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IMF: U.S. economy will grow only 2% this year

WASHINGTON – The International Monetary Fund today cut its forecast for U.S. economic growth in 2007 to 2.2 percent, from its September estimate of...
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Poll: 60% of Americans say recession is near

Sixty percent of Americans expect a recession within the next year, and 57 percent disapprove of President George W. Bush’s handling of the economy,...
200 EMPLOYEES of Ocean State companies and organizations that have been named Well Workplaces marched from the downtown to the State House for the ceremony. /

R.I. designated nation’s first ‘Well State’

PROVIDENCE – Rhode Island yesterday was designated the nation’s first “Well State” by the Wellness Councils of America. The Worksite Wellness Council of Rhode...

Realtors predict slow sales in March, April

WASHINGTON – Fewer housing sales were expected to close in March and April, based on contracts signed in February, the National Association of Realtors...
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Preservation Society sets May 8 celebration

PROVIDENCE – The Providence Preservation Society today announced plans to unveil its 2007 Most Endangered Properties List on Tuesday, May 8, during a 4...
iROBOT's Verro 600, at $1,199, is the more expensive of the two pool-cleaning devices from the company that created the Roomba and Scooba housecleaning robots. /

iRobot adds 2 pool-cleaning robots

BURLINGTON, Mass. – iRobot Corp. (Nasdaq: IRBT) today announced the addition of two pool-cleaning models to its line of home robots. The Verro 300 and...

Citgroup may cut staff by 5%, source says

NEW YORK – Citigroup Inc., the nation’s largest bank, may pare its work force by nearly 17,000 jobs (about 5 percent) as it seeks...

B of A offers card holders ‘Museums on Us’

Bank of America today announced the 10th season of its “Museums on Us” program, which will offer free admission next month to 86 cultural...
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U.S. job openings, hires, separations rates<br> are little-changed in February

WASHINGTON – The nation had 4.1 million job openings on the last day of February, for a job-openings rate of 2.9 percent, compared with...
'ONE REASON for [the economy's] mediocre performance was the old weather and snow,' Lardaro said. That, and the otherwise strong performance of many of his index's 12 indicators, 'leads me to conclude that Rhode Island's economic momentum was stronger in February than [the CCI] indicates.' /

R.I. continues to grow in February, CCI shows

KINGSTON – Data “paint a mixed picture of Rhode Island’s economic performance” in February, University of Rhode Island economist Leonard Lardaro said in his...
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