R.I. sets $118M bond sale with distressed cities
NEW YORK - Rhode Island plans to sell $118.5 million of general-obligation bonds as fiscal strains have led to downgrades for cities - including...
Fitch rates R.I.’s outlook ‘stable’
NEW YORK – Rhode Island landed an “outlook stable” grade from Fitch Ratings.
The global rating agency assigned an “AA” rating to $96.35 million...
All of R.I. may be ‘critical status’
PROVIDENCE – The ‘60 percent critical status’ test for Rhode Island cities and towns that is a part of Gov. Lincoln D. Chafee’s pension...
Municipal pension panel appointments announced
PROVIDENCE – The members of the 14-person panel charged with reviewing and making recommendations for the administration of municipal pensions were named on Friday.
Gov....
Mayors look to Assembly for relief
When Central Falls declared bankruptcy last year, Pawtucket Mayor Donald R. Grebien knew those expecting the fiscal illness to spread to other communities in...
Gina Raimondo math convinces Rhode Island of America’s prospects
BOSTON - Gina M. Raimondo was running a Rhode Island venture-capital firm in Providence when the mother of two read with alarm that a...