Updated February 22 at 12:45pm
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Rhode Island’s unemployment rate held steady at 5.4 percent in March for the fourth consecutive month, the state Department of Labor and Training said Thursday. more
Wheaton College’s series 2010 bonds have been downgraded from A3 to A2 by Moody’s Investors Service, which cited “fundamental challenges in its student market” as the reason. more
Rhode Island is the ninth-most-expensive state for child care in the nation, according to the Economic Policy Institute. more
Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. more
The number of Americans filing applications for unemployment benefits unexpectedly declined last week to match a more than 42-year low, indicating employers are upbeat about an economy that bogged down in the first quarter. more
The cost of living in the U.S. excluding food and fuel rose less than forecast in March, bearing out Federal Reserve Chair Janet Yellen’s forecast that the recent pickup would prove fleeting. more
A Victorian-era house at 46 Nayatt Road, overlooking Narragansett Bay, sold recently for $1.48 million, according to Residential Properties Ltd. more
Ethan Allen has moved its Design Center from Warwick to Garden City Center in Cranston. The 6,000-square-foot retail center includes an open floor plan with design stations and six large touchscreens that allow customers to work directly on projects. more
The two Democratic candidates competing for the party’s presidential nomination have started opening offices in Rhode Island, preparing for the state’s April 26 primary election. more
One Financial Plaza has become a more attractive place to eat lunch at the desk. The 28-story office building, home to Santander Bank and Merrill Lynch, this week welcomed Fooda, a company that brings a different restaurant to the workplace every day. more
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