Monday, January 18, 2021


Economic Activity

NEW TASKS: Alexandria Kitsilis Cardoso, left, and Christine Kitsilis, co-owners of Angelo’s Palace Pizza in Cumberland, prepare food in the kitchen. Restaurant employees were cross-trained to become delivery drivers or cooks to keep them working when dining room sales dropped due to the COVID-19 pandemic. / PBN PHOTO/MICHAEL SALERNO

R.I. job market could take years to recover

Economists foresee a long, slow rebuilding period following the devastation of the COVID-19 pandemic, with the replacement of lost jobs in Rhode Island taking...
Niamh Perreault

Companies can win big by thinking small

I’m a huge fan of Rhode Island. Growing up in a small, close-knit part of the world such as Northern Ireland drew me to...

5Q: Scott Pray

Scott Pray | President, D.F. Pray Inc. 1. What are some of the notable projects that D.F. Pray is involved in in Rhode Island...

Providence Community Health Centers to open new center in Olneyville

PROVIDENCE – Providence Community Health Centers continues to expand its footprint, and will open its ninth health center in 2022. The organization plans a groundbreaking...
THE U.S. TRADE DEFICIT jumped to $68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports. / AP FILE PHOTO/TED S. WARREN

U.S. trade deficit jumps to $68.1B in Nov.

WASHINGTON (AP) – The United States trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge...

U.S. unemployment claims slip to still-high 787,000

WASHINGTON (AP) – The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of...

PUA, COVID-19 unemployment filings rise in R.I.

PROVIDENCE – COVID-19-related unemployment insurance filings in Rhode Island rose by 7,120 last week, up from 6,041 one week prior, the R.I. Department of...
BANKRUPTCY FILINGS in Rhode Island totaled 1,414 in 2020, a decline from 2,038 one year prior. / PBN GRAPHIC/CHRIS BERGENHEIM

R.I. bankruptcy filings decline 30.6% in 2020

PROVIDENCE – There were 1,414 bankruptcy filings in Rhode Island in 2020, a 30.6% decline from 2,038 one year prior, according to data from...
THE PROVIDENCE METRO unemployment rate in November was 6.8%, according the U.S Bureau of Labor Statistics. / PBN FILE PHOTO/CHRIS BERGENHEIM

Providence metro unemployment rate hits 6.8% in November

PROVIDENCE – The nonseasonally adjusted unemployment rate in the Providence-Warwick-Fall River metropolitan area was 6.8% in November, a rise from 6.5% one month prior...

JPMorgan Chase: liquidity, digitization top priorities for business leaders

PROVIDENCE – While optimistic for increased revenue and sales in 2021, liquidity remains a top priority for small and midsized businesses amid continued economic...

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