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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
When HealthSourceRI opened for enrollment Tuesday morning, Rhode Islanders flooded the website, resulting in a temporary crash. more
T.F. Green Airport saw a year-to-year increase in passenger traffic in August, with 356,675 total passengers, a 4.3 percent rise from August 2012, according to numbers released by the R.I. Airport Corporation Tuesday. more
Home prices in the Providence-New Bedford-Fall River metro area rose 4.3 percent in August compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
Global stocks rebounded after the biggest decline in a month and Treasuries fell on speculation any economic effect from the U.S. government shutdown will be limited and already reflected in markets. The dollar weakened. more
In a decision handed down Monday, the First Circuit Court of Appeals unanimously affirmed the validity of Providence’s anti-tobacco laws, Mayor Angel Taveras’ office announced. more
A partial shutdown of the federal government would cost the U.S. at least $300 million a day in lost economic output at the start, according to IHS Inc. more
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