Economic Activity
867 results total, viewing 411 - 420
The Link is ready for the market. The Interstate-195 Redevelopment District Commission on Monday signed off on a prospectus for potential developers of Providence’s former highway land, now branded The Link, clearing the way for the properties to be marketed. more
Walgreen Co., armed with a new patent, sued Rite Aid Corp., CVS Caremark Corp. and Shopko Stores Inc., claiming they’re misappropriating its technology for refilling prescriptions with mobile-phone scanners. more
U.S. stocks fell, ending the Standard & Poor’s 500 Index’s longest stretch without a 5 percent slide since 2006, as a gauge of manufacturing in the world’s largest economy declined more than estimated. more
The average per capita debt for Rhode Island’s cities and towns is $1,673, with the highest per capita debt in Providence at $7,366 per person, according to an analysis of local debt data conducted by WPRI-TV CBS 12’s Target 12 team. more
The homeownership rate in the U.S. declined in the fourth quarter as higher borrowing costs and tight credit blocked many first-time buyers. more
Rhode Island ranked 40th among the 50 U.S. states and the District of Columbia for overall financial security of its residents in the 2014 Assets & Opportunity Scorecard released Thursday by the Corporation for Enterprise Development. (Updated, 3:10 p.m.) more
The Massachusetts economy grew 5.5 percent in the fourth quarter, the third time in 2013 that quarterly growth in the Bay State outpaced the national GDP growth rate, local economy journal MassBenchmarks reported Thursday in its Current Economic Index. more
Rhode Island single-family home prices ended two years of annual declines in 2013, climbing 8 percent compared with 2012, the Rhode Island Association of Realtors said Thursday. more
The U.S. economy expanded at a 3.2 percent pace in the fourth quarter as Americans’ spending climbed the most in three years, laying the ground for further improvement in 2014. more
Paolino Properties has purchased a package of three high-profile properties in Providence’s Financial District for $60 million, the company announced Wednesday. more
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