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Why Fed worries about the strongest U.S. job market in decades 

Chair Jerome Powell isn't as pleased with the robust U.S. job market as you might think he'd be, and he and the Federal Reserve...

Moody’s economist: R.I. job recovery could take 6 years

SMITHFIELD – An estimated three-year recovery to pandemic-related job losses nationally could take double the time in Rhode Island, Moody’s Analytics Chief Economist Mark...

Moody’s: R.I. faces worst fiscal shock in New England

PROVIDENCE – While state coffers across the country continue to feel the strain of the COVID-19 pandemic, the severity of prolonged fiscal shock may...

R.I. ranks No. 3 on weekly ‘Back-to-Normal’ economic index

PROVIDENCE – Rhode Island on Friday moved up to No. 3 on CNN Business and Moody’s Analytics’ “Back-to-Normal Index," which measures states’ economic recoveries...
THE COMMERCIAL REAL ESTATE market has been heavily impacted by the COVID-19 pandemic. / AP FILE PHOTO/MARK LENNIHAN

Virus pummels commercial real estate, could end long boom

NEW YORK (AP) – Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus...

Fed, Moody’s predict $400M-$592M state revenue shortfall for R.I. in FY20

PROVIDENCE – As state spending soars amid unprecedented unemployment claims and new health care needs, the money coming in from taxes has fallen off...
U.S. COMPANIES shed 27,000 jobs in March, according to ADP. / AP FILE PHOTO/.DAVID GOLDMAN

U.S. businesses cut 27,000 jobs in March, before virus hit

WASHINGTON (AP) – United States companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it...

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