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Despite the three-tenths of a percentage point decline in its unemployment rate in April, to 8.8 percent, Rhode Island still has the sixth-highest jobless rate in the nation, according to data released Friday by the U.S. Bureau of Labor Statistics.
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By PBN Staff
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Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates.
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By Lorraine Woellert |
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Personal finance website NerdWallet.com said Rhode Island’s capital city was the second most expensive in the United States, according to its “Quarter Pounder Index,” a basic cost-of-living guide that uses the price of a McDonald’s quarter pounder with cheese to gauge the cost-of-living differences between U.S. cities.
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By PBN Staff
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The first quarter of 2013 ended on a “positive” note following a weakening start to the year, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday.
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By Rebecca Keister |
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The cost of living in the United States fell in April for a second consecutive month, the first back-to-back declines in inflation since late 2008, as fuel prices retreated.
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By Alex Kowalski |
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BOSTON – Preliminary April 2012 estimates show that Massachusetts added 2,500 jobs over the month, for a total of 3.24 million jobs, according to the Mass. Executive Office of Labor and Workforce Development’s Bureau of Labor Statistics.
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5/28/12
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Boosting Rhode Island out of its stagnant economy will not happen overnight, but the mission of Empower RI is to build a solid financial base, one employee and family at a time.
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By Rhonda Miller |
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U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.
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By Nikolaj Gammeltoft and Namitha Jagadeesh |
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U.S. stocks were little changed, with the Standard & Poor’s 500 Index poised for a third straight week of gains, as investors weighed the pace of central bank stimulus amid a meeting of finance ministers.
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By Namitha Jagadeesh and Inyoung Hwang |
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Rhode Island chief financial officers echo the restrained expectations for economic growth in 2013 found in two national surveys of finance executives. America’s stubborn economic issues are weighing heavily on regional growth, some local financial leadetrs said.
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By Rhonda Miller |
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