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RIPEC: Medicaid spending on the rise despite enrollment decline

PROVIDENCE – Already representing over one-third of the budget, state spending on Medicaid remains on an unsustainable trajectory, projected to increase nearly three times...

The Fed leaves interest rate unchanged; hike expected in September

WASHINGTON (AP) – The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused...

PBN names honorees for 2026 Fastest Growing & Innovative Companies program

PROVIDENCE – Thirty-two local companies and organizations are among both the highest earners and the most innovative as part of Providence Business News’ 2026...

America250-Enduring Success: Jones Moving & Storage

(Editor’s note: This is the 19th installment in a weekly series featuring Rhode Island’s oldest companies as the nation celebrates the 250th anniversary of...

Some worry McKee attack ads reinforce state’s bad business reputation

Gov. Daniel J. McKee’s latest campaign ad attacking former CVS Health Corp. executive Helena Foulkes has sparked a backlash from some in the business...
ACADEMY AWARD-WINNING actress Viola Davis and her husband, producer and actor Julius Tennon, have donated $1.2 million through their foundation to build a community hub in Central Falls. / COURTESY THE DAVIS-TENNON FOUNDATION

Viola Davis’ foundation donates $1.2M for community hub in Central Falls

CENTRAL FALLS – Academy Award-winning actress Viola Davis and her husband, producer and actor Julius Tennon, have donated $1.2 million through their foundation to build a community hub in...
THE MEDIAN sale price of single-family homes in Rhode Island was $550,000 in June, 5.8% higher than a year ago, the Rhode Island Association of Realtors says. / AP FILE PHOTO/ROGELIO V. SOLIS

R.I.’s monthly median home price rises to $550K in June

WARWICK – The median sale price of single-family homes in Rhode Island was $550,000 in June, 5.8% higher than a year ago, according to...

Magic: The Gathering powers Hasbro to $160.9M Q2 profit

PAWTUCKET – Hasbro Inc. on Tuesday reported a second-quarter profit of $160.9 million driven by a strong performance from Magic: The Gathering, after posting an...

America250-Enduring Success: YMCA of Greater Providence

(Editor’s note: This is the 18th installment in a weekly series featuring Rhode Island’s oldest companies as the nation celebrates the 250th anniversary of...

PBN recognizes 40 Under Forty honorees

WARWICK – Forty young business professionals were honored Thursday for their efforts in the workplace and community at Providence Business News’ 22nd annual 40...
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