Updated January 16 at 2:16pm
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Purchases of new U.S. homes increased in November to the second-fastest pace in almost nine years as the beginning of a spike in mortgage rates persuaded buyers to quickly sign contracts. more
Single-family home sales climbed nearly 17 percent year over year in November to 898, and the median sales price rose 11.4 percent to $245,000, the Rhode Island Association of Realtors said Friday. more
Consumer confidence jumped to the highest level since 2004, extending a surge in Americans’ optimism for their finances and the U.S. economy following Donald Trump’s election victory. more
U.S. consumers feel great, right? The presidential election is over. Talk of jobs and infrastructure spending, coupled with stock-market indices flirting with all-time highs, is stoking excitement for the future -- at least according to figures released Thursday that track Americans' economic expectations. more
FM Global, a commercial and industrial property insurer, has received an A+ (Superior) financial strength rating from A.M. Best, an insurance ratings company. more
(Updated 7:24 p.m.) Passenger traffic increased again at T.F. Green Airport in November, rising 2.4 percent to 308,158 from 300,812 a year ago. Year to date through November, passenger traffic climbed 2.6 percent to 3,363,495 from 3,279,966 during the same time period last year, the R.I. Airport Corp. said Thursday. more
State and federal environmental agencies on Thursday filed two lawsuits in the U.S. District Court of Rhode Island seeking financial relief from dozens of businesses, municipalities and federal agencies it says are responsible for the costs to clean up a defunct hazardous-waste site in Lincoln and Cumberland. more
As of November, Rhode Island has regained 92.5 percent of the jobs it lost during the recession, the state Department of Labor and Training said recently. more
Entrepreneurship for All, a Massachusetts-based accelerator, was awarded $420,000 to grow its economic-development model and expand into new markets. more
A $700,000 grant from the state has been awarded to the University of Rhode Island’s Institute for Integrated Health and Innovation to test the planning and implementation of a federally funded program that evaluates health care reform models. more
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