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Top News & Analysis Rhode Island


  • Yellen: Labor market approaching full strength Friday, 22 May 2015 | 1:08 PM ET
    Yellen: Labor market approaching full strength

    Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on unemployment data.

  • WASHINGTON/ PROVIDENCE, May 22- Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise rates this year as the U.S. economy was on course to bounce back from a sluggish first quarter and as headwinds at home and abroad begin to wane. Yellen, in prepared remarks for a speech in Rhode Island, said she expected economic data to strengthen,...

  • NEW YORK, May 22- The U.S. Fed Chair Janet Yellen, who on Friday will talk about the economy's prospects, is expected to acknowledge the recent sluggishness, including near stagnant performance in the first few months of the year. Though the Fed uses another measure for its 2 percent target, the CPI report on Friday showed prices increasing across a broad set of items,...

  • NEW YORK, May 21- The U.S. Fed Chair Janet Yellen, who on Friday will talk about the economy's prospects, is expected to acknowledge the recent sluggishness, including near stagnant performance in the first few months of the year. "I wouldn't be totally shocked if the Fed 25 basis points either in September or December, and then just held there for a while to see what...

  • Thanks to Yellen, market could be busy Friday Thursday, 21 May 2015 | 5:29 PM ET
    Federal Reserve Board Chair Janet Yellen.

    A speech by Fed Chair Janet Yellen and CPI data guarantee that more traders will be working than otherwise might be ahead of the long weekend.

  • DIARY- Top Economic Events to June 3 Wednesday, 20 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank forum on central banking. Speakers:- ECB President Mario Draghi and board member Peter Praet, IMF Economic Counsellor Olivier Blanchard, BoE Governor Mark Carney, Central Bank of Mexico Governor Agustin Carstens, Central Bank of Ireland Governor Patrick Honohan, Organisation for Economic Co-operation and Development...

  • DIARY- Top Economic Events to June 1 Tuesday, 19 May 2015 | 8:01 PM ET

    LONDON- Bank of England releases updated policy statement on dormant bank accounts- 0900 GMT. MUNICH- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the National Association for Business Economics International Symposium: "Economic Growth, Monetary Policy, and Structural Reform:...

  • BOSTON, May 6- Puerto Rico's troubled electric utility on Wednesday asked a U.S. appeals court for an alternative to restructure some $9 billion in debt, saying it would otherwise be at the mercy of U.S. bond funds. The legal battle moved on Wednesday to Boston where lawyers for both sides argued for more than an hour before the U.S. Court of Appeals for the First...

  • District Judge Katherine Forrest in Manhattan said the claims raised against Nasdaq, Intercontinental Exchange Inc's New York Stock Exchange, BATS Exchange and other exchanges must be reviewed first by the U.S. Securities and Exchange Commission, not the courts. Forrest, however, said Congress created a "comprehensive federal regulatory scheme" empowering...

  • April 28- Textron Inc, maker of Beechcraft and Cessna airplanes and Bell helicopters, reported lower-than-expected quarterly revenue and profit as helicopter division sales declined. Revenue in Textron's Bell division, which accounted for 31 percent of total revenue in 2014, dropped 13.2 percent to $315 million in the first quarter ended April 4.

  • WILMINGTON, Delaware, April 28- Brazilian oil company Petrobras' $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal, but could instead provide fresh ammunition for a U.S. class action lawsuit. The case, filed in Manhattan federal court in December by a group of large investors, alleges $98...

  • LeBoeuf would swing by the local H&R Block office, pay $150 and end up with a refund. The 32- year-old from Providence, Rhode Island paid $470 this year to a professional tax preparer, and her refund got eaten up by the taxes on her side gig income. "There are a lot of people out there who are starting to realize they don't have it all together," says Robert Wheeler, who runs...

  • Citizens Financial Group posts 4Q profit Monday, 26 Jan 2015 | 1:06 PM ET
    A Citizens Financial Group bank branch in Boston.

    Citizens Financial Group on Monday reported fourth-quarter net income of $197 million.

  • Candidate wins 22% of vote with $35 Thursday, 6 Nov 2014 | 5:15 PM ET
    Robert Healey

    Rhode Island candidate for governor Bob Healy took 22 percent of the vote with just a $35 campaign, The Washington Post said.

  • These states are at the biggest risk of disaster Thursday, 11 Sep 2014 | 11:18 AM ET

    Hurricanes, tornadoes, earthquakes—depending on where you live in the U.S., natural disasters can be a way of life.

  • America's most expensive states in 2014 Tuesday, 24 Jun 2014 | 4:46 PM ET
    Victorian houses with San Francisco skyline.

    Here's a list of the most expensive states to live in, as ranked by CNBC, based on metrics such as average home, food and energy prices.

  • The 5 worst states for business in the US Tuesday, 24 Jun 2014 | 4:43 PM ET

    States have rebounded strongly from the recession, but some long-time laggards still can't create a business-friendly environment.

  • Why this state is the worst for business Tuesday, 24 Jun 2014 | 4:43 PM ET
    In 2012, demonstrators in Cranston, Rhode Island, protested the layoffs of 67 Department of Labor and Training workers, most of whom worked at the agency's unemployment benefits division.

    CNBC's Top States for Business gave the Ocean State the lowest marks for high taxes, poor infrastructure and high utility costs.

  • 50. Rhode Island Tuesday, 24 Jun 2014 | 4:00 PM ET

    The Ocean State is rich in history and quality of life. But a multi-year effort to reform business regulations has yet to take hold.

  • Scenes From Hurricane Sandy Friday, 23 May 2014 | 2:29 PM ET
    Scenes From Hurricane Sandy

    The East Coast's most populated region is struggling to recover from devastating Hurricane Sandy, its worst storm in generations.