Updated August 29 at 3:29pm
Retail
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(Updated 9:52 a.m.) The cost of living in the U.S. excluding food and fuel rose in May, propelled by rising rents. more
Retail sales rose more than forecast in May, showing consumer spending will help boost economic growth in the second quarter. more
Gasoline prices remained the same this week in Rhode Island, but rose 2 cents in Massachusetts, AAA Northeast said Monday. more
The state’s economic momentum in April “deteriorated noticeably,” said University of Rhode Island economist Leonard Lardaro in his latest Current Conditions Index. more
Landlords of retail properties should counter the threat from electronic commerce by turning to dining and entertainment to attract a younger generation of customers, according to MetLife Inc.’s asset manager. more
Confidence among American consumers in June eased from an almost one-year high as favorable views about personal finances were offset by concerns about the economy’s prospects. more
United Natural Foods Inc. reported an 8.3 percent drop in profit, but slightly higher revenue, in its third quarter earnings report released Monday. more
Regular self-serve gasoline fell 2 cents in Rhode Island this week, but prices are unchanged in Massachusetts, AAA Northeast said Monday. more
For the second year in a row, CVS Health Corp. made the top 10 in the Fortune 500 list of America’s top companies by revenue. more
Succession Capital, a Lynx Equity subsidiary, has acquired North American Shoe Co. more
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