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EVOLVING MIX: Housing and open space, including the 195 District Park, seen above, are prominent in the I-195 Redevelopment District. But more commercial development is still possible on 7 acres of available land. 
PBN FILE PHOTO/­ARTISTIC IMAGES

Fiscally healthier city will help spur private investment

Housing was never expected to be at the forefront of development in Providence’s I-195 Redevelopment District. Back in 2011, then-Mayor Angel Taveras called the newly...

Former R.I. financial adviser charged with bilking couple out of $140K

PROVIDENCE – A former Cranston resident who falsely represented himself as a successful financial adviser has been indicted and arraigned in federal court on...

‘Auto-IRA’ comes to R.I., but is it necessary?

As if managing the state’s $11 billion public pension fund were not enough, R.I. General Treasurer James A. Diossa will have one more money-managing...
Sehoon Kim

ESG investing is undergoing a big stress test

The Federal Reserve raised interest rates again on May 3, by a quarter point, making it the Fed’s 10th rate hike since March 2022...

Addressing climate change through endowment investments

Harvard University will keep phasing out all investments tied to oil, gas and coal, it announced on Sept. 9. Harvard President Larry Bacow cast...
MODERATION: Ronald W. Kent Jr., president of Spinnaker Asset Management, recommends that less than 2% of a retail investor’s portfolio should go to ­cryptocurrency. / PBN PHOTO/
MICHAEL SALERNO

Cryptocurrency taking investors on wild ride

As a private-capital investor who also manages his own personal portfolio, David Homonoff has always watched the market with close attention. When he saw the...

Big gain in stock market not really so big

Major U.S. stock markets, depending on which index you prefer, are up anywhere from 21% to 33% this year. Those are big gains, making...

Why not try honorary ambassadors?

The late Robert J. Healey Jr. endeared himself to many Rhode Islanders during three unsuccessful runs for lieutenant governor, primarily on a platform of...

How the GA-backed investment fund works

This is how the Small Business Development Fund, as approved by the General Assembly, would work: The state would issue up to $42 million in...

Napatree Capital Expands Team with Mike Moses

Michael Moses is a senior member of the investment and advisory team. With more than 25 years of experience, he recently served as a...
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