Updated January 24 at 4:24pm
Economic Activity
737 results total, viewing 441 - 450
The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market. more
One week after announcing an agreement to sell the Providence Journal to New Media Investment Group Inc., A.H. Belo Corp. reported second-quarter net income of $22 million, more than 18 times the profit of the same year-earlier period, thanks in large part to an $18.5 million investment gain. more
Sales of single-family homes in Massachusetts posted a year-over-year increase in June for the first time since January, real estate data tracking firm The Warren Group reported Tuesday. more
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing to an all-time high, as energy and small-cap shares rebounded from yesterday’s declines. more
Fewer Americans filed applications for unemployment benefits last week, sending the average over the past month to an eight-year low, a sign the labor market continues to gain momentum. more
U.S. stocks joined a global selloff, sending the Standard & Poor’s 500 Index toward its first monthly drop since January, as Exxon Mobil Corp. to Micron Technology Inc. tumbled amid weaker corporate results. more
(Updated, Aug. 4, 3:45 p.m.) GateHouse Media will not honor the collective bargaining agreements negotiated between the Providence Journal and A.H. Belo Corp. and may lay off as many as 40 Journal employees upon its purchase of the paper who will be covered by Belo’s severance policy, according to an asset purchase agreement filing with the U.S. Securities and Exchange Commission. more
Rhode Island’s foreclosure rate dropped in June to 1.9 percent, compared with 2.5 percent a year earlier, according to a report released Thursday by real estate data firm CoreLogic. more
Companies hired 213,000 workers in September as the labor market continued to strengthen, a private report based on payrolls showed. more
Private-industry employer costs for employee compensation in New England averaged $34.80 per hour in June, rising 40 cents in a six-month period, according to a quarterly U.S. Bureau of Labor Statistics report released Friday. more
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