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Are concerns about inflation and the possibility of a looming recession...

Despite monthslong concerns about inflation and a looming recession, retail sales at restaurants and bars have jumped this summer compared to a year ago. National...

Lardaro: R.I. remains in a statistical recession

PROVIDENCE – Rhode Island continues to be in a statistical recession, but the effects have been blunted by federal funding and budget surpluses, University...

Congressional Budget Office predicts slower economic growth and 4.7% unemployment into...

WASHINGTON (AP) – The Congressional Budget Office reported Wednesday that economic and job growth so far this year has been stronger than forecast in February, but...

Federal Reserve minutes: Some officials wanted to raise interest rates last...

WASHINGTON (AP) – Some Federal Reserve officials pushed to raise the Fed's key interest rate by one-quarter of a percentage point at their meeting...

U.S. economic future remains unclear following May jobs report 

WASHINGTON (AP) – The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in...

U.S. applications for unemployment benefits tick up slightly as labor market...

The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S....

Lardaro: Weak March performance brings R.I. closer to recession

PROVIDENCE – University of Rhode Island economist and professor Leonard Lardaro said Tuesday he is more convinced that Rhode Island is continuing to move...

Don’t panic: R.I. business leaders advise caution, planning

PROVIDENCE – Business leaders in Rhode Island are urging caution and careful planning as the nation braces itself for a recession, interest rates continue...

Survey: Small business remains bullish about prospects

PROVIDENCE – The majority of U.S. small-business owners, 72%, are concerned about the impact of a potential recession, however 76% are confident their business...

Key inflation gauge tracked by Fed remained high in March 

WASHINGTON (AP) – A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed...
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