Economic Activity
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Most U.S. stocks fall amid concern over Europe
Most U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to the highest level since 2007, as FedEx Corp. slumped and concern grew that European leaders will struggle to resolve the region’s debt crisis. more
Bernanke says solving fiscal woes may bring ‘very good’ year
Federal Reserve Chairman Ben S. Bernanke said that an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth, while failure to avoid the so-called fiscal cliff would pose a “substantial threat” to the recovery. more
Carpionato plans parking lot for Fruit & Produce Warehouse land
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
Businesses are banking on a slow, steady climb up
Fiscal brinksmanship in Washington and the halting economic recovery in Rhode Island frustrated local business leaders in 2012, but their plans for the year ahead reveal a latent current of optimism running through the region. more

By Patrick Anderson
PBN Staff Writer | 1/21/13

Emerging stocks gain most in 3 weeks on Obama election win
Emerging-market stocks rose, driving the benchmark index to its biggest gain in three weeks, and currencies strengthened after U.S. President Barack Obama won re-election. more
Churchill & Banks, Hecht Development to pitch to I-195 Commission
Churchill & Banks Co. and Hecht Development will be the first two groups to pitch their ideas for the former Interstate-195 district in downtown Providence to the commission responsible for the land. more
Artists to get financial training
The R.I. State Council on the Arts and The Rhode Island Foundation have announced a collaborative “Assets for Artists” financial training and micro-financial opportunity program in partnership with the Massachusetts Museum of Contemporary Art, the International Institute of New England and other partners. more
Stock, bond trading shut a second day as Sandy hits New York
For the first time in more than a century, weather has stopped U.S. equity trading for two straight days as Hurricane Sandy swept across New York City. NYSE Euronext will this morning test a back-up plan in case its headquarters or trading floor are unable to open tomorrow. more
Hasbro profit drops in 4Q, 2012
Profit for Hasbro Inc. fell 6.4 percent to $130.3 million, or 99 cents per diluted share, in the fourth quarter of 2012 and 12.8 percent to $336 million, or $2.55 per diluted share, for 2012 as a whole, the company announced after markets closed Thursday. more
| 2/8/13
MassBenchmarks: State growth slows to 1.9% in 3Q
Massachusetts’ real gross state product increased at a 1.9 percent annualized rate during the third quarter, according to the Current Economic Index released Friday by MassBenchmarks. more
| 10/26/12
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