Updated July 3 at 9:03pm
Economic Activity
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Rhode Island woke up on New Year’s Day 2015 with a groaning hangover from years of wallowing in bad economic news. Standing by the bedside was an energetic, dark-haired woman holding a spoon and big, old-fashioned medicine bottle. How bad would it taste? more
Pawtucket Red Sox president James J. Skeffington spent the last few days making the political rounds, visiting city and state leadership to lay out the details of his plan to build a … more
(Updated, 3:44 p.m.) The state Public Utilities Commission on Tuesday unanimously approved a proposed electricity rate increase, which will be divvied up as a monthly rate hike throughout the year for residential customers, while a 10 percent deferral is slated for commercial customers. more
FM Global has pledged $1 million to support construction of the University of Rhode Island’s proposed College of Engineering facility, a plan for which funding is included on the Nov. 4 ballot. more
Rhode Island’s jobless rate for May dipped below 6 percent, to 5.9 percent, for the first time since 2007, the state Department of Labor and Training reported Thursday. more
A zoning change paving the way for construction of a 17-story hotel and apartment tower on Federal Hill may be wiped off the map even faster than it was granted. more
An index of Rhode Island’s leading economic indicators increased 0.6 percent in August over July to 128.3. more
Royal Bank of Scotland Group Plc plans to remove its U.S. unit Citizens Financial Group Inc. from its balance sheet this year in one or two more share sales. more
(Updated 10:35 a.m. and 11 a.m.)Brown University may have had the largest endowment out of colleges and universities in Rhode Island in fiscal 2014, but Salve Regina University had the largest percentage gain at 17.3 percent. more
Rhode Island’s unemployment rate remained the highest of all New England states in November, but also experienced the greatest percentage point decline over the year. more
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