Economic Activity
930 results total, viewing 41 - 50
Employers in the U.S. boosted payrolls in March and the unemployment rate held at 6.7 percent even as more Americans entered the labor force, showing steady progress that will probably prompt Federal Reserve policy makers to continue reducing stimulus while keeping interest rates low. more
Rhode Islanders weary of the barrage of statistics that have put the Ocean State dead last for unemployment for four consecutive months can now view local success stories through “Our Backyard TV,” a new 24-hour On Demand channel produced by Cox Communications in partnership with the Rhode Island Foundation. more
Brian T. Moynihan, who runs Bank of America Corp., the second-largest U.S. lender by assets, was among a group of underpaid CEOs last year, according to a study by pay expert Graef Crystal. more
Rhode Island’s foreclosure rate fell to 2.1 percent in February from 3 percent a year earlier, but remained slightly higher than the national rate of 1.9 percent, according to a report released Thursday by real estate data firm CoreLogic. more
Alex and Ani LLC is closing its store on Weybosett Street in Providence next month and replacing it with an employee training center. more
Cumberland pet food distributor Pet Food Experts Inc. has reached an agreement with the city to buy a building on Main Street in downtown Pawtucket and move its corporate offices there. more
The number of Americans filing applications for unemployment benefits rose more than forecast last week after reaching a six-month low, a sign that progress in the labor market remains fitful. more
General Growth Properties Inc. CEO Sandeep Mathrani’s compensation surged more than fivefold to $22.1 million last year, boosted by the value of stock-option awards. more
The city will re-launch its suspended startup investment program with smaller investments focused on only “high-growth” technology sector companies. more
Of Rhode Island’s estimated 413,196 households, 22,845 of them, or 5.53 percent, claim $1 million or more in investable assets, ranking the Ocean State at No. 17 nationally in the 2013 Global Wealth Monitor ranking of U.S. states by percentage of millionaire households. more
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