(Updated 11:43 a.m. to reflect corrected information)
The state pension investment fund lost approximately $471 million in fiscal 2016, marking a 5.9 percent reduction to $7.5 billion compared with fiscal 2015.
At the end of a trip home to see the family, even an employed millennial is occasionally slipped some cash from a loving, if somewhat concerned, parent. But in a couple years, many of those on the receiving end expect those roles to be reversed.
Capital Properties, which owns a significant part of the Capital Center Special Development District in Providence as well as a petroleum storage facility in East Providence, reported increases in net income and revenue in the second quarter that ended June 30.