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U.S. economic growth for last quarter is revised up slightly to...

WASHINGTON (AP) – The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the...

R.I. mortgage delinquency rate remains at 2.8% in January

PROVIDENCE – The share of mortgages in delinquency 30 days or more in Rhode Island was 2.8% in January, same as both a year...
RHODE ISLAND’S economy did not experience a "statistical recession" in 2023 as originally thought, according to University of Rhode Island economist and professor Leonard Lardaro.  / PBN FILE PHOTO/MICHAEL SALERNO

Lardaro: R.I. did not experience a ‘statistical recession’ in 2023

PROVIDENCE – Rhode Island’s economy did not experience a "statistical recession" last year as originally believed, University of Rhode Island economist and professor Leonard...

R.I.’s 3.6% unemployment rate second highest in New England

PROVIDENCE – Rhode Island had the second-highest unemployment rate in New England in January at 3.6%, which is below the national rate of 3.7%,...

U.S. employers add a surprisingly strong 275K jobs in sign of...

WASHINGTON (AP) – America's employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy's...

U.S. job openings stay steady at nearly 8.9 million in January

WASHINGTON (AP) – U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy. The Labor Department reported...

Federal Reserve’s preferred inflation gauge picked up last month in sign...

WASHINGTON (AP) – An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price...

Federal Reserve officials caution against cutting U.S. interest rates too soon...

WASHINGTON (AP) – Several Federal Reserve policymakers warn against cutting U.S. interest rates too soon or by too much in the wake of recent...

Home sales rose in January with easing mortgage rates, larger supply

LOS ANGELES (AP) – Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest...

Federal Reserve minutes: Officials worried that progress on inflation could stall...

WASHINGTON (AP) – Federal Reserve officials acknowledged at their most recent meeting in January that there had been "significant progress" in reducing U.S. inflation....
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