Tag: Investment
Newport Hospital birthing center nets $1.6 million state investment
NEWPORT – The Noreen Stonor Drexel Birthing Center at Newport Hospital, which has recently faced an uncertain future, last month received a much-needed $1.6...
U.S. economy expanded at sluggish 0.7% in fourth quarter, government says,...
WASHINGTON (AP) – The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through...
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...
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...
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...
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