More business headlines
Major stock indexes rose for the week for the first time in months
The S&P 500 rose and notched the biggest weekly gain for the benchmark index since November 2020.
THE FINE PRINT
Expect to pay more for homeowners insurance. Here’s why.
High inflation and building material costs are driving up premiums for many New England homeowners.
In re-rebrand, construction giant Suffolk returns to its roots
Workers at Suffolk job sites have begun swapping out the contractor’s pandemic-era light blue and purple branding with a revived version of its original namesake.
Key inflation gauge slowed to still-high 6.3 percent over past year
The report also showed that consumer spending rose by a healthy 0.9 percent from March to April, outpacing the month-to-month inflation rate for a fourth straight time.
At Boston Chamber, Mariano outlines plans for tax relief
Stories you may have missed from the world of business.
RI BUSINESS
Rhode Island’s ‘Conjuring’ house sold, with one stipulation: No one can live there year-round
The new owners paid $1.525 million for the Burrillville home — well above the $1.2 million asking price. "I came to visit and thought, ‘I have to have this house,'" Jacqueline Nuñez said.
MGH vaccinating workers against monkeypox, the first time the shots have been used in the US
Massachusetts General Hospital this week began vaccinating a small group of workers who came into close contact with a man hospitalized for monkeypox earlier this month.
Delta is cutting flights to ‘relieve pressure’ on operations
Delta Air Lines Inc. is cutting flights just ahead of the busy Memorial Day weekend and through the summer to help it recover faster from bad weather, higher-than-expected worker absences and other issues that have rattled recent operations.