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The older affluent are opting to downsize, compared with the vast
swaths of square footage some of their younger counterparts
of means are after – 23 percent of them want at least 20,000. / Source: Luxury Portfolio International

Survey: Rich millennials want huge luxury homes

A new generation of affluent homebuyers powered by a surge in inherited wealth is driving the luxury-home market, demanding larger spaces and fancier finishes,...

Bitcoin’s rivals are multiplying in battle for dominance

It’s getting tougher and tougher to keep track of all the different versions of bitcoin. New iterations of the cryptocurrency are multiplying as disagreements over...

A net neutrality compromise? It could happen.

Are you ready for another thrilling fight over network neutrality? It’s coming. Ajit Pai, the chairman of the Federal Communications Commission, plans to dismantle rules...
ATTORNEY GENERAL Peter F. Kilmartin warned Rhode Islanders to be vigilant with their credit lines follwing a massive data breach that exposed one-third of all Americans' personal data. / PBN FILE PHOTO/MICHAEL SALERNO

Kilmartin urges caution following Equifax data breach

PROVIDENCE – R.I. Attorney General Peter F. Kilmartin addressed the Equifax Inc. data breach Friday, advising Rhode Island consumers to check and watch their...
SENATE MAJORITY LEADER Mitch McConnell, a Republican from Kentucky, walks to his office from the Senate Chamber following a vote at the Capitol in Washington, D.C.

Obamacare repeal collapses as Senate GOP blocks health bill

WASHINGTON – A months-long effort by Senate Republicans to pass health legislation collapsed early Friday after GOP Sen. John McCain joined two of his...

Less-stressful tests seen boosting bank payouts

After seven annual exercises in which at least one U.S. bank failed, all of the nation’s 34 largest lenders will probably pass this year’s...

Senate GOP may preserve some of Obamacare

Republican senators plan to write a health care bill that could be radically different from the one recently passed by the House, including keeping...

Trump fires FBI Director James Comey on Sessions’ recommendation

WASHINGTON – President Donald Trump fired FBI Director James Comey late Tuesday on the recommendation of the attorney general and his top aide, who...
A CORPORATE TAX CUT for New Haven, Conn.-based Alexion Pharmaceuticals was approved by the R.I. Economic Development Corporation Monday Night for the company's Smithfield location. / COURTESY ALEXION PHARMACEUTICALS

Alexion raided by Brazilian police in sales investigation

BRASILIA, Brazil - Alexion Pharmaceuticals Inc.’s Sao Paulo offices were raided by Brazilian authorities Monday as part of an investigation into the drugmaker’s sales...

Small, midsize bizs benefit most from Trump tax plan

President Donald Trump promised companies a “massive” tax cut. Businesses aren’t likely to benefit equally, however. Small and especially midsize companies stand to gain the...
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