Updated January 22 at 12:28am
Economic Activity
1588 results total, viewing 271 - 280
Mayor Jorge O. Elorza unveiled a $716.8 million operating budget for the upcoming fiscal year Wednesday, a spending package that includes reductions in the commercial and residential tax rates, and an increased exemption for auto excise taxes, but which will most likely result in increased taxes for many property owners due to rising assessments. more
A divided Federal Reserve left its policy rate unchanged for a sixth consecutive meeting, saying it would wait for more evidence of progress toward its goals, while projecting that an increase is still likely by year-end. more
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
RevUp by Betaspring recently announced the addition of three new companies to its portfolio and is looking to add a few more before year’s end. It said it is specifically looking to recruit from the Rhode Island market. more
Private equity firms better positioned to weather the prolonged slump in U.S. electricity markets are snapping up generators from risk-averse power companies. 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
Rhode Island is the 10th worst state to make a living, according to Forbes. more
Rhode Island single-family home sales jumped 8.9 percent in July, marking the 15th consecutive month of positive year-over-year sales growth, The Warren Group said Tuesday. 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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