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The foreclosure inventory in Rhode Island dropped slightly from March 2012 to March 2013 to 3.1 percent, CoreLogic reported Tuesday. This means that 3.1 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
Rhode Island Gov. Lincoln D. Chafee said he will sign a bill legalizing same sex- marriage as soon as this week, providing an economic boost to the state and a resolution of an issue whose “time had come.” more
U.S. stocks rose, with the Standard & Poor’s 500 Index heading for its sixth straight month of gains, as pending sales of homes climbed amid optimism central banks will maintain stimulus plans. more
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
More Americans than forecast signed contracts in March to buy previously owned homes, another indication of progress in the housing market. more
Gasoline prices in the Ocean State fell 2 cents this week in the eighth consecutive week of price declines, AAA Southern New England reported Monday. more
Banco Santander SA, Spain’s biggest bank, named Javier Marin as its new CEO, turning to a leader from a younger generation after Alfredo Saenz resigned. more
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated, signaling the biggest part of the economy will soften this quarter. more
Massachusetts’ real gross state product increased at a 3.9 percent annualized rate during the first quarter, according to the Current Economic Index released Friday by MassBenchmarks. more
Exceptional women from Rhode Island businesses in six industry categories, as well as a leading career achiever and an outstanding mentor, were chosen for Providence Business News’ sixth annual Business Women Awards program. more
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