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Economy

 Elizabeth Canales

Food costs are high; will relief ever come?

From tomatoes and berries to lettuce and peppers, shoppers are feeling sticker shock in the produce aisle. Recent headlines have focused in particular on soaring...

No more delays on new bus hub selection

Prominent gubernatorial and Providence mayoral candidates all appear to agree it is time to move the city’s central bus hub out of Kennedy Plaza....
Kirk ­McClure

Despite bipartisan housing law, affordability will remain a problem

The sweeping housing measure that became law on July 11 is being widely celebrated as a crucial step in addressing the nation’s housing crisis....
JOYFUL SURVIVAL: Kim T. Clark shows off some of the wares in her Rhody Craft gift shop in Providence, which she started as a pop-up in 2008 to support her children after she was treated for cancer and while going through a divorce. 
PBN PHOTO/MICHAEL SALERNO

Pop-up turned gift shop firmly standing on Hope

Perusing the bright and colorful shelves of Rhody Craft LLC, it would be hard to imagine the desperate circumstances that catalyzed the Providence-based gift...

Historic Merchants Bank building in downtown Providence sells for $3.98M 

PROVIDENCE – The historic Merchants Bank building recently sold for $3.98 million, according to Sweeney Real Estate & Appraisal, which represented the seller.  The mixed-use...

Electric Boat lands $76.6B Navy submarine award

PROVIDENCE – General Dynamics Electric Boat has been awarded a pair of contracts from the U.S. Department of War totaling $76.6 billion to expand its...
NBA STAR Kawhi Leonard is a minority investor in the Rhode Island soccer stadium and the team Rhode Island FC, according to a report by WPRI-TV CBS 12. / PBN FILE PHOTO/JAMES BESSETTE

Report: NBA star Kawhi Leonard a minority investor in $137M R.I....

PAWTUCKET – NBA star Kawhi Leonard has been disclosed as a minority investor in the  $137 million, 10,000-seat soccer stadium along the Seekonk River and...

Dems ramp up TV ad spending in AG primary race

The television campaign in Rhode Island’s four-way Democratic attorney general primary is growing as a second candidate debuted ads Wednesday, while another reserved airtime...

RIPEC: Medicaid spending on the rise despite enrollment decline

PROVIDENCE – Already representing over one-third of the budget, state spending on Medicaid remains on an unsustainable trajectory, projected to increase nearly three times...
SENSATA TECHNOLOGIES Holdings PLC said Thursday that it recorded a profit of $102.1 million in the second quarter of 2026, up from $60.7 million in the same period a year ago. / COURTESY SENSATA TECHNOLOGIES HOLDING PLC

Sensata Technologies Q2 profit climbs to $102.1M

ATTLEBORO – Sensata Technologies Holdings PLC said Thursday that it recorded a profit of $102.1 million in the second quarter of 2026, up from...
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