Economic Activity
938 results total, viewing 751 - 760
The U.S. Bureau of Ocean Energy Management will auction off leases for offshore wind energy projects on July 31, with Providence-based Deepwater Wind one of nine energy companies that have qualified for the two blocks to be leased, according Executive Director of Rhode Island’s Coastal Resources Management Council Grover Fugate. more
Derrick Bulaich locked in a home- loan rate of 4.6 percent last week, prompted by a surge in borrowing costs as investors speculated the Federal Reserve would pull back from bond buying. Bulaich, who said he wishes he’d acted sooner, still plans to complete the purchase today of the four-bedroom Sacramento home because values in the city remain 42 percent below their 2005 peak despite recent gains. more
Rhode Island’s unemployment rate rose slightly to 8.9 percent in May after 10 consecutive months of declines, the R.I. Department of Labor and Training said Thursday. more
Standard & Poor’s Rating Services announced Thursday that R.I. Economic Development Corporation revenue bonds issued for 38 Studios LLC, former Red Sox pitcher Curt Schilling’s failed videogame company, will not be affected by the state’s decision to openly consider defaulting on the bonds, reported Reuters. more
Rhode Island demonstrated minimal improvement, and garnered mostly failing grades, in an annual Manufacturing and Logistics National Report from Ball State University’s Center for Business and Economic Research. more
More Americans than forecast filed applications for unemployment benefits last week, showing progress on reducing joblessness remains uneven amid slower growth this quarter. more
Foreclosure totals throughout the state in the first quarter of 2013 fell to their lowest first quarter numbers since 2009, affordable homes coalition HousingWorks RI in a new report on Thursday. more
Table gaming officially opened to the public at Twin River on Wednesday after a formal ribbon cutting ceremony at the entrance to the table games’ first-floor space this morning. more
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
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
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