Updated October 25 at 9:25am
Local News
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Rhode Island’s rental vacancy rate was 4.9 percent in the fourth quarter, a drop from 6.2 percent in fourth quarter 2014, according to apartmentlist.com. more
Passenger traffic fell slightly last year at T.F. Green Airport, but increased for the month of December, according to the R.I. Airport Corp. more
Revenue was 2 percent higher than expected through the first six months of the fiscal year and was boosted by gains in personal income tax and lottery collections, the state Department of Revenue said this week. more
Foreclosure rates in the Providence-Warwick metropolitan area increased over the year by 0.07 percentage points in November to 1.76 percent, CoreLogic said Friday. more
Santander Consumer USA Holdings Inc. is close to selling about $1 billion of unsecured consumer loans that it bought from LendingClub Corp., according to three people with knowledge of the matter. more
The U.S. economy expanded at a slower pace in the fourth quarter as households tempered spending and businesses cut back on capital investment and made further adjustments to inventories. more
A new electric vehicle incentive program to spur electric vehicle use by Rhode Islanders was unveiled Friday by officials at the 2016 Northeast International Auto Show at the Rhode Island Convention Center. more
The Federal Reserve said it will analyze in its annual stress tests how 33 large banks, including Bank of America Corp. and JPMorgan Chase & Co., would withstand a severe global recession, a doubling of the U.S. unemployment rate to 10 percent and moderate deflation. more
A $1.45 million settlement has been reached between the University of Rhode Island and its insurance carrier with the family of a University of Rhode Island baseball player who died three days after a “strength and conditioning” team workout on the campus in October 2011. more
A revised proposal for RhodeWorks that takes into account additional federal funds for transportation, and which eliminates a reliance on toll-backed revenue bonding, will be introduced Thursday, according to legislative leaders and Gov. Gina M. Raimondo. more
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