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CHANGE OF PLANS: Jamie Sanford, left, administrator of Linn Health & Rehabilitation in East Providence, and Richard Gamache, center, Aldersbridge Communities CEO, in May check on Elsie Ann Linde, 89, who had moved into rooms at Linn that have been converted to assisted living. Since then, the nursing home had to close but administrators are still awaiting approval to open a memory and dementia care unit.  
PBN PHOTO/MICHAEL SALERNO

Struggling nursing homes mull change in direction to save themselves

Richard Gamache was armed with a plan to save his nursing home this spring. The question was if he had enough time to put...

Why the U.S. job market has defied rising interest rates and...

WASHINGTON (AP) – Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure – much...

Federal Reserve of Boston reports ‘notable employment growth’ in New England

BOSTON – New England saw notable employment growth in May 2023, adding 11,600 jobs during the month and continuing to exceed its pre-pandemic employment...

At CCRI, Boston Fed chief hints at possible pause in interest...

WARWICK – In her appearance at the Community College of Rhode Island Thursday, Susan M. Collins, the president of the Federal Reserve Bank of...

Federal Reserve Bank of Boston names Zakrajšek director of economic research

BOSTON – The Federal Reserve Bank of Boston has named Egon Zakrajšek as its next director of research. Zakrajšek succeeds Geoffrey Tootell, who retired earlier...

Federal Reserve Bank of Boston to hold conference on post-pandemic opportunities

BOSTON – The Federal Reserve Bank of Boston will hold a half-day conference on “Transitioning to the Post-pandemic Economy” as part of its Fed...

Five Questions With: Meghan L. Hughes

Meghan L. Hughes, president of the Community College of Rhode Island, was recently elected to serve on the Federal Reserve Bank of Boston’s board...

CCRI President Hughes named to Boston Fed board

PROVIDENCE – One of the state’s top higher education leaders and a liaison to the business community has been named to the Federal Reserve...

Boston Fed, MIT mark completion of central bank digital currency research

PROVIDENCE – It’s too soon to tell whether a central bank digital currency could work. This was the conclusion of a recently completed research project...

Boston Fed’s Collins says ‘modest slowdown’ is possible 

WASHINGTON (AP) – Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be...
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