Updated May 23 at 11:16am
Local News
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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
Gas prices in Rhode Island and Massachusetts dropped another 4 cents this week, according to the weekly survey by AAA Southern New England. more
U.S. stocks fell, after the Standard & Poor’s 500 reached a record on July 24, as home sales declined and investors watched overseas crises before this week’s Federal Reserve policy decision. more
Mark Stewart has been appointed the new state director of the R.I. Small Business Development Center, Stewart told Providence Business News Monday. Stewart, who was previously director of the Small Business Center at Halifax Community College in Weldon, N.C., began his job in Rhode Island in June. more
The Fogarty Center is working to merge with Ocean State Community Resources Inc., a process that will be complete by January 2015. more
Exports from Rhode Island rose 15.6 percent in May compared with a year earlier, climbing to $190.4 million from $164.7 million in May 2013, according to an e-forecasting.com report released Monday. more
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