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Economy

Average 30-year U.S. mortgage rate rises to 6.49%

The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage...

UNFI again shuffles leadership; adds new CFO

PROVIDENCE – United Natural Food Inc. has shuffled its leadership, again.  Effective Aug. 3., Matteo Tarditi, UNFI's current president and chief financial officer, will continue...

Paolino Properties purchases 4 downtown Providence parking lots

PROVIDENCE – Heavyweight Providence investment group Paolino Properties LLC has added four downtown parking lots to its portfolio for the price of $16.5 million.  Totaling...

Wyatt Detention Facility board chairperson resigns

The volunteer chairperson of the governing board for Rhode Island’s only privately operated detention facility has resigned after six years, citing his new senior...

Residential Properties opens Watch Hill office, expands into southwestern R.I.

WESTERLY – Residential Properties Ltd. has opened a new office in the town’s Watch Hill neighborhood, expanding the Providence-based real estate brokerage's footprint into...

Five Questions With: Chris Whitten

Chris Whitten is the broker and founder of Premeer Real Estate in Smithfield. Whitten, who also lives in Smithfield, is also the founder and...

East Side midcentury home sells for $1.87M

PROVIDENCE – A midcentury home in the city’s Freeman Plat neighborhood recently sold for $1.87 million, according to Mott & Chace Sotheby's International Realty,...

T.F. Green remains Travel + Leisure’s best domestic airport

WARWICK – Rhode Island T.F. Green International remains the country’s best domestic airport, according to Travel + Leisure magazine.  The travel publication released its 2026 annual...
THE TOWN of Foxborough is asking a Norfolk County Superior Court judge to dismiss The Kraft Group’s lawsuit that alleges the town abused its licensing authority by charging nearly $1 million in Gillette Stadium entertainment license renewal fees. / PBN FILE PHOTO

Foxborough counters Kraft Group’s lawsuit challenging $950K entertainment license renewal fee

FOXBOROUGH, Mass. – Foxborough officials are asking a Norfolk County Superior Court judge to dismiss The Kraft Group’s lawsuit alleging that the town abused...

Providence targets illegal ATV activity with overnight Roger Williams Park closures

PROVIDENCE – The city is launching a temporary overnight road closure pilot at Roger Williams Park as part of a larger enforcement effort targeting...
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