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U.S. January wholesale prices arrive hotter than expected

WASHINGTON (AP) – U.S. wholesale prices came in hotter than expected last month. The Labor Department reported Friday that its producer price index, which...

U.S. trade deficit slipped to $901B last year amid Trump tariffs 

WASHINGTON (AP) – The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double...

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%...

U.S. consumer confidence falls to lowest level since 2014

WASHINGTON (AP) – U.S. consumer confidence declined sharply in January, hitting the lowest level since 2014 as Americans grow increasingly concerned about their financial...

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...

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...
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