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DLT: Alternate measures register higher unemployment in R.I.
Using alternate measures, Rhode Island’s state unemployment average could be considered 9.8, 10.2, 11 or 16.7 percent, according to a report released Friday by the R.I. Department of Labor and Training. more
Retirees’ incomes fall short in R.I., study finds
A new study has found that senior citizens’ incomes fail to meet a generally accepted threshold for comfortable living in nearly every state, with Rhode Island ranking third worst in the nation, consumer finance website Interest.com announced Monday. more
Home price index continues to rise in Prov. metro in March
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 1 percent from March 2012 to March 2013, according to CoreLogic’s Home Price Index. more
| 5/7/13
Trinity Rep named R.I. state theater
The General Assembly has named the Trinity Repertory Co. the state theater of Rhode Island in honor of its 50th anniversary, the theater company announced Tuesday afternoon. more
Gas prices rise 2 cents per gallon in R.I., Mass.
Both Rhode Island and Massachusetts drivers saw gasoline prices rise 2 cents this week, the third consecutive week of increases after a nine-week decline, AAA Southern New England reported Tuesday. more
| 5/28/13
Brown names Savitz VP of research
Brown University has named David Savitz, currently professor of epidemiology in the Brown School of Public Health and professor of obstetrics and gynecology in the Warren Alpert School of Medicine, as its new vice president of research. more
| 5/8/13
Customers Bank earns top marks on Bank Director list
Bank Director magazine has awarded Customers Bank high rankings in two categories of the magazine’s 2013 Growth Leaders Ranking list, the bank announced Monday. more
Foreclosures fall in Prov. metro in April, but more to come in R.I.
April foreclosure starts in the Providence-Fall River-New Bedford metropolitan area dropped 7.8 percent, and completed foreclosures fell 32.5 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 5/9/13
Customers increases public offering amount to $90M
Customers Bancorp Inc., parent company of Customers Bank, has increased its previously announced offering of $75 million of common stock to $90 million, the bank announced Wednesday. more
Report: Housing crisis hit harder in communities of color
Providence communities lost more than $200 million in wealth due to the foreclosure crisis in 2012, according to the “Wasted Wealth” report from the Alliance for a Just Society. more
| 5/28/13
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