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GAME CHANGER: Nicholas Brownell, branch manager for Total Mortgage Service LLC in Newport, says in addition to a lower monthly payment for homeowners, affordable payment structures, such as a 50-year mortgage, could expedite home sales and benefit investors with improved cash flow management over a longer period.
PBN PHOTO/KATE WHITNEY LUCEY

Would 50-year mortgages ease affordability crisis?

The Trump administration has floated the idea of a 50-year mortgage as a way to make homes more affordable at a time of skyrocketing...
WORK ­ENVIRONMENT: Independent journalist Steve Ahlquist taps out a story on his laptop at the ­Rochambeau Library in Providence. He’s covered social issues for a few small local blogs and now publishes on the digital platform Substack. 
PBN PHOTO/
MICHAEL SALERNO

BROKEN NEWS? Outlets in search of sustainable community journalism model

Tapping away at his laptop at the Rochambeau Library in Providence, Steve Ahlquist doesn’t look the part of a pioneer. He began reporting on Rhode...

More than 60% of social equity applicants disqualified during screening for...

Only 38% of pre-applicants for a cannabis retail license reserved for those adversely affected by the war on drugs have qualified to submit a...

SEC filing of the week: Pangaea Logistics sees Q3 profit jump...

NEWPORT – Pangaea Logistics Solutions Ltd. reported a profit of $12.2 million in the third quarter of 2025, a 139% increase from the $5.1...

Providence allocates $180K for sound camera pilot

PROVIDENCE – The city is allocating $180,000 to become the second urban area in the state to test sound cameras aimed at cracking down...
MIKEL INC., an undersea warfare technology company in Middletown, expects to expand its workforce after being awarded a five-year, $71 million contract.

MIKEL lands $71M Navy contract, plans to expand workforce

MIDDLETOWN – MIKEL Inc., an undersea warfare technology company, has been awarded a five-year, $71 million contract to support the sensors and sonar systems department at the...

Brown Health launches unified adult partial hospital program

PROVIDENCE – Brown University Health recently announced it brought together its adult partial hospital programs at Newport and Rhode Island Hospitals to form the...

Providence Community Electricity Program default winter rate to drop 10%

PROVIDENCE – The default winter supply rate for Providence Community Electricity Program residential and commercial customers will be 14.69 cents per kilowatt hour, down...

Newport among 10 best places to live on East Coast, Travel...

PROVIDENCE – Newport is one of the best places to live along the East Coast, according to Travel + Leisure magazine.  The publication released its...

$3.6M in community-development grants awarded to 10 municipalities

PROVIDENCE – Ten municipalities have been awarded approximately $3.6 million in federal community-development grants, Gov. Daniel J. McKee announced Wednesday.  Administered by the U.S. Department...
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