Sunday, September 13, 2026

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Economic Activity

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U.S. trade gap narrows in April by 6.2%

WASHINGTON – The nation’s imports of goods and services exceeded exports in April by $58.5 billion, narrowing by $3.9 billion or 6.2 percent from...
'RHODE ISLANDERS need a bold vision that offers long-term budget solutions,' said Lt. Gov. Elizabeth H. Roberts, but 'the governor's proposal for broad personnel cuts does not assure greater government efficiency.'   /

Broader restructuring is needed,<br> says Lt. Gov. Roberts

PROVIDENCE – Lt. Gov. Elizabeth H. Roberts offered a mixed response to the budget plan released yesterday by Gov. Donald L. Carcieri. To help close...
'I AM FULLY AWARE that I am placing the burden of resolving our state's financial future on the shoulders of our employees,' Gov. Donald L. Carcieri said in announcing plans to slash 1,000 state jobs, freeze wages and renegotiate benefits.  /

Carcieri calls for state wage freeze, layoffs

PROVIDENCE – Seeking to address a budget shortfall that ballooned recently by another $100 million, Gov. Donald L. Carcieri today said he would eliminate...
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R.I. economy grows 1.8% in 2006

WASHINGTON – Rhode Island’s real gross domestic product grew by 1.8 percent from 2005 to 2006 to $38.1 billion according to a report today...
THOMAS M. RYAN, CVS Caremark's chairman and CEO, said:  'We remain confident that we will achieve significant earnings growth in 2008 even without FEP's mail service program.' /

CVS Caremark wins $12B PBM contract renewal

WOONSOCKET – The Caremark Pharmacy Services division of CVS Caremark Corp. (NYSE: CVS) has been awarded a three-year renewal of its contract to provide...
ARTS AND CULTURAL nonprofits such as Trinity Repertory Company, above, and their audiences spent $11.8 million in Providence in 2005, the study found. /

Arts have big economic impact<br> on Providence

A new study by Americans for the Arts puts Providence as the No. 2 city in the nation sized 100,000 to 249,999 for the...
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2% of local CFOs anticipate 3Q hiring

PROVIDENCE – Two percent of chief financial officers across Rhode Island expect to add staff in the third quarter of this year, and 1...
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Cox completes EON optical network in R.I.

WEST WARWICK – Cox Communications today announced it has competed a multi-million dollar expansion of its fiber-optic-based broadband network in Rhode Island. The Extendable Optical...

Providence Equity completes sale of BlueStone TV

PROVIDENCE – Providence Equity Group has completed its sale of Witchita, Kan.-based BlueStone TV Holdings Inc. to Bonten Media Group LLC and its affiliates....

Lacker predicts ‘moderate’ U.S. growth

FREDERICK, Md. – Federal Reserve Bank of Richmond President Jeffrey Lacker, 51, told a gathering here that the U.S. growth rate will rebound this...
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