Tag: business loans
Inflation rises to a 3-year high on spiking gas prices, highlighting...
WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and...
Everybody’s Business: Entrepreneur finds himself in driver’s seat
(Editor’s note: This is the 59th installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
BankNewport reports $136.7M in revenue for 2023, up 29.5% from a...
NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, ended 2023 with a record $2.68 billion in assets and $2.14 billion in...
June pause in rate hikes would be close call for Fed...
WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...
McKee standing firm on taxing PPP loans
PROVIDENCE – Gov. Daniel J. McKee is standing firm on his commitment to taxing Paycheck Protection Program loans greater than $150,000.
McKee made his position...
The Business Development Co. reports record year
PROVIDENCE – The Business Development Co. provided a record $3.7 million in loans in the fiscal year ended April 30, with the goal of...
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