Updated April 29 at 9:29am
Economic Activity
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Rhode Island’s economic growth failed to meet expectations in the first quarter, posting a gain of 1.5 percent, according to the Rhode Island Current Economic Indicator briefing released Monday by the Center for Global and Regional Economic Studies and the Rhode Island Public Expenditure Council. more
The R.I. Convention Center will host the 2016 USA Gymnastics Championships next June, and the economic impact for the event is estimated at $3.75 million. more
Gov. Gina M. Raimondo on Tuesday signed her first state budget, touted as a “robust jobs plan” that will help put Rhode Islanders back to work and move the state forward. more
MassChallenge will receive $100,000 through an Innovation Matching Grant to help Rhode Island create a “powerful innovation brand” and build its reputation as “an ideal state for entrepreneurship.” more
The price of self-serve, unleaded regular gasoline in Rhode Island and Massachusetts increased 1 cent per gallon in the last week, according to AAA Northeast’s weekly survey. more
(Updated 11:54 a.m.) The I-195 Redevelopment District Commission has a new executive director. Peter McNally, a real estate investment manager, was selected Monday as the commission’s new administrative leader, succeeding Jan Brodie, who unexpectedly announced her resignation last month. more
Greek Prime Minister Alexis Tsipras was given hours to come up with a plan to keep his country in the euro as citizens endure a second week of capital controls. more
The behavior of two population groups, the baby boomers and the millennials, will have outsized influence on real estate markets in the next several years, according to a report by The Counselors of Real Estate, an association of real estate advisers. more
Warren Buffett donated $2.8 billion of stock to charities, led by the Bill & Melinda Gates Foundation, after praising the couple for committing more of their time to philanthropy than other billionaires, including himself. more
Three projects will be recognized with Doris Duke Historic Preservation Awards this year, including the restoration of the Audrain Building on Bellevue Avenue, now home to the Audrain Auto Museum. more
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