Updated April 25 at 4:56pm
Local News
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Hotel tax collections in Rhode Island increased year over year in May for the first time since January, climbing 17.5 percent to $270,851 from $230,579 in May 2013, the R.I. Department of Revenue reported Tuesday. more
Rhode Island Housing on Tuesday announced the launch of the agency’s FirstHomes Tax Credit program designed to help first-time homebuyers save as much as $2,000 annually on mortgage costs. more
Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy. more
One week after announcing an agreement to sell the Providence Journal to New Media Investment Group Inc., A.H. Belo Corp. reported second-quarter net income of $22 million, more than 18 times the profit of the same year-earlier period, thanks in large part to an $18.5 million investment gain. more
The dean of the University of Rhode Island College of Arts and Sciences has appointed Adam David Roth as interim director of the Harrington School of Communication and Media as the school prepares to embark on a national search for a permanent director. more
The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market. more
Sensata Technologies Holding N.V. reported second-quarter net income of $63.9 million, or 37 cents per diluted share, more than three times the $20.4 million, or 11 cents per diluted share, reported for the same period last year. more
Sales of single-family homes in Massachusetts posted a year-over-year increase in June for the first time since January, real estate data tracking firm The Warren Group reported Tuesday. more
The Centers for Medicare & Medicaid Services has awarded a $53 million contract to nonprofit health care agency Healthcentric Advisors, the federally designated Quality Improvement Organization for Rhode Island. more
The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported. more
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