Economic Activity
1089 results total, viewing 261 - 270
The Providence-Fall River-Warwick metro area unemployment rate dropped in June to 7.1 percent nonseasonally adjusted, nine-tenths of a percentage point lower than the 8 percent reported a month earlier, the U.S. Bureau of Labor Statistics said Wednesday. more
U.S. stocks rose, with the Standard & Poor’s 500 Index extending a record, as Facebook Inc. rallied on higher sales and growth in global manufacturing offset a drop in home sales. more
Twenty-nine percent of all Rhode Island homes were in serious negative equity during the second quarter, the fourth-highest rate in the country, according to a RealtyTrac report released Thursday. more
The number of Americans filing applications for unemployment benefits unexpectedly dropped last week to the lowest level in more than eight years. more
Rhode Island is selling $594 million in debt backed by tobacco-company payments as the segment is losing some luster while it beats the $3.7 trillion municipal market this year. more
New Bedford-based Precix pulled itself out of the Great Recession by getting very lean and benefiting from consumers, who were finally purchasing new cars again. But the manufacturer of O-rings and seals for the automotive, aerospace and energy industries hasn’t rested easy, or simply relied on improved auto sales for its continued fast growth. more
Argentina is in default again, but its latest predicament is far from your garden-variety sovereign debt crisis. This time South America’s second-largest economy has been tripped up not by new borrowing, but by a lawsuit from American hedge funds blocking settlements with bondholders over a 2001 default. more
Providence Newspaper Guild members and supporters took their concerns about impending layoffs at the Providence Journal to the streets Thursday. more
Treasuries fell after a report showed existing home sales rose to their highest level in a year, indicating the U.S. economy is still improving amid slowing global growth. more
Hasbro Inc. reported third-quarter net income of $180.5 million on revenue of $1.47 billion, fueled by growth in the boys category, where revenue jumped 22 percent alone, thanks to sales of Nerf, Transformers, Marvel and Star Wars products. more
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