Tag: second quarter
Profit margin on flipping a home is at a 17-year low...
LOS ANGELES (AP) – It pays less and less to buy and flip a home these days.
From April through June, the typical home flipped by an...
U.S. economy expanded at a surprising 3.8% pace in the second...
WASHINGTON (AP) – An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported...
R.I. cannabis sales grow modestly by 3.17% in Q2
WARWICK – Rhode Island’s cannabis sales increased by 3.17% year over year for the second quarter of 2025, reflecting modest growth in the market...
Mortgaged homes in R.I. see average year-over-year equity gain of $51K...
PROVIDENCE – The average equity gain per borrower of a mortgaged home in Rhode Island was $51,000 year over year in the second quarter...
TD Bank reports $181M quarterly loss in preparation for U.S. fines
TORONTO – TD Bank Group has reported a $181 million loss for the quarter that ended on July 31 after it had to set...
Citizens: Business conditions improving in R.I., nationally
PROVIDENCE – Higher company revenue coupled with the prospect of easing monetary policy point to improving business conditions in both Rhode Island and across the...
RTX Corp. sees profit fall 92% in Q2
ARLINGTON, Va. – RTX Corp. on Thursday reported a second-quarter profit of $111 million, a 92% decrease from a year ago.
The year-over-year profit decline...
U.S. government estimates economy grew last quarter at a 2.1% rate
WASHINGTON (AP) – The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of...
WalletHub: R.I. has 8th-lowest quarterly credit card debt increases
PROVIDENCE – Rhode Island is eighth among the states with the lowest credit card debt increases, according to a WalletHub study published Monday.
Researchers at...
CoreLogic: Average R.I. homeowner added $19K in equity in Q2
PROVIDENCE – Homeowners with mortgages in Rhode Island saw an average equity gain of $19,956 from the second quarter of 2022 to the second...
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