Updated August 27 at 12:31am
Economic Activity
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U.S. Sen. Jack F. Reed announced Friday $9.3 million in federal funding from the U.S. Department of Transportation to reduce jet noise affecting residents living near T.F. Green Airport. Of the $9.3 million, $887,032 is expected to help to voluntarily acquire three homes impacted by aircraft noise. An additional $8,435,954 will provide sound insulation mitigation to airport-area residences. more
The U.S. job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies. more
During this year’s Rhode Island International Film Festival, the 20th annual celebration, the weeklong programming will once again include the Rhode Island Film Forum. more
Richard McIntyre, chair of the University of Rhode Island economics department, was recently named the prestigious Visiting Chair of the Americas fellow at the Institut des Ameriques in Rennes, France. What influenced you to focus your … more
Research/Photography: Providence Business News/Nicole Dotzenrod Map: Providence Business News/Lisa Lagreca more
A week’s evidence that the U.S. economy’s ill health has been overstated and dovish talk from the Federal Reserve combined to briefly catapult the S&P 500 Index above its May 2015 record close, leaving stocks on the brink of ending their longest drought of the bull market. more
(Updated, July 8, 9:53 a.m.) The renewable energy giant SolarCity on Thursday announced plans to hire up to 80 new employees in the wake of newly enacted legislation that promotes the expansion of alternative energy in Rhode Island. more
Economists tend to shy away from attaching too much significance to any one piece of data. But in this environment, with this jobs report, hyper-scrutiny may be warranted. more
Filings for U.S. unemployment benefits unexpectedly declined last week to the lowest level since mid-April, signaling labor market stability amid a shaky global economy. more
The Rhode Island Association of Realtors recently donated a medical transport vehicle to the Boys and Girls Club of Newport County. more
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