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VESTED INTEREST: Gina Lalli, senior loan officer at Shamrock Home Loans, hopes interest-rate cuts will come in 2024 to spur some home sales activity. New mortgage applications in November were 20% lower than they were a year earlier. PBN PHOTO/DAVID HANSEN

Real estate industry ready for some rate cuts

Economic Activity 01/05/2024

While many real estate agents are dream sellers, Gina Lalli, senior loan officer at Shamrock Home Loans in Newport, often has to give buyers...

THE FEDERAL RESERVE recently announced that all 23 of the biggest U.S. banks passed its "stress test," but some say that doesn't mean banks are prepared for an economic crisis. / AP FILE PHOTO/ANDREW HARNIK

Bank ‘stress tests’ by Fed may have overlooked weaknesses in system

Economy 07/14/2023

The 23 largest banks in the U.S. – including Providence-based Citizens Financial Group Inc. – recently passed the Federal Reserve’s “stress test,” but some...

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A FEDERAL APPEALS COURT on Friday ruled that the controversial truck tolling program used for the state’s RhodeWorks bridge infrastructure initiative can partially remain in place. PBN FILE PHOTO/MICHAEL SALERNO

Federal appeals court partially upholds R.I. truck-tolling program

12/06/2024

Union representing Women & Infants caregivers ratifies labor contract with ‘groundbreaking’...

12/06/2024

R.I. sports betting growth stagnates while other states on upswing

12/06/2024

CVS HEALTH CORP. has entered an underwriting agreement to sell $3 billion in outstanding notes.

SEC filing of the week: CVS agrees to sell $3B in...

12/06/2024

Electric Boat workers returning after evacuation due to bomb threat

12/06/2024

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