Updated May 6 at 1:06pm
Economic Activity
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The six boats competing in the Volvo Ocean Race are expected to arrive in Newport tonight sometime after 8. more
An $862,800 grant from the National Endowment for the Arts will support the Rhode Island State Council on the Arts and other arts organizations. more
Payrolls at companies in the U.S. rose in April at the slowest pace in more than a year, a sign labor market gains may be moderating along with the economy. more
Gov. Gina M. Raimondo and other dignitaries officially opened Race Village for the Volvo Ocean Race Stopover at Fort Adams State Park late Tuesday afternoon. more
KG Urban has submitted financial details for its casino proposal to the Massachusetts Gaming Commission. Application details were due Monday. more
Service industries such as real-estate firms and restaurants unexpectedly grew at a faster pace in April as the biggest part of the U.S. economy picked up after a weak start to the year. more
Rhode Island’s average home price in March was 29 percent less than it was at the peak recorded in October 2005, according to CoreLogic. more
Nortek Inc. widened its first-quarter loss to $13.9 million, which is $5.3 million more than it reported during the year-ago first quarter. more
The U.S. trade deficit widened in March to the highest level in more than six years, fueled by a record surge in imports as commercial activity resumed at West Coast ports following a resolution to labor disputes. more
For the third week in a row, gasoline prices in Rhode Island increased, jumping another 7 cents to $2.61 per gallon for self-serve, regular unleaded, according to AAA Northeast. more
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