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The Securities and Exchange Commission will not take any action following its investigation of the Rhode Island pension system’s disclosures and statements, General Treasurer Gina M. Raimondo announced Tuesday. more
Rhode Island’s unemployment rate was unchanged in June at 8.9 percent after an increase of 0.1 percentage points in May broke 10 consecutive months of declines, the R.I. Department of Labor and Training said Thursday. more
A state audit commissioned by Gov. Lincoln D. Chafee found that the Renewable Energy Development Fund run by the R.I. Economic Development Corporation mismanaged grant money, failed to adequately monitor or report grants and in some cases overpaid grant recipients, Associated Press reported. more
In a recent e-mail, MedMates asked its membership for its opinion on whether or not to have the fledgling organization consider renting lab space in a proposed state-of-the art lab building in Providence. more
Local teen Nicholas Lowinger has been selected as one of 10 winners from across the country of the Kohl’s Cares Scholarship Program, which awards $10,000 each to youth who have spearheaded volunteer initiatives, Kohl's Department Stores announced Wednesday. more
Four hospitals in Rhode Island will receive an additional $5.75 million in Medicare payments, the state’s congressional delegation announced Wednesday. more
Claims for jobless benefits unexpectedly dropped to the lowest level in more than five years, extending swings typical for the month of July. more
The economy in the U.S. grew more than projected in the second quarter reflecting an unexpected pickup in inventory building as consumer spending cooled. more
The state unemployment rate edged up in July, though it remains lower than July of last year, according to a report released Thursday by the R.I. Department of Labor and Training. more
Purchases of new U.S. homes plunged in July by the most in more than three years and previous months were revised down, a sign that growth in the industry may be taking a pause as mortgage rates rise. more
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