Biden sees economy avoiding recession, but risks remain
WASHINGTON (AP) – President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very...
U.S. hiring stayed strong in November as employers add 263K jobs
WASHINGTON (AP) – The nation's employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in...
Votes on ProvPort tax exemption, lease postponed amid public opposition
PROVIDENCE – Community pleas to delay a decision on extending the city’s tax exemption and lease agreements with its primary port operator were granted...
Aspen Aerogels announces pricing of $240M in common stock
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. on Wednesday announced the pricing of 25.2 million shares of its common stock available to the public that...
U.S. revises last quarter’s economic growth up to 2.9%
WASHINGTON (AP) – Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the...
Proposed ProvPort tax, lease agreement extensions advance despite public protest
PROVIDENCE – Controversial extensions to the tax and lease agreements with the operators of Providence's industrial port received preliminary approval from a city panel...
Business groups urge Congress to block potential rail strike
OMAHA, Neb. (AP) – Business groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month's deadline in...
A CUT ABOVE: Maxson’s precision machines keep other manufacturers in business
(Editor’s note: This is the third installment in a monthly series highlighting some of the region’s unsung manufacturers that make products essential to the...
Unemployment claims rise to 240K, highest since August
WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic...
ProJo parent announces more layoffs for its news division in Dec.
PROVIDENCE – Gannett Co., parent of The Providence Journal and other local newspapers, announced a new round of companywide layoffs in its news division...
