Tag: Wall Street
Fed’s Powell highlights slowing job market in signal that rate cuts...
WASHINGTON (AP) – The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday,...
U.S. job openings fall to 8.1 million, lowest since 2021, but...
WASHINGTON (AP) – U.S. job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite high interest rates...
Federal Reserve’s preferred inflation gauge eased last month for the first...
WASHINGTON (AP) – A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after...
U.S. economy grew just 1.3% January through March, but consumers kept...
WASHINGTON (AP) – The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said Thursday in a downgrade...
Aspen Aerogels sees Q1 losses narrow to $1.8M
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. posted a $1.8 million loss in the first quarter of 2024, an improvement over the $16.8 million loss...
Federal Reserve leaves interest rates unchanged
WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage...
WOONSOCKET – CVS Health Corp. missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street's forecast.
Shares of the health...
BankRI parent sees profits rise to $14.7M in Q1
BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Wednesday reported a profit of $14.7 million in the first quarter...
General Dynamics Corp. profit increases 9.5% in Q1
NORTH KINGSTOWN – General Dynamics Corp. logged a $799 million profit in the first quarter of 2024, a 9.5% increase year over year, the...
RTX Corp. reports $1.71B profit in Q1
ARLINGTON, Va. – RTX Corp. on Tuesday reported a first-quarter profit of $1.71 billion, a 19.8% increase year over year.
On a per-share basis the...
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