Tag: December
Lardaro: State’s expanding economy shows more signs of slowing
PROVIDENCE – There are growing concerns that the state’s economy is slowing, even though Rhode Island marked its 18th consecutive month of economic expansion...
Fed lifts rate by quarter-point and signals more hikes ahead
WASHINGTON (AP) – The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth...
U.S. wage growth slowed in the final quarter of 2022
WASHINGTON (AP) – Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022,...
U.S. inflation and consumer spending cooled in December
WASHINGTON (AP) – The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed's...
U.S. economy slowed but still grew at 2.9% rate last quarter
WASHINGTON (AP) – The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of...
December retail sales fall 1.1% as inflation takes a toll
NEW YORK (AP) – Americans cut back on spending in December, the second consecutive month they've done so, underscoring how inflation and the rising...
Bristol County, Mass., median home sale price up slightly in December
PROVIDENCE – The median price of single-family homes in Bristol County, Mass., sold in December was $595,000, a 0.1% increase over the same month...
U.S. consumer inflation eased again to 6.5% in December
WASHINGTON (AP) – Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation's grip on the economy will continue to ease this...
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...
Retail trade group: Holiday sales to slow from last year’s blistering...
NEW YORK (AP) – The National Retail Federation, the nation's largest retail trade group, expects holiday sales growth will slow to a range of...
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