Economic Activity
984 results total, viewing 451 - 460
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
The Mixed Magic Theatre is moving to a smaller space in the Lorraine Mills Artist Studios complex after nearly three years at Hope Artiste Village. more
It’s back to square one for Rhode Island’s redevelopment of the former Shooters nightclub property in Providence. The R.I. Department of Environmental Management officially broke off talks May 1 with Bowl Arts LLC, the community group that had been hoping to build a concert and performing arts venue on the site. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted fourth- quarter profit that topped analysts’ estimates as pharmacy sales rose on new medicines and new customers. more
Target Corp., the second-largest U.S. discount retailer, cut its U.S. unit’s fourth-quarter forecast and said the recent security breach affected more people and more information than previously thought. more
Central Falls has the highest percentage of mortgages in negative equity of all 39 cities and towns in Rhode Island, while Little Compton claims the lowest percentage, according to data compiled by Zillow.com. more
Confidence among U.S. homebuilders increased more than forecast in December, matching the highest level in eight years. more
New England business owners conveyed strong optimism about prospects in 2014, with sales or revenue increases reported throughout the retail, manufacturing and consulting sectors, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Even as the non-seasonally adjusted unemployment rate for the Providence-Fall River-Warwick metro area stayed at 8.6 percent in November for the second consecutive month, the size of the labor force grew 0.8 percent to 691,500, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
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