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Court-ordered settlement talks between the state and Rhode Island public employees and retirees over cuts in pension benefits have broken down, sending the dispute to trial, both parties in the case said Friday. more
Consumer confidence rose in April to the highest level since July, boosted by further improvement in the labor market that will provide some traction for the economy after a weather-related slowdown early this year. more
While New England’s unemployment rate as a whole remained relatively stable in 2013, Rhode Island’s rate was the highest in the region and among the highest nationally, according to U.S. Bureau of Labor Statistics data released on Friday. more
Investment strategies that use computer models to decide when to buy and sell securities based on historical market trends are usually unsupported scientifically because of back-testing … more
Producer prices in the U.S. rose more than forecast in March, led by the biggest gain in the cost of services in four years. The 0.5 percent advance in the producer-price index was the biggest since June. more
Seven Rhode Island physicians are among 4,000 doctors and organizations nationwide who received at least $1 million in Medicare reimbursements in 2012, according to an unprecedented and controversial set of data released this week. more
The price for a gallon of gasoline averaged $3.53 in Rhode Island for the first three months of 2014, according to an analysis by GasBuddy.com. more
Rhode Island officials have reached an agreement with most of the state’s public employee unions on a new four-year contract, Gov. Lincoln D. Chafee announced Thursday. more
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, showed more growth in the state’s private-sector employment during the fourth quarter of 2013 than originally estimated. After analyzing tax data from 32,000 businesses, the DLT now estimates the number of Rhode Island-based jobs for December to be 473,300 – 2,100 more than the original estimate of 471,200. more
A Rhode Island film company has secured a deal with Screen Media Films and Universal Studios to produce 10 new motion pictures – including the thriller “Almost Mercy,” currently in pre-production – for on-demand video release reaching more than 100 million households, according to a release from Gov. Lincoln D. Chafee’s office. more
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