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Despite rosy jobs data, danger of recession lingers

Don’t be overly fooled by seemingly rosy jobs data issued recently. Yes, the U.S. economy added 187,000 jobs in August 2023 – faster than the...

Downgrade of U.S. credit rating shouldn’t be downplayed

The formerly pristine reputation of the U.S. government’s debt lost a little more luster after a prominent rating agency demoted Uncle Sam from its...

Banking ‘reforms’ have widened the wealth gap

Harsh banking sector regulations imposed a decade ago were touted as a means to both make the system safer and to “democratize capital” by...

McKee: R.I.’s economic driving force is small business

Our small businesses play a crucial role in fostering innovation, job creation and community identity here in the Ocean State. Rhode Island’s small businesses...

Blame capitalism for this prescription drug problem?

Past public ire over high drug prices has recently taken a back seat to a more insidious problem – no drugs at any price. Patients...

Avoiding the costliest strike in U.S. history

The International Brotherhood of Teamsters union and UPS have agreed on a new five-year contract that boosts wages and guarantees more air conditioning in...
Cristin O’Hara

Restaurant industry proves resiliency as it rebuilds

Like countless other industries, the restaurant industry has been completely redefined by the COVID-19 pandemic. Restaurant owners felt optimistic about the post-COVID world but...
Nir Eisikovits

Danger of AI might not be what you think

The rise of artificial intelligence systems has been accompanied by a sharp increase in anxiety about AI. For the past few months, executives and...
Joan McGrath

Some banks falter, but not special-needs trusts

Recent bank failures have caused many individuals and organizations to worry about the security of their funds held in banks. Many retirees and others...
Ryan Herzog

The Fed’s epic fight against inflation is likely over

The Federal Reserve’s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their...
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