Economic Activity
920 results total, viewing 71 - 80
U.S. state revenue isn’t rising fast enough to keep up with the cost of funding pensions, health care and public works projects, underscoring financial strains that persist during the economic recovery, according to a report. more
Macy’s Inc., the second-largest U.S. department-store company, forecast profit for its next fiscal year ahead of analysts’ estimates and disclosed a program to cut costs that includes eliminating about 2,500 jobs. more
The 2014 Working Waterfront Festival set for Sept. 27 and 28 has been awarded a $45,000 grant from the National Endowment for the Arts to help with production. more
U.S. mortgage rates fell for the first time in three weeks as investors speculated that the Federal Reserve will hold off on tapering bond purchases that are bolstering the economy. more
The U.S. posted a record December budget surplus as higher payroll taxes, payments from Fannie Mae and Freddie Mac, and a declining unemployment rate helped improve the government’s finances. more
Expectations of credit access among U.S. consumers improved in recent months even as their predictions for inflation held steady, according to a survey by the Federal Reserve Bank of New York. more
U.S. stocks fell, with the Standard & Poor’s 500 Index headed for its first weekly drop since August, amid concern the budget impasse will hurt economic growth in the world’s largest economy. more
Momentum in Rhode Island’s rate of economic growth continued a troublesome slowdown in November of 2013, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
Natural gas futures rebounded from a one-month low in New York on speculation that a government report next week will show a record U.S. inventory decline after an arctic blast boosted demand. more
The R.I. Supreme Court ruled Friday that the Narragansett Indian Tribe has been harmed by the state opening table games at Twin River Casino and allowed the tribe’s lawsuit against the gambling expansion to proceed. more
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