Tag: Donald Trump
U.S. consumer spending falls in January most since February 2021
WASHINGTON (AP) – U.S. consumers cut back drastically on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by...
R.I. life sciences effort could take hit from NIH funding cut
Rhode Island researchers are on edge.
Proposed cuts to National Institutes of Health funding could have extensive ramifications for local universities, hospitals and the effort...
Threat of TikTok ban has some businesses changing plans
Last summer, Savannah Campbell made a commitment to herself to post on TikTok every day to boost her business.
Campbell’s original strategy was working. In...
Promises made, promises kept?
Do you feel policies from the Trump administration will be beneficial to local businesses?
No: 57%
Yes: 43%
Unsure: 0%
Do you feel the economic climate was better...
R.I. prepared if federal funds for decarbonization don’t materialize
Federal funds for decarbonization aren’t guaranteed anymore. Don’t worry, Rhode Island has a Plan B.
A years-in-the-making strategy for how Rhode Island will meet its...
U.S. economic growth of 2.3% in fourth quarter confirmed
WASHINGTON (AP) – The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end...
U.S. consumer confidence plummets in February, biggest monthly decline since 2021
WASHINGTON (AP) – U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday, with...
Federal Reserve officials see risks of higher inflation ahead, support pause...
WASHINGTON (AP) – Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark...
Reed warns tariffs may be risky for U.S. maritime industry, could...
PROVIDENCE – The pace of U.S. shipbuilding could be hampered due to the uncertainty caused by President Donald Trump’s “unpredictable trade policies,” Jack Reed,...
PBN summit: Panelists say several sectors feeling vulnerable
R.I. Secretary of Commerce Elizabeth M. Tanner had one piece of advice for businesses and organizations in Rhode Island that buy products overseas during...
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