Updated February 14 at 12:27am
Economic Activity
1487 results total, viewing 361 - 370
A “State of the States” municipal credit report showed that Rhode Island ranked 40th, an eight spot improvement over last year. more
Bank of America Corp., the lender most hobbled by the collapse of the U.S. housing market, said second- quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008. more
Foreclosure petitions increased nearly 42 percent in the Bay State with 910 filings by lenders in November compared with 643 filings in November 2014, according to The Warren Group, publisher of Banker & Tradesman. more
The economy is expanding, but at a “somewhat slower pace” than just six weeks ago, according to the Federal Reserve’s latest Beige Book report on economic activity. more
Five percent, or 24, of Rhode Island’s 506 middle-market firms are engaged in exporting, according to Middle Market Power Index: Taking the Global Stage, a report from American Express and Dun & Bradstreet. more
Cash sales made up 29.5 percent of all home sales in Rhode Island in March, and 32.7 percent of all home sales in the Providence-Fall-River-Warwick metropolitan area, according to data released Thursday by CoreLogic. more
Microfibres Inc. is closing and filing for bankruptcy, a union official said Wednesday. more
The governor’s proposed truck toll plan, RhodeWorks, would generate substantial long-term funding for transportation projects, but may not provide enough revenue in the short term, the Rhode Island Public Expenditure Council said Wednesday. more
With a 2.1 percentage point decline, the Providence-Warwick metropolitan area had the largest year-over-year unemployment rate decrease among metropolitan areas with a population of 1 million or more in January, according to the federal Bureau of Labor Statistics. more
Boston is out of the running for the Olympics in 2024, according to news reports. more
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