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Purdue Pharma, Sackler family reach new $7.4B opioid settlement

Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new...

Neronha joins effort challenging Trump’s executive order to end birthright citizenship 

Rhode Island and more than a dozen states are challenging President Donald Trump's executive order ending the constitutional guarantee of birthright citizenship, a move...

Trump tasks congressman with writing executive order he could issue to...

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive order he could issue to halt wind energy...

U.S. inflation picked up in December, though underlying price pressures ease...

WASHINGTON (AP) – U.S. inflation picked up last month as prices rose for gas, eggs and used cars, yet underlying price pressures also showed...

U.S. producer prices rose 0.2% last month on higher energy costs 

WASHINGTON (AP) – U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index – which tracks inflation before...

Average U.S. long-term mortgage rate inches up to 6.93%  

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.  The benchmark 30-year fixed rate loan rate...
DEAL-MAKING TACTIC? Providence College economics professor Christopher Limnios says he doesn’t expect the tariffs levied against China, Mexico and Canada to be as high as President-elect Donald Trump has threatened. He suspects it might be a move to get leaders of those countries to the negotiation table. 
PBN PHOTO/RUPERT WHITELEY

Some R.I. firms worry about effects of tariff threats

Many Rhode Island businesses are in a “wait-and-see” holding pattern as they anxiously await the results of President-elect Donald Trump’s vow to raise tariffs...
ADVISING CAUTION: Sen. Louis P. DiPalma, D-Middletown, says the state shouldn’t jump into buying crypto-related investments for public pension funds and treasuries even though other states are becoming more open to it. 
COURTESY CAPITOL TV

States could see a crypto policy blitz in 2025; will R.I....

If the R.I. State Investment Commission, which manages the state’s $11 billion public retirement system, had a crystal ball in 2019, it could have...

Federal Reserve is likely to slow its rate cuts with inflation...

WASHINGTON (AP) – Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting....

Some in seafood industry see Trump as fishermen’s friend, but tariffs...

PORTLAND, Maine (AP) – The incoming administration of President-elect Donald Trump is likely to bring big changes for one of the oldest sectors of...
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