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U.S. stock futures climb as investors await budget, Fed minutes
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will gain for a third day, before President Barack Obama submits his budget to Congress and the Federal Reserve releases minutes of its March meeting. more
U.S. isn’t broke, dollar won’t fail, Capital Economics says
The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd. more
Personal income in R.I. rises in 4Q, 2012
Personal income in Rhode Island grew by 2.4 percent during 2012 and Massachusetts’ personal income grew by 3.2 percent during the year, according to a new report from the U.S. Bureau of Economic Analysis. more
| 3/27/13
Mortgage rates for 30-year U.S. loans rise to a 6-mo. high
U.S. mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans. more
TD Bank has new leadership in R.I., but direction remains same
TD Bank has chosen a banking industry veteran to take over its Rhode Island and Boston metro south market. Kevin F. Malone has been named TD Bank market president for Boston, southern Massachusetts and Rhode Island. more
Rhode Island joins New England states in legalizing gay marriage
On same-sex marriage, New England is now united. Rhode Island became the 10th U.S. state and final one in the region to make gay weddings legal, after its House of Representatives passed a bill expanding marriage rights to homosexuals. more
R.I. ranks No. 37 on best states for businesses list
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
| 5/9/13
Jobless rate drops in the Providence metro area in Feb.
Unemployment rates fell year over year in February in 187 of the United States’ 372 metropolitan areas, including the Providence-Fall River-Warwick metro, according to the latest non-seasonally adjusted data from the U.S. Bureau of Labor Statistics, reported Wednesday. more
| 4/10/13
Hasbro loss widens in 1Q on savings initiative costs
Toy and game maker Hasbro Inc. saw its net loss widen 159 percent from $2.6 million, or 2 cents per diluted share, in the first quarter of 2012 to $6.7 million, or 40 cents per diluted share, in the first quarter of 2013, the company announced Monday. more
| 4/22/13
Prov. Police: Violent crime ‘static,’ burglaries drop in ’12
While all crime combined fell 4 percent, the worst offenses – including murder, rape, robbery and assault – occurred at the same rate in 2011 and 2012, the Providence Police Department announced Thursday. more
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