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Economy

Lloyd Ocean

PBN 40 UNDER FORTY 2026 AWARDS LLOYD OCEAN | 36 Senior adviser, R.I. Executive Office of Commerce What is the biggest challenge facing your industry? Getting our...

Marc Boyd

PBN 40 UNDER FORTY 2026 AWARDS MARC BOYD | 34 Director of the Office of Equal Opportunity, Rhode Island Air National Guard What is the biggest challenge...

Christopher Durand

PBN 40 UNDER FORTY 2026 AWARDS CHRISTOPHER DURAND | 36 CEO, Rhode Island Public Transit Authority What is the biggest challenge facing your industry? Transit ridership is...

Pawtucket records highest-priced home sale at $1.31M

PAWTUCKET – A single-family home at 144 Marbury Ave. sold for a record $1.31 million, the highest-priced home sale in Pawtucket's history, according to...

Providence retinal disease treatment firm publicly launches

PROVIDENCE – Lyora Therapeutics, a Providence-based biotech company specializing in the treatment of hereditary retinal diseases, has officially launched publicly after operating in stealth for the past year.   Lyora’s portfolio...

Lardaro: R.I. appears to be headed out of economic recession

PROVIDENCE – The recession may be ending in Rhode Island, University of Rhode Island economist Leonard Lardaro said Thursday in his monthly Current Conditions...

R.I. federal judge denies Trump’s emergency stay request in asylum application...

A Rhode Island federal judge on Wednesday left intact his ruling from last month blocking the Trump administration’s freeze on processing asylum applications from...

Citizens’ 2Q profit increases 34.6%

PROVIDENCE – Citizens Financial Group Inc. on Thursday posted a $587 million profit for the second quarter of 2026, up 34.6% year over year. The increase was...

R.I. monthly unemployment falls to 4.1% in June

CRANSTON – Rhode Island’s seasonally adjusted unemployment rate in June was 4.1%, down from 4.3% in May, the R.I. Department of Labor and Training...

Retail sales up a modest 0.2% in June

NEW YORK (AP) – Shoppers slowed their spending in June from May amid continuing economic uncertainty and fading benefits from generous government tax refunds.  Retail...
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