Updated July 28 at 10:28am
Economic Activity
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“Minority and small businesses in the urban core have generally found it difficult to access commercial loans,” said Lisa Ranglin, Rhode Island Black Business Association president. more
Federal Reserve Bank of Boston President Eric Rosengren said encouraging U.S. economic data coupled with emerging signs of risk taking by some investors make it appropriate for the central bank to consider raising interest rates as soon as next month, while moving gradually thereafter. more
Rhode Islanders are largely divided on whether the state should assess a toll on large trucks to pay to fix the state’s roads and bridges, although the opposition is more certain than those in favor. more
(Updated, 5:55 p.m.) In an inaugural study of Rhode Island’s clean-energy industry, the state is recommending a number of steps be taken to help further expand the sector. more
Self-serve, regular gasoline prices stayed the same this week in Rhode Island, while they rose 1 cent in Massachusetts, AAA Northeast said Monday. more
Johnson & Wales University has purchased the former Club Karma at 101 Richmond St. for $1.6 million. more
(Updated 3:32 p.m.) Rhode Island’s jobless rate fell to 5.6 percent in August, a two-tenths of a percentage point drop from July and 1.8 percentage point decline from August 2014, the state Department of Labor and Training reported on Thursday. more
Rhode Island falls in the middle of the pack when it comes to managing money, according to a new CreditCards.com analysis. more
The Rhode Island unemployment rate for January dropped by a tenth of a percentage point to 5.3 percent compared with December, even as the number of jobs in the state fell, according to the R.I. Department of Labor and Training. more
A design and ceramic production studio recently moved from Los Angeles to Providence, buying a historic mill building in the Olneyville section at 46 Dike St. more
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