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THE NFIB's Small Business Optimism Index posted its largest month-to-month decline in the index's history from February to March. / COURTESY NATIONAL FEDERATION OF INDEPENDENT BUSINESSES

NFIB: Small-business optimism index declines by record amount

PROVIDENCE – The National Federation of Independent Businesses’ Small Business Optimism Index fell 8.1 points in March to 96.4, the largest monthly decline in...
THE NUMBER of Rhode Islanders filong for Unemployment Insurance reached 99,526 as of Monday. / AP FILE PHOTO/ STEVEN SENNE

COVID-19-related UI filings approach 100K in R.I.

PROVIDENCE – The number of individuals filing for unemployment insurance in the state due to the COVID-19 pandemic reached 99,526 on Monday, according to...
PRIOR TO THE IMPACT of the COVID-19 pandemic, the number of available U.S. jobs fell modestly in February to 6.9 million, down from 7 million in January. / AP FILE PHOTO/NAM Y. HUH

U.S. employers posted solid job openings before virus shutdowns

WASHINGTON (AP) – United States employers posted a healthy number of job openings in February, evidence that the job market was in decent shape...
1617 Mineral Spring Ave. (1974)
OWNER: Pawtucket Credit Union
TENANT: Pawtucket Credit Union

Local lenders scramble to process surge of SBA loan applications

PROVIDENCE – Questions continue to emerge as local lenders scramble to keep up with the flood of applications pouring in from small businesses seeking...
THE AVERAGE price of regular gas in Rhode Island declined 9 cents week to week to $2.08 per gallon Monday. / AP FILE PHOTO/JOHN RAOUX

R.I. gas prices decline 9 cents from last week

PROVIDENCE – The average price of self-serve, regular gas in Rhode Island declined 9 cents from one week prior to $2.08 per gallon, 16...
MIXED-USE: Pictured in the rendering are an indoor sports center, a 200-room hotel and a conference center at the site of the former Apex building in Pawtucket as part of a $400 million mixed-use development by Fortuitous Partners. The project includes a 7,500-seat soccer stadium, which can be seen at the top right. / COURTESY NEW HARBOR GROUP

Project partners agree to extension on Pawtucket soccer stadium project

PAWTUCKET – The city and the developer will need more time before finalizing a deal on the $400 million soccer stadium development planned for...

Stepping Up: Woonsocket manufacturer producing high volumes of hand sanitizer for...

WOONSOCKET – Aidance Scientific, a manufacturer of topical medications, has jumped into a gap that is frustrating many business owners in Rhode Island –...
R.I. GENERAL TREASURER Seth Magaziner penned a letter to Rhode Island's lenders, urging them to process Paycheck Protection Program loan applications for all qualified small businesses in Rhode Island, not just for existing customers. / PBN FILE PHOTO/MICHAEL SALERNO

Magaziner: Lenders shouldn’t turn away ‘orphaned’ businesses from $349B emergency program

PROVIDENCE – R.I. General Treasurer Seth Magaziner is urging Rhode Island banks, credit uniosn and other lenders to stop turning away some small businesses...
UNEMPLOYMENT claims due to COVID-19 in Rhode Island passed 87,000 as of Thursday. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

COVID-19-related unemployment claims keep climbing, reach 87K

PROVIDENCE – Unemployment insurance claims due to COVID-19 in Rhode Island increased by 3,776 Thursday, to 87,258 since March 9, according to the R.I....
UNITED STATES employers cut 701,000 jobs because of COVID-19 in March.. / AP FILE PHOTO/PAUL SANCYA

U.S. sheds 701K jobs, ending a record-long hiring streak

WASHINGTON (AP) – A record-long streak of United States job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs...

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