The U.S. economy grew less than previously reported last quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish first-half performance propped up mainly by consumer spending.
In signs of a strengthening economy, businesses are increasingly reinvesting in both employees and big-ticket items despite rising health care costs and other concerns, according to Providence Business News' Summer 2016 Business Survey.
Business speaks with its spending habits, and based on the results of Providence Business News' Summer 2016 Business Survey, Rhode Island businesses are talking an optimistic game.
For the first time in its eight-year history, the majority …
By Steve Matthews and Jeanna Smialek Bloomberg News
Two Federal Reserve officials argued the case for another interest rate increase in interviews on the eve of an eagerly awaited speech by Chair Janet Yellen in Jackson Hole, Wyo., that will be scoured for hints of a move that could come as soon as September.