new alliance aimed at...

Change of venue for May 24 IT workshop

Business Services 05/22/2007

PROVIDENCE – The IT disaster planning workshop slated for this Thursday, from 9:30 a.m. to 4:30 p.m., has been moved to the Providence Biltmore,...

Study: Farmers’ markets may improve eating habits

Economic Activity 05/22/2007

KINGSTON – Farmers’ markets may help to encourage health eating habits, according to a study released yesterday by the Food Stamp Nutrition Education Program...

W.T. GRANT, constructed in 1934, is at 150 Main St., in the roughly 14-acre section of downtown Pawtucket that has been named to the National Register of Historic Places. /

Downtown Pawtucket is named <br> to National Register of Historic Places

Economic Activity 05/21/2007

Downtown Pawtucket has been named to the National Register of Historic Places, the R.I. Historical Preservation & Heritage Commission announced today. “The architectural and civic...