Thursday, August 20, 2026

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U.S. producer prices rose 0.5% in December, more than expected, on...

WASHINGTON (AP) – U.S. wholesale prices rose a hotter-than-expected 0.5% in December.  The Labor Department reported Friday that its producer price index – which measures inflation before it hits...
SQUEEZED: Machinist Troy Hawkins takes a measurement while setting up equipment at Hawkins Machine Co. The Coventry company is feeling the sting of rising costs. 
PBN FILE PHOTO/­MICHAEL SALERNO

Businesses stuck in neutral along with stagnant economy

Rhode Island business owners need a jolt. That’s the biggest takeaway from PBN’s 2026 Winter Business Survey. A malaise that took hold last year amid...

Federal Reserve keeps interest rates unchanged

WASHINGTON (AP) – The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6%...

Prices ticked up in November as Americans keep spending, a key...

WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated, while consumers...

Producer prices rise a mild 0.2% in November, government says in...

WASHINGTON (AP) – U.S. wholesale prices rose modestly in November, the government said in a report delayed by the federal government shutdown. The Labor Department...

Sluggish hiring closes out a frustrating year for job seekers though...

WASHINGTON (AP) – Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also...

Lardaro: R.I. remains in a recession

PROVIDENCE – Rhode Island remains in a recession, University of Rhode Island economist and professor Leonard Lardaro said Wednesday in his monthly Current Conditions Index report.  The index had a contractual value of 33 in October,...

Job openings slide to 2nd-lowest level in 5 years as hiring...

WASHINGTON (AP) – U.S. employers posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring...

Looking ahead

Are you optimistic that 2026 will be a good year for your company? Yes: 67% Somewhat: 33% No: 0% What growth is your company hoping for this year?...

Recognizing truck drivers, vendors with a small holiday gift still matters

Every holiday season, something quietly disappears in business - recognition.  Schedules tighten, volumes spike and everyone is racing to close the year strong.   However, the men and women...
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