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Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) – The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate...
STRING SKILLS: Machine operator Maria Dacruz works on the production floor of Neocorp Inc., a standard and technical rope and bungee cord maker in Pawtucket. Neocorp is among the local manufacturers that have dealt with inflated tariffs in 2025. 
PBN PHOTO/
MICHAEL SALERNO

THE TOLL OF TARIFFS: Factories under strain as they try to...

If there was one thing Rose Wood had been able to count on as a buyer at Pawtucket manufacturer Neocorp Inc., it was that...
FINAL TOUCHES: Manufacturing technician Noel Laflamme sets up a job on the laser cutter at metal fabricator Ward’s Manufacturing LLC in Warren.
PBN PHOTO/MICHAEL SALERNO

For Ward’s, survival of tariffs required complete overhaul of business

Less than a year ago, Kelly Ward, co-founder and president of Ward’s Manufacturing LLC, envisioned that the company would be spending the spring and...
NOT HELPING: Machine operator Maria Dacruz works on the production floor of Neocorp Inc. The Pawtucket company says long-term planning has been disrupted by tariff-induced price increases. 
PBN FILE PHOTO/­MICHAEL SALERNO

R.I. manufacturers not profiting from ongoing trade wars

It’s not that manufacturers are unaccustomed to dealing with price hikes or supply chain disruptions. The pandemic is an all-too-recent reminder of economic upheaval...

Despite U.S. trade war, OECD expects global economy will grow 3.2%...

WASHINGTON (AP) – The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation...

U.S. retail sales rose slightly in September, adding to months of...

WASHINGTON (AP) – Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose...

Stores keep prices down in a tough year for turkeys. Other...

CHELSEA, Mich. (AP) – Old Brick Farm, where Larry Doll raises chickens, turkeys and ducks, was fortunate this Thanksgiving season.  Doll's small farm west of Detroit...
Rep. Seth Magaziner has represented Rhode Island’s 2nd Congressional District since 2023. He previously served as the state’s general treasurer from 2015-2023. / PBN PHOTO/MICHAEL SALERNO

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Rep. Seth Magaziner, D-R.I., has represented Rhode Island’s 2nd Congressional District since 2023. He previously served as the state’s general treasurer from 2015-2023. As a...
Jeffrey Liguori

In this environment, investors need to be aware, prepared

This summer, President Donald Trump signed the One Big Beautiful Bill Act into law, which has a primary goal of permanently extending provisions of...

U.S. consumer confidence declines again as Americans fret over prices, job...

WASHINGTON (AP) – U.S. consumer confidence declined again in September as Americans’ pessimism over inflation and the weakening job market continued to grow. The Conference Board...
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