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Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July.
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By PBN Staff
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Exports from Rhode Island plunged 23.1 percent in May, following a 7.4 percent increase in April, according to an international trade statistics report from e-forecasting.com.
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By Emily Greenhalgh |
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Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the world’s biggest consumer of the commodity.
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By Grant Smith and Ramsey Al-Rikabi |
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Rhode Island’s gasoline prices rose 7 cents this week. The jump marks the first increase in Ocean State pump prices in 13 weeks, according to AAA Southern New England.
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By PBN Staff
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Oil rose for a third day, the longest winning streak in a month, as slowing growth in China fueled stimulus speculation and U.S. equities advanced.
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By Moming Zhou |
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Rhode Island exporters stand to gain from a growing Russian market, according to Business Roundtable.
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By PBN Staff
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U.S. stocks retreated, snapping a three-day advance for the Standard & Poor’s 500 Index, as disappointment over the European Central Bank’s efforts to tame the debt crisis overshadowed improving American employment data.
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By Rita Nazareth and Julia Leite |
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Orders placed with U.S. factories rose in May for the first time in three months, easing concern that manufacturing is faltering.
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By Shobhana Chandra |
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Rhode Island’s gasoline price dropped 4 cents this week in the 11th consecutive week of declines, according to AAA Southern New England.
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By PBN Staff |
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Oil declined in New York as euro-area unemployment reached the highest level on record, prompting speculation that crude’s surge last week, its biggest in three years, may have been excessive.
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By Grant Smith |