Cares Act - Page 2 of 3 - Providence Business News

Pryor calls R.I. small-business grants a success but with ‘more to...

Business Services 12/21/2020

PROVIDENCE - Acknowledging there is more to do to help struggling small businesses, R.I. Commerce Secretary Stefan Pryor in an interview on Monday characterized...

Report: Essential workers continue to struggle to make ends meet

Economic Activity 12/17/2020

PROVIDENCE – Many of Rhode Island's families were already living from one paycheck to the next prior to the pandemic taking over the economy...

Businesses face higher unemployment taxes due to pandemic

Economic Activity 12/11/2020

PROVIDENCE - Due to the pandemic, Rhode Island’s unemployment insurance trust fund has “decreased significantly,” which will lead to employers having to dip into...

MONEY CONCERNS: When Janet Tanury was forced to temporarily close her clothing boutique in the spring because of the COVID-19 pandemic, she stopped making contributions to her retirement account. / PBN PHOTO/RUPERT WHITELEY

More people resorting to raiding their nest egg

Coronavirus 11/27/2020

Janet Tanury had been dutifully putting away money for retirement for years and was even considering doubling her contribution. Then, COVID-19 hit, shutting down Botticelli...

A $29.6M price tag for security in a pandemic

Coronavirus 11/20/2020

The state has paid $29.6 million to construct and maintain three field hospitals that have gone unused during the coronavirus crisis, but this insurance...

FEWER THAN 5% of workers with retirement accounts through Fidelity have taken advantage of CARES Act provisions allowing them to withdraw money without penalty, according to new research by Fidelity Investments.

Fidelity: Few workers withdrawing from retirement accounts, despite CARES Act provisions

Financial Services 11/16/2020

BOSTON, Mass. – Despite market volatility and an uncertain economic future, fewer than 5% of workers with retirement accounts through Fidelity Investments Inc. have...

McKee asking state officials to increase funding in Restore RI grant...

Coronavirus 11/06/2020

PROVIDENCE – Lt. Gov. Daniel J. McKee has sent a letter to Gov. Gina M. Raimondo and R.I. Commerce Secretary Stefan Pryor asking the...

LT. GOV. DANIEL J. McKee sent a letter Monday to Gov. Gina M. Raimondo and R.I. Commerce Corp. Secretary Stefan Pryor asking for immediate changes and increases to the Restore Rhode Island small-business grant program. / COURTESY R.I. OFFICE OF THE LIEUTENANT GOVERNOR

McKee asking state officials to increase funding in Restore RI grant...

Coronavirus 11/02/2020

PROVIDENCE – Lt. Gov. Daniel J. McKee has sent a letter to Gov. Gina M. Raimondo and R.I. Secretary of Commerce Stefan Pryor Monday...

9 Considerations for Effective Year-End Tax Planning in a Changing World

Branded Content 11/01/2020

2020 has been a year that has presented many business challenges. With the upcoming election, there is much uncertainty regarding year-end tax planning in...