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Fewer Americans than forecast filed applications for unemployment benefits last week, indicating U.S. employers were maintaining staff counts in the days leading up to the government shutdown. more
The partisan battles over the U.S. government shutdown and a potential debt default are beginning to merge into a single fiscal fight, raising the stakes for Republicans and Democrats to end the impasse. more
Town councilors approved an agreement Tuesday that would require Bryant University to pay $300,000 a year for 20 years to offset the cost of police and fire calls made to the university. more
Brown University reported a 12.6 percent return on its investments for fiscal year 2013, up from a 1 percent return a year earlier, the university announced Tuesday. more
Companies added fewer workers than projected in September, indicating the U.S. job market is struggling to gain momentum, a private report based on payrolls showed today. more
Hope & Main LLC, Rhode Island’s first food business incubator, is now accepting applications for its inaugural class. more
Dan Cunningham is a regional investment executive for U.S. Trust, based in Boston. PBN caught up with him at a client event for the bank in Little Compton, where he talked about U.S. Trust’s take on the goings-on in Washington, D.C., the macroeconomic trends and the implementation of the Affordable Care Act. more
A U.S. government shutdown will immediately slow approval of thousands of mortgages. If it lasts more than a week, it threatens housing and the broader economic recovery. more
Many federal offices across Rhode Island were shuttered Tuesday and hundreds of “nonessential” employees sent home due the U.S. government shutdown that began at midnight. more
Manufacturing expanded in September at a faster pace than forecast, indicating U.S. factories will provide a bigger boost to the expansion. more
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