Economic Activity
504 results total, viewing 331 - 340
The U.S. economy barely grew in the first quarter as harsh winter weather chilled investment and exports dropped. The expansion stalled even as consumer spending on services rose by the most in 14 years. more
The owners of the Regency Plaza Apartments in downtown are planning to build a new 134-unit rental building on the Broadway side of the complex. more
The Standard & Poor’s 500 Index rose to a record, after posting the longest streak of quarterly gains since 1998, as technology and consumer shares rallied while data showed China’s manufacturing expanded in June. more
Modest gains in economic momentum in May hold promise for Rhode Island this summer, University of Rhode Island economist Leonard Lardaro said in his latest Current Conditions Index, but as usual that is only part of the story for the Ocean State. more
The A.H. Belo Corp. has agreed to sell the Providence Journal and its production facility for $46 million in cash to New Media Investment Group Inc., the parent company of GateHouse Media. more
The Northeast regional Consumer Price Index rose 1.9 percent on a nonseasonally adjusted basis during the 12 months ended in June, a somewhat less significant increase than the 2.1 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
The director of the R.I. Department of Revenue did not mince words when discussing the state’s revenue performance in August, saying it was “like pushing a wet noodle.” more
Gasoline prices fell in Rhode Island for the fifth week in a row, according to AAA’s weekly survey of gasoline prices. more
Abigail Johnson has climbed the ranks of Fidelity Investments, the company started by her grandfather in 1946, over more than 25 years, starting as a stock analyst and working her way through almost every major division. more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
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