Tag: Economy
Five Questions With: Cassandra Thomas
5Q: Cassandra Thomas | Director of economic development, city of Providence
1. What are the greatest economic challenges facing the city and the best...
Filings for jobless claims tick up modestly, continuing claims fall
U.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting...
Fed’s Powell notes inflation is easing but says further progress is...
WASHINGTON (AP) – Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest...
Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool
WASHINGTON (AP) – The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of...
Fed’s Waller raises possibility of a rate cut by spring if...
WASHINGTON (AP) – A key Federal Reserve official raised the possibility Tuesday that the Fed could decide to cut its benchmark interest rate as...
Cyber Monday marks the year’s biggest online shopping day
Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.
Even though e-commerce...
U.S. job openings rise unexpectedly in August
WASHINGTON (AP) – U.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong despite higher interest rates – perhaps...
McCarthy’s last-ditch plan to keep the government open collapses, making a...
WASHINGTON (AP) – House Speaker Kevin McCarthy's last-ditch plan to keep the federal government temporarily open collapsed in dramatic fashion Friday as a robust...
Businesses are more confident but economy still a wild card
With recession fears fading, business owners are again feeling more hopeful, at least about their own prospects.
That’s one of the biggest takeaways from this...
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