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An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose 1.1 percent in November to 124.8 from 123.5 in October. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors will be delayed almost two weeks after American International Group Inc. and other objectors asked a judge for a hearing to address loan modifications excluded from the accord. more
Rhode Island’s average unemployment rate for 2013 was 9.5 percent, according to revised data released by the R.I. Department of Labor and Training on Thursday. The yearly average came in eight-tenths of a percentage point lower than 2012’s average of 10.3 percent. more
(Updated, 5:30 p.m.) Fifty retired state employees and public school teachers have filed a lawsuit against the state of Rhode Island, objecting to their inclusion in the proposed class-action settlement of the state pension reform lawsuits. more
(Updated, 12:06 p.m.) Gov. Lincoln D. Chafee formally approved a new apprenticeship program for computer numerical control operators at the annual meeting of the Governor's Workforce Board at the Crowne Plaza Providence-Warwick hotel Thursday morning. more
The proposed transformation of a surface parking lot next to the Garrahy Judicial Complex on Dorrance Street into a seven-level parking garage will cost approximately $43 million, according to a report released Wednesday by a special legislative commission. more
Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, underscoring a brighter U.S. labor market that will help spur the economy. more
Quonset Development Corporation’s board of directors approved a lease option Tuesday for Cape Wind Associates LLC for property that could be used for staging components for the Massachusetts energy company’s planned 130-turbine wind farm in Nantucket Sound. more
(Updated, 9:55 p.m.) Rhode Island posted the fourth-highest percentage of tax revenue that came from tobacco taxes in the nation in 2011, according to a map released Monday by the Tax Foundation. more
A measure of job prospects in the U.S. advanced in August to a more than five-year high, a sign the labor market is improving. more
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