Updated October 9 at 6:09pm
Local News
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The Massachusetts economy is continuing its “robust expansion” as employment is growing at rates not seen since the late 1990s, according to the MassBenchmarks editorial board. more
Bay State home sales continued to rise in August, with a 16 percent year-over-year gain, the third consecutive month of double-digit increases, according to data released Tuesday by The Warren Group, publisher of Banker & Tradesman. more
(Updated 2:04 p.m.) The Federal Reserve Bank of Boston and Gov. Gina M. Raimondo on Tuesday announced a new economic growth initiative aimed at incentivizing municipalities to work collaboratively across sectors in order to address issues affecting low-income residents. more
Bank of America Corp. is cutting dozens of jobs across the firm’s trading and banking divisions after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue, according to two people with knowledge of the plans. more
The 2016 Rhode Island Business Plan Competition will kick off on Oct. 15, featuring last year’s three winners, who will share their experiences and what it took to win. more
Will the Federal Reserve raise interest rates by the end of the year? You get a very different answer depending on the source. more
Consumer confidence unexpectedly rose in September as persistent job gains helped Americans shake off the effects of tumbling stock prices. more
Cash sales in the Providence-Warwick metropolitan area accounted for 31.4 percent of total home sales in June, a 4.4 percentage point increase compared with June 2014, CoreLogic said Tuesday. more
The Providence-Warwick metropolitan area ranked 210th out of 358 metropolitan areas around the country for losing 0.4 percent of construction jobs year over year in August. more
Acushnet Co., the maker of Titleist golf equipment, is talking to banks about a possible initial public offering in the U.S., people with knowledge of the matter said. more
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