Updated January 17 at 1:30am
Economic Activity
1259 results total, viewing 91 - 100
Bank of America Corp. doesn’t expect Donald Trump’s election to jolt the U.S. economy next year, but its corporate customers are enthusiastic and already seeking funds to expand, according to CEO Brian Moynihan. more
The number of Americans filing applications for unemployment benefits rose more than expected to a six-month high last week, potentially reflecting seasonal swings in a still-healthy labor market. more
Bill McCourt, who has served as executive director of the Rhode Island Manufacturers’ Association for the past five years, left the organization to “pursue other opportunities,” according to a letter from Bob Nangle, RIMA chairman, released Wednesday. more
The Providence-Warwick-Fall River metropolitan area ranked 160th in the United States for 2 percent construction job growth over the year in November, the Associated General Contractors of America said Wednesday. more
(Updated 11:41 a.m.) Cash sales accounted for 21.8 percent of total home sales in September in the Providence-Warwick-Fall River metropolitan area, a 0.7 percentage point decrease compared with the rate in September 2015, CoreLogic said Wednesday. more
Sales of previously owned U.S. homes unexpectedly increased in November to the strongest level since early 2007, ahead of a jump in borrowing costs, National Association of Realtors data showed Wednesday. more
(Updated 1:46 p.m.) U.S. stocks edged lower, with the Dow Jones industrial Average failing to make progress toward 20,000, as oil erased gains and a rally in the dollar faltered in light trading ahead of the holidays. more
Taking a cue from a Brookings Institution report that called for more involvement from top-level CEOS, four business leaders have joined forces to create the Partnership for Rhode Island, focusing on economic growth in the Ocean State. more
The contract for Brian Goldner, Hasbro Inc.’s chairman, president and CEO, has been extended for another three years, the company said Tuesday. more
The historic Broadwall Farm, one of the last large unprotected farms in the state, has been purchased for $660,000 by the R.I. Department of Environmental Management in partnership with The Nature Conservancy. more
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