Ending housing programs would hurt recovery, Treasury says
WASHINGTON - Republican efforts to end Obama administration programs aimed at preventing foreclosures would destabilize the housing market, a U.S. Treasury official said.
Scrapping the...
Consumer prices in U.S. rose 0.5% in February
WASHINGTON - The cost of living in the U.S. climbed more than forecast in February, led by the highest food prices since 2008 and...
DOT gets money for E. Greenwich bridge
PROVIDENCE – Rhode Island has received $520,000 in federal money to repair a bridge in East Greenwich, the U.S. Department of Transportation announced last...
R.I. jobless rate ticks down to 11.2 percent as state adds...
PROVIDENCE – Rhode Island’s jobless rate edged farther downward in February, dropping one-tenth of a percentage point to 11.2 percent as the number of...
U.S. knows enough to go ahead with TV-airwaves purchase plan
WASHINGTON - U.S. officials don’t need to conduct studies broadcasters have advocated before moving toward repurposing television airwaves for smartphones, Federal Communications Commission Chairman...
Massachusetts calls Fidelity hearing over jobs
BOSTON - Fidelity Investments’s plan to move 1,100 jobs out of Massachusetts has prompted lawmakers to look into whether they can claw back tax...
Fed’s Parkinson says 30% of banks’ ratings unsatisfactory
WASHINGTON - Patrick Parkinson, the Federal Reserve’s chief bank regulator, said about 30 percent of U.S. banks have “less than satisfactory” supervisory ratings.
Parkinson, director...
Air Force sees up to four competitors for new helicopter program
WASHINGTON - As many as four companies may compete to build a new U.S. Air Force helicopter that would protect missiles and evacuate government...
IBM, Providence to collaborate on computerized land management system
PROVIDENCE – The city of Providence and IBM will work to develop a computerized land management system to develop the so-called Knowledge District of...
U.S. seeks bids for $2.4 billion in rail grants Florida rejected
WASHINGTON - States seeking money for high-speed rail projects will be allowed to compete for the $2.4 billion in grants that Florida rejected, U.S....
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