Economic Activity
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Kinney Farm makes national historic register
The historic Anthony-Kinney Farm has earned a spot on the National Register of Historic Places by the National Park Service, the R.I. Historical Preservation and Heritage Commission announced Wednesday. more
| 6/19/13
U.S. stocks fluctuate as investors await Fed signal on stimulus
U.S. stocks fluctuated following a two-day rally in the Standard & Poor’s 500 Index, as investors awaited the outcome of a Federal Reserve meeting for signs about when it plans to scale back stimulus measures. more
House finance committee approves $8.2B fiscal 2014 budget
The House Finance Committee approved an $8.2 billion Rhode Island budget for fiscal 2014 unveiled by Democratic leaders Tuesday night that forgoes a corporate tax-rate cut sought by Gov. Lincoln D. Chafee, but includes the first state payment for the failed 38 Studios LLC loan guarantee. more
Raytheon wants Pentagon to hold competition for anti-ship missile
Raytheon Co., the world’s largest missile maker, is challenging a Pentagon plan to use a Lockheed Martin Corp. anti-ship weapon and is asking for a chance to offer an alternative. more
Tax Foundation: Federal assistance is 38% of R.I. revenue
Federal assistance accounts for 38.3 percent of Rhode Island’s general revenue, according to the Tax Foundation, which released a map on Monday depicting federal aid as part of general revenue for all 50 states. more
| 6/18/13
Regional consumer prices rise 1.2% in May
The Consumer Price Index in the Northeast rose 1.2 percent over the last 12 months to 248.6 in May, according to a report from the U.S. Bureau of Labor Statistics. more
| 6/18/13
1st Circuit throws foreclosure process into limbo, orders action
A federal appeals court has sided with lenders challenging an injunction in Rhode Island’s improper foreclosure case, remanding the case back to U.S. District Court for further review. more
Consumer prices in U.S. increased less than forecast in May
The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control. more
RISD Museum announces name change, revamps online presence
The art museum at the Rhode Island School of Design has revamped its public presence with a new name and a new website, the museum announced Monday. more
Report: R.I. workers are least engaged
Rhode Island has the highest percentage of “actively disengaged” workers in the United States, according to a report from Gallup. more
| 6/17/13 | 2 comments
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