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GOV. GINA M. RAIMONDO sharply criticized the Small Business Development Fund, an investment program created by the General Assembly in 2019. / PBN FILE PHOTO/DAVE HANSEN

Raimondo criticizes General Assembly’s small-business program

PROVIDENCE – Gov. Gina M. Raimondo didn’t veto the state 2020 fiscal budget over the General Assembly’s insertion of a new tax credit program...
A WALL GROWS: The existing U.S.-Mexico border wall in Tijuana, Mexico, is only a physical manifestation of the growing wall in the local body politic over the nation’s immigration policies and enforcement. 
 / BLOOMBERG 
NEWS PHOTO/
ALEJANDRO CEGARRA

Is the government shutdown a net positive or a net negative...

With the federal government shutdown having become the longest in history, it may be time to make some qualitative judgments about its effects, short...

PBN on WJAR-TV, Jan. 14, 2019

The business of educating teachers is shrinking in R.I. Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss...

PBN on WJAR-TV, Jan. 7, 2019

They're Back! Will new GA be same as old? Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss...
SETTING THE AGENDA: Senate President Dominick J. Ruggerio, right, is looking to help set the state’s spending priorities in the upcoming legislative session. Here he welcomes Sen.-elect Sam Bell, D-Providence, and Senate Chief of Staff Stephen Iannazzi during a Senate orientation for new members.
 / PBN PHOTO/
MICHAEL SALERNO

Balancing budget, smart investments should be job one

According to PBN’s cover story this week, House Speaker Nicholas A. ­Mattiello’s top budget priority is continuing the phaseout of the auto excise tax....

Newport’s history still intact

On the list of Rhode Island assets, surely the Newport Mansions belong near the top. For the third consecutive year, in 2018 the Preservation Society...

PBN on WJAR-TV, Dec. 31, 2018

2018 was good, but much to be done Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the...
FUTURE OUTLOOK: Business and nonprofit leaders in Rhode Island meet with Providence Business News Editor Mark S. Murphy to discuss 2018 and where the state is headed. Starting at the head of the table, background, from left, clockwise: Murphy; Providence College Dean of the School of Business Sylvia Maxfield; VIBCO President Karl Wadensten; Washington Trust Bancorp President and Chief Operating Officer Mark K. W. Gim; Crossroads Rhode Island President and CEO Karen A. Santilli; Blue Cross & Blue Shield of Rhode Island Executive Vice President, General Counsel and Chief Administrative Officer Michele B. Lederberg; and Gilbane Building Co. President and CEO Michael E. McKelvy.
 / PBN PHOTO/RUPERT WHITELEY

2018 was a good year, but much work is to come

On Dec. 14, Providence Business News Editor Mark S. Murphy sat down with six leaders of the Rhode Island business and nonprofit community to...
THE HOPE POINT TOWER project is now expected to move forward to city design review. / COURTESY THE FANE ORGANIZATION

I-195 commission approves revised purchase and sale, development agreements for Fane...

PROVIDENCE — The Fane Organization on Wednesday secured a revised purchase and sale agreement with the I-195 Redevelopment District Commission for the Hope Point...
THE FEDERAL RESERVE, led by Chairman Jerome Powell, raised the federal funds rate target to a range of 2.25 percent to 2.5 percent, the central bank's fourth hike this year. But Powell and company signaled that they expect two rate hikes in 2019, as opposed to the three that were forecast previously. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed raises rates, trims forecast for hikes in 2019 to two

WASHINGTON – The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald...
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