Economic Activity
1032 results total, viewing 291 - 300
The cost of living in the United States unexpectedly dropped in August for the first time in more than a year, showing inflation still is falling short of the Federal Reserve’s goal as policy makers meet. more
Real gross domestic product grew in 292 of the nation’s 381 metropolitan areas last year, but the Providence-Warwick area saw a slowdown in the growth rate for the period, according to information released by the U.S. Bureau of Economic Analysis on Tuesday. more
Wynn Resorts Ltd., the casino company founded by Steve Wynn, was awarded the sole license to operate a casino in the Boston area, beating a rival plan from the Mohegan Tribal Gaming Authority. more
U.S. stocks rose and commodities rallied on a report that China’s central bank is boosting stimulus measures. Treasuries advanced while the dollar fell on bets the Federal Reserve won’t be in a hurry to raise rates. more
Gasoline prices in Rhode Island and Massachusetts fell 3 cents and 2 cents, respectively, from last week, according to the weekly survey by AAA Southern New England. more
Private-industry employer costs for employee compensation in New England averaged $34.80 per hour in June, rising 40 cents in a six-month period, according to a quarterly U.S. Bureau of Labor Statistics report released Friday. more
New Bedford-based Precix pulled itself out of the Great Recession by getting very lean and benefiting from consumers, who were finally purchasing new cars again. But the manufacturer of O-rings and seals for the automotive, aerospace and energy industries hasn’t rested easy, or simply relied on improved auto sales for its continued fast growth. more
Argentina is in default again, but its latest predicament is far from your garden-variety sovereign debt crisis. This time South America’s second-largest economy has been tripped up not by new borrowing, but by a lawsuit from American hedge funds blocking settlements with bondholders over a 2001 default. more
If the region’s business leaders listened only to the chattering class or politicians with points to score, you get the sense they wouldn’t bother to get out of bed in the morning. After all, Rhode Island is dead last is every job-creation or business-climate list, right? more
The winning candidates in the fall elections may inherit a healthier economy than their campaign slogans suggest. more
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