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(Updated, 1:40 p.m.) The fiscal year of 2014 showed an uptick in hospitality and tourism spending in the Ocean State, as collections for both the 1 percent meal and beverage tax and the 1 percent hotel tax posted increases over fiscal 2013. more
Closed since last summer for a comprehensive inventory of about half of its collections, the Culinary Arts Museum reopens Tuesday at the Harborside campus of Johnson and Wales University featuring a new teaching lab and exhibit. more
This year’s Treasury market rally has been stronger than every economist surveyed by Bloomberg News predicted. more
The intense competition in commercial lending moves one notch higher in Rhode Island after Labor Day when Massachusetts-based BayCoast Bank opens an office in downtown Providence. more
Two Rhode Island firms have been named to Qualified Remodeler magazine’s Top 500 Remodelers of 2014 list, ranked by 2013 remodeling-gross sales. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
CBS Corp., owner of the most-watched U.S. television network, agreed to renew affiliation agreements for 12 stations owned by Lin Media LLC, helping the local-TV chain cement the terms of its takeover by Media General Inc. more
The economy in the United States expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years that bodes well for the rest of 2014. more
Despite a six-tenths of a percentage point decline in the percentage of Rhode Island homes with a mortgage in the foreclosure process from July 2013 to July 2014, the Ocean State lagged the nation, which saw foreclosure inventory fall eight-tenths of a percentage point to 1.7 percent. more
The Providence-Fall River-Warwick metro area added 500 construction jobs in July when compared with July 2013, a 2.3 percent gain for a total of 22,400, according to non-seasonally adjusted figures published by the Associated General Contractors of America Wednesday. more
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