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Oil declines on Europe concerns after biggest gain since 2009
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. more
Oil trades near 1-week high on outlook for economic stimulus
Oil traded near the highest level in a week in New York amid speculation that the U.S. and China will implement measures to revive their economies. more
Orders to U.S. factories increase for first time in 3 months
Orders placed with U.S. factories rose in May for the first time in three months, easing concern that manufacturing is faltering. more
Quonset sets records in December
In the past two weeks, the Quonset Business Park set two records, one on land and the other at sea, according to a release from the Quonset Development Corporation. more
| 12/19/12
Oil advances to 3-month high before European debt meetings
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. more
GreenBytes taps Maher as COO
Providence-based GreenBytes Inc. has named Chris Maher as chief operating officer to lead “ongoing market expansion,” the computer hardware and software pioneer announced Thursday. more
Trade gap in U.S. widened to $42B as exports fell
The U.S. trade deficit widened in July for the first time in four months as the global economic slowdown reduced demand for American-made goods. more
U.S. stocks climb as Bernanke sees ‘scope for further action’
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. more
U.S. stock futures fall on concern Europe’s crisis will worsen
U.S. stock futures retreated, following last week’s decline, on concern a meeting of European leaders will fail to help contain the region’s debt crisis. more
U.S. stocks rise as banks rally after Moody’s downgrades
U.S. stocks rose, after yesterday’s selloff, as the downgrade of global banks by Moody’s Investors Service was followed by rallies in financial shares while the European Central Bank announced changes to its lending program. more
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