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John W. ­Diamond

Consumers, businesses face future of more expensive borrowing

From mortgages to auto loans to credit cards, borrowing is set to get even pricier. But the Federal Reserve’s decision on Sept. 16 to hike...

Lardaro: R.I. continues to recover from ‘shallow recession’

PROVIDENCE – Rhode Island’s recovery from a shallow recession continues, University of Rhode Island economist Leonard Lardaro said Friday in his monthly Current Conditions Index report.  The...

R.I.’s 3.7% August jobless rate 3rd highest in New England

PROVIDENCE – Rhode Island’s August unemployment rate of 3.7% is the third highest in New England but below the national rate of 4.1%, according...
Jeffrey C. Dixon

Has AI caused job losses?

Do artificial intelligence tools such as ChatGPT eliminate jobs, create new ones, or both? There’s a lot of speculation regarding this question, but little...

Report: School year begins across R.I. with cellphone ban

PROVIDENCE – Students are returning to classrooms across the state, however their personal devices will not join them, according to a report by WPRI-TV CBS 12.  A...

U.S. job openings rise slightly to 7.3 million as labor market...

WASHINGTON (AP) – Employers posted slightly more job openings in July but the American labor market remained sturdy in the face of higher costs...

R.I.’s 3.9% July jobless rate 3rd highest in New England

PROVIDENCE – Rhode Island’s July unemployment rate of 3.9% was the third highest in New England but below the national rate of 4.1%, according...

R.I. monthly unemployment falls to 3.9% in July

CRANSTON – Rhode Island’s seasonally adjusted unemployment rate in July was 3.9%, down from 4.1% in June, the R.I. Department of Labor and Training...

U.S. employers unexpectedly cut 23K jobs amid strain from the Iran...

WASHINGTON (AP) – U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June....

Americans’ confidence in U.S. economy falls as Iran conflict sends gas...

WASHINGTON (AP) – Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up...
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