Updated December 10 at 12:28pm
Economic Activity
1510 results total, viewing 391 - 400
Rhode Island’s foreclosure inventory rate fell to 1.3 percent in July, a 16.2 percent drop compared with July 2015, CoreLogic said Tuesday. more
(Updated 2:56 p.m.) Americans’ incomes jumped in 2015 by the most since the last recession and the poverty rate fell, signs of U.S. economic health that could potentially boost Democratic candidates this year. more
U.S. stocks rebounded after the biggest rout since June wiped about $500 billion from the value of equities, the dollar fell and Treasuries erased losses as the Federal Reserve’s Lael Brainard remained dovish in her approach to tighter monetary policy. Emerging-market assets slumped. more
(Updated 3:09 and 4:46 p.m.) Citing demand, cost and reliability, the R.I. Public Utilities Commission is urging state regulators to approve a proposed natural gas power plant in Burrillville. more
Five percent hotel tax revenue increased 2.9 percent year over year in April to $1.1 million, according to the state Department of Revenue. more
The U.S. just completed its first offshore wind farm, with 30 megawatts of capacity off the coast of Rhode Island, and has laid out a plan to reach 86,000 megawatts by 2050, almost enough to power the U.K. more
July was a “pleasant surprise” as economic growth measured by University of Rhode Island economist Leonard Lardaro’s current conditions index jumped 16 percentage points from June. more
U.S. stocks fell in the worst selloff since Britain voted to leave the European Union, with the Dow Jones Industrial Average falling almost 400 points after a Federal Reserve official signaled more willingness to raise interest rates. more
Federal Reserve Bank of Boston President Eric Rosengren moved more firmly into the camp of hawkish policy makers, warning that waiting too long to raise interest rates threatened to overheat the U.S. economy and could risk financial stability. more
Research: Providence Business News/Nicole Dotzenrod; Photography: PBN/Michael Salerno; Map: PBN/Lisa Lagreca more
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