Updated March 23 at 6:25am
Government
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Federal Reserve Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policymakers’ expectations. more
The R.I. State Police on Thursday released documents from the closed criminal investigation into 38 Studios LLC, a video game company that received a $75 million taxpayer-backed loan before filing for bankruptcy in 2012. more
The state-owned Cranston Street Armory will open its doors Friday morning for a walk-through that admirers hope will signal the beginning of its redevelopment. more
The fewest Americans in almost 44 years filed applications to collect unemployment benefits last week, indicating the job market continues to power forward. more
According to the state’s four-year high school graduation rate report, released Monday by the R.I. Department of Education, 2016 was the highest year on record for high schoolers graduating within four years of entering secondary schools. more
Cash collections increased 3.2 percent in January compared with January 2016, and grew 1.7 percent fiscal year over fiscal year, the R.I. Department of Revenue said Wednesday. more
More than a dozen Democratic state attorneys general urged House Republicans to end their legal fight with New York and Massachusetts over the states’ probes into whether Exxon Mobil Corp.’s public statements about climate change misled investors. more
The Ocean State continued to have one of the highest tax burdens out of any state in the country in fiscal 2014, ranking 13th highest per $1,000 of personal income and 14th highest per capita, according to the Rhode Island Public Expenditure Council’s annual report “How Rhode Island Revenues Compare: 2016 Edition.” more
(Updated 3:32 p.m.) The R.I. Commerce Corp. approved up to $9.1 million in incentives for job growth and real estate development on Monday. Commerce RI also announced its selection of three vendors that will execute the state’s upcoming tourism campaign, entering into agreements with NAIL Communications, the RDW Group and NJF, an MMGY Global company. more
The U.S. economy grew in the fourth quarter at a 1.9 percent pace, unchanged from an initial estimate, as slower investment by businesses and state and local agencies offset stronger household purchases. more
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