Updated July 29 at 5:29pm
Local News
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Rhode Island earned more failing grades for its business climate Tuesday, in a national ranking of small-business sentiment compiled by the website company Thumbtack Inc. more
A single parent of a baby and a child between the ages of 6 and 12 needs to make at least $62,693 a year, or $30.14 an hour, to cover basic expenses associated with raising a family in Rhode Island, according to the Economic Progress Institute. more
The University of Rhode Island has been awarded a $2.5 million grant to implement a health care workforce program that will lead to higher quality care for older patients, according to a news release. more
Social Enterprise Greenhouse has announced the launch of a food venture accelerator, which will offer training to food and agricultural businesses in Rhode Island and New England. more
New-home construction in the U.S. climbed in July to the highest level in almost eight years, indicating the industry will pick up in the second half of the year. more
Cash sales accounted for 32 percent of home sales in the Providence-Warwick metropolitan area in May, according to CoreLogic. more
The board that began overseeing the MBTA has signed off on an arrangement that the transit authority reached with Keolis Commuter Services to improve performance, the Boston Business Journal reported. more
Fewer Americans filed applications for unemployment benefits last week, a sign the U.S. labor market remained robust entering 2016. more
The most popular credit card in Rhode Island is a cash back rewards credit card, according to a study by NerdWallet. more
Home builders’ confidence in the U.S. climbed in August to the highest level in almost a decade, while manufacturing in one region slumped. more
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