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The Standard & Poor’s 500 Index climbed above the highest closing level since 2008 as the European Central Bank announced specifics of its bond-buying plan and data boosted optimism in the American labor market.
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By Lu Wang |
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U.S. stocks fell, following a two- week decline in the Standard & Poor’s 500 Index, as data showed American manufacturing contracted in August, fueling concern the economic recovery is slowing.
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By Rita Nazareth and Lu Wang |
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Rhode Island’s gasoline prices dropped 1 cent this week, marking the first drop in Ocean State pump prices since early July, according to AAA Southern New England.
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By PBN Staff
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Oil climbed to the highest level in more than a week in New York on speculation that central banks will take more steps to boost economic growth, spurring demand for raw materials.
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By Grant Smith |
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Rhode Island merchandise exports increased 9 percent during the first half of 2012 compared with the same period in 2011, growing from $1.1 billion to $1.2 billion, according to data released by the International Trade Administration.
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By PBN Staff
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U.S. stocks rose, paring the Standard & Poor’s 500 Index’s first weekly decline in almost two months, as Federal Reserve Chairman Ben S. Bernanke said he saw “scope for further action,” increasing speculation the central bank will act to boost economic growth.
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By Inyoung Hwang |
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Exports from Rhode Island rose 13.2 percent in June after plunging 23.1 percent in May, according to an international trade statistics report from e-forecasting.com.
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By Emily Greenhalgh |
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Treasuries rose for a fourth day as global equities slumped after Japanese trade figures fell short of economists’ forecasts, reinforcing concern that Europe’s debt crisis and a slowdown in China are damping global growth.
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By Susanne Walker and Lucy Meakin |
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Oil climbed to the highest in three months in New York as speculation European leaders meeting this week will make progress on the region’s debt crisis supported prices against forecasts of rising supply in the U.S.
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By Grant Smith |
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Bryant University will host the fifth annual Supply Chain Management Summit on Thursday, Aug. 23, from 8 a.m. to 4 p.m. at the university’s Bello Center in Smithfield.
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By PBN Staff
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