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Economic Development
May 21
By Lindsay Lorenz |
Valois confirmed as RIEDC leaderMarcel A. Valois, Gov. Lincoln D. Chafee’s nominee to lead the Rhode Island Economic Development Corporation, was unanimously confirmed by the Rhode Island Senate Tuesday. |
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Manufacturing
May 21
By PBN Staff
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Manufacturing project to unveil findings, database at Bryant summitUsing data mined from more than a thousand manufacturers from across the state, leaders of the Rhode Island Manufacturing Renaissance Project will unveil its findings on Wednesday, along with the state’s first comprehensive database of manufacturers in the state. |
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Housing
May 21
By Lindsay Lorenz |
Mortgage settlement gives 2,000 R.I. homeowners reliefAs of March 31, more than 2,000 homeowners in Rhode Island have received some type of relief through the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced Tuesday. |
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Innovation
May 21
By PBN Staff
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Building Futures wins Workforce Board’s innovation awardBuilding Futures, a program of The Providence Plan, was named the 2013 winner of the Governor’s Workforce Board’s Innovation Award. |
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Economic Indicators
May 21
By Sofia Horta e Costa and Inyoung Hwang |
U.S. stock futures little changed as investors weigh stimulusU.S. stock futures were little changed, after the Standard & Poor’s 500 Index slipped from its all-time high yesterday, as investors weighed the possibility that the Federal Reserve will scale back its stimulus program. |
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Economic Indicators
May 20
By John Detrixhe |
U.S. faces downgrade in 2013 without budget deal, Moody’s warnsU.S. policymakers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest budget projections are “credit positive,” according to Moody’s Investors Service. |
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Economic Indicators
May 20
By PBN Staff
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Providence named 2nd most expensive city by NerdWalletPersonal finance website NerdWallet.com said Rhode Island’s capital city was the second most expensive in the United States, according to its “Quarter Pounder Index,” a basic cost-of-living guide that uses the price of a McDonald’s quarter pounder with cheese to gauge the cost-of-living differences between U.S. cities. |