Tag: inflation
Economist: After high inflation, debt may hold back momentum
Inflation may have cooled in recent months, but households in Rhode Island and beyond continue to feel the aftereffects.
Thomas Tzitzouris, head of fixed income...
U.S. inflation worsened last month as the cost of groceries and...
WASHINGTON (AP) – U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses...
Inflation ticked higher last month, in latest sign of persistent price...
WASHINGTON (AP) – An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain...
Will self-confidence outweigh business doubts on economy?
Mixed economic signals from the nation’s capital and state government and a stubborn inflation threat have left many Rhode Island business owners unsure how...
Federal Reserve expected to stand pat on rates even as Trump...
WASHINGTON (AP) – The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a...
U.S. producer prices rose 0.2% last month on higher energy costs
WASHINGTON (AP) – U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index – which tracks inflation before...
U.S. added a strong 256K jobs in December as jobless rate...
WASHINGTON (AP) – U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy's resilience in the face of high...
Federal Reserve officials at December meeting expected slower pace of rate...
WASHINGTON (AP) – Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face...
R.I. seventh-best state in the nation for entrepreneurs, study finds
PROVIDENCE – Rhode Island has become significantly more welcoming to entrepreneurs, according to a study by Simplify LLC.
The company, an independent publication based in...
U.S. unemployment claims fall to 211K, lowest level since March
WASHINGTON (AP) – The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers...