Tag: inflation
AT WHAT COSTS? PBN survey: Businesses haven’t lost all hope despite...
Rhode Island business owners and executives are feeling better about their companies than they did a year ago, but that does not mean they...
Business costs weighing heavily on resilient R.I. businesses
For all the public recession talk among economists and state leaders in recent months, it’s the cost of doing business weighing most heavily on...
Federal Reserve hikes key interest rate for 1st time in 3...
WASHINGTON (AP) – The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly...
U.S. home sales weaken to slowest pace in more than a...
Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising...
U.S. inflation picked up as gas prices marched higher due to...
WASHINGTON (AP) – U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability...
Beige Book finds expanded economic activity, inflation concerns across New England
PROVIDENCE – Economic activity across New England expanded slightly in recent months, but businesses grew more concerned about inflation, energy costs, tariffs and interest...
Fed Chair Warsh signals rate hikes may be needed with inflation...
JACKSON HOLE, Wyo. (AP) – Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may...
Mortgage rates rise back to 6.66%
Mortgage rates ticked higher this week, nudging the average long-term U.S. home loan rate closer to its recent high for the year.
The benchmark 30-year...
U.S. consumer confidence falls to lowest level in 7 months with...
WASHINGTON (AP) – Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push U.S. gasoline prices...
Inflation cooled last month as gas prices fell, though costs remain...
WASHINGTON (AP) – U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the...
