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Economy

THE NFIB's Small Business Optimism Index posted its largest month-to-month decline in the index's history from February to March. / COURTESY NATIONAL FEDERATION OF INDEPENDENT BUSINESSES

NFIB: Small-business optimism index declines by record amount

PROVIDENCE – The National Federation of Independent Businesses’ Small Business Optimism Index fell 8.1 points in March to 96.4, the largest monthly decline in...
PROVIDENCE MAYOR JORGE O. ELORZA touted the accomplishments his administration has overseen in his "State of the City" address on Monday night. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Providence shuts down parks, golf courses

PROVIDENCE – The city is shutting down parks, trails, golf courses and other public spaces after reports of crowds gathering over the weekend, Mayor...
THE R.I. STATE Council on the Arts announced Tuesday it launched the Artist Relief Fund to support artists impacted by the COVID-19 pandemic.

RISCA launches fund to support artists impacted by pandemic

PROVIDENCE – Artists who are in financial dire straits due to the ongoing COVID-19 pandemic could receive some financial support in the form of...
THE NUMBER of Rhode Islanders filong for Unemployment Insurance reached 99,526 as of Monday. / AP FILE PHOTO/ STEVEN SENNE

COVID-19-related UI filings approach 100K in R.I.

PROVIDENCE – The number of individuals filing for unemployment insurance in the state due to the COVID-19 pandemic reached 99,526 on Monday, according to...
PRIOR TO THE IMPACT of the COVID-19 pandemic, the number of available U.S. jobs fell modestly in February to 6.9 million, down from 7 million in January. / AP FILE PHOTO/NAM Y. HUH

U.S. employers posted solid job openings before virus shutdowns

WASHINGTON (AP) – United States employers posted a healthy number of job openings in February, evidence that the job market was in decent shape...

Stepping Up: Rhody Tees pays it forward with small-business support program

CRANSTON – Jose Castellanos is no stranger to struggle. From his upbringing in the Dominican Republic, a place he characterized by a lack of opportunity...
RHODE ISLAND's home price index increased 4.9% year over year in February. / AP FILE PHOTO/ROGELIO C. SOLIS

R.I. HPI grows 4.1% in Feb.

PROVIDENCE – The home price index for a single-family home in Rhode Island increased 4.9% year over year in February,  faster than the national...
RHODE ISLAND KIDS COUNT'S latest Factbook, released Tuesday, stated that about 18% of children ages 18 and younger lived in poverty, which increased by a little more than 1% from 2017.

R.I. KIDS COUNT: Annual Factbook shows slight increase in child poverty,...

PROVIDENCE – After back-to-back years of decreases in the amount of children living in poverty, Rhode Island saw a slight increase in 2018, Rhode...

R.I. Bankers Association: Majority of members accepting PPP applications

PROVIDENCE – While national banks have struggled with the rollout of a fast-moving federal loan program designed to help small businesses cover payroll expenses,...

Five Questions With: Scott Sheppard

Scott Sheppard is senior vice president of retail banking for Centreville Bank. He previously served five years as Centreville’s vice president of commercial lending...

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R.I. COVID-19 cases increase to 1,450 | Superior Court approves new program for businesses to stay collections, evictions