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Inflation cooled slightly in December though it remains above Fed’s target

WASHINGTON (AP) – Inflation cooled a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly...

Looking back at 2025

Was 2025 a good year for your company? Yes: 67% Somewhat: 33% No: 0% Did rising costs and/or inflation hamper your business’s operations? Yes: 33% Somewhat: 33% No: 33% Do...

Federal Reserve cuts key rate but signals higher bar for future...

WASHINGTON (AP) – The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may...

Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) – The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate...
STRING SKILLS: Machine operator Maria Dacruz works on the production floor of Neocorp Inc., a standard and technical rope and bungee cord maker in Pawtucket. Neocorp is among the local manufacturers that have dealt with inflated tariffs in 2025. 
PBN PHOTO/
MICHAEL SALERNO

THE TOLL OF TARIFFS: Factories under strain as they try to...

If there was one thing Rose Wood had been able to count on as a buyer at Pawtucket manufacturer Neocorp Inc., it was that...

Average long-term U.S. mortgage rate dips to 6.17%, its lowest level...

The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a...

Federal Reserve cuts key rate for second time this year

WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up...

Federal Reserve likely to cut key rate Wednesday and may signal...

WASHINGTON (AP) – The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in...

Consumer confidence dips modestly in October

WASHINGTON (AP) – Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects. The Conference Board said Tuesday that its...

Fed minutes: Most officials supported further rate cuts as worries about...

WASHINGTON (AP) – Most members of the Federal Reserve's interest-rate setting committee supported further reductions to its key interest rate this year, according to...
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