Economic Activity
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R.I. foreclosure inventory rises slightly in December
The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in December to 2.9 percent, CoreLogic reported Friday. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 2/1/13
Dow average surges to record as profits stoke 4-year rebound
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve. more
U.S. stocks advance as market reopens after Hurricane Sandy
U.S. stocks advanced as equity markets in the world’s largest economy reopened after Hurricane Sandy caused the longest weather-related shutdown since 1888. more
Mortgage bonds slump as Fed’s buying boost fades
After posting their worst returns since 1999, government-backed mortgage bonds are starting 2013 with losses on speculation the end of Federal Reserve purchases is in sight and as homeowner refinancing roils the market. more
Treasuries climb as U.S. growth concern spurs demand for safety
Treasuries advanced for a second day, recouping more than half the losses posted since Federal Reserve policy makers announced more stimulus last week, on speculation economic growth will fail to spur employment gains. more
Home sales, prices rise in Bristol County, Mass. in December
Bristol County, Mass. single-family homes sales climbed 15 percent and the median sale price 8 percent in December compared with the same period in 2011, The Warren Group said Thursday. more
Big East negotiates to sell name
The Big East conference, which will be left with one of its founding schools by 2014, is negotiating the sale of its name to a new group of seven Catholic universities, the New York Times reported. more
WJAR-TV NBC 10 garners highest February viewership
According to preliminary data, WJAR-TV NBC 10 garnered the most viewers among adults ages 25 to 54 in southern New England for its collection of newscasts. more
U.S. stocks fall as investors await start of earnings season
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a five-year high, as investors awaited the start of the corporate earnings season tomorrow. more
Boston Phoenix to close, Providence to remain open
(Updated, 3:20 p.m.) The Boston Phoenix will close immediately, as will WFNX.com, the company’s online radio station, reported Boston.com. more
| 3/14/13
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