Economic Activity
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Lawmakers, educators, business leaders, and state and federal officials will gather on Monday to discuss workforce development and career and technical education at the R.I. Senate’s annual Economic Summit. more
The number of contracts Americans signed to buy previously-owned homes unexpectedly fell in October for a fifth consecutive month amid higher borrowing costs that are denting the real-estate recovery. 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
Rhode Island single-family homes sales dipped 2 percent in December compared with the same period the previous year, while the median price rose 8 percent, the Rhode Island Association of Realtors said Wednesday. more
Laura Boucher is a 23-year-old registered nurse with the goal of having a full-time job, preferably at Bradley Hospital, because of its focus on mental-health care for children and adolescents. 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
U.S. mortgage rates jumped to the highest since September as investors speculated that the Federal Reserve will slow bond purchases aimed at keeping borrowing costs down. more
U.S. stocks fluctuated between gains and losses, after benchmark indexes rallied to all-time highs yesterday amid optimism over the economic recovery. more
U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of children’s apparel and jewelry, MasterCard Advisors SpendingPulse said. more
U.S. household debt climbed 1.1 percent during the third quarter as borrowing for mortgages, education, car purchases and on credit cards all increased, according to a Federal Reserve Bank of New York survey. more
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