Saturday, November 15, 2025

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Economic Activity

Trump administration says SNAP will be partially funded in November

PROVIDENCE  (AP) – President Donald Trump’s administration said Monday that it will partially fund SNAP after two judges issued rulings requiring it to keep...

R.I., Mass. gas pump prices remain stable

PROVIDENCE – The average weekly price of self-serve, regular unleaded gasoline in Rhode Island remained at $2.92 per gallon. That price is 11 cents...

New Bedford seafood processing plant accused of extorting employees

NEW BEDFORD – Five employees are suing a seafood processing plant and its staffing agency for extortion, according to a lawsuit filed in U.S. District...

Judges order the Trump administration to use contingency funds for SNAP...

BOSTON (AP) – Two federal judges ruled nearly simultaneously on Friday that President Donald Trump’s administration must continue to fund SNAP, the nation’s biggest...

Prospect seeks bankruptcy judge’s permission to close Roger Williams, Fatima hospitals

Delays in the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital have led the owner of both hospitals to propose...

SEC filing of the week: Textron enters new credit agreement with...

PROVIDENCE – Textron Inc. has entered into a new credit agreement with JPMorgan Chase Bank N.A. that replaces its previous $1 billion, five-year deal...

Median home price in Bristol County, Mass., up to $525K in...

PROVIDENCE – The median price of single-family homes sold in Bristol County, Mass., increased to $525,000 in September, rising 5% from the same month...

Average long-term U.S. mortgage rate dips to 6.17%, its lowest level...

The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a...
GANNETT CO., the parent company of The Providence Journal and other local publications, reported a loss of $39.2 million in the third quarter of 2025, an down from the $19.7 million deficit it reported in the same period a year ago. / PBN FILE PHOTO/ARTISTIC IMAGES

ProJo parent posts $39M loss for third quarter

PROVIDENCE – Gannett Co., the parent company of The Providence Journal and other local publications, reported a loss of $39.2 million in the third...

Federal Reserve cuts key rate for second time this year

WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up...
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