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A tricky landing ahead for the Fed

The Federal Reserve will likely soon learn what gymnasts already know: sticking a landing is hard. With inflation surging to a new 40-year high and...
THE R.I. SENATE has passed a bill that would raise the state's minimum wage to $15 per hour by 2025. / PBN FILE PHOTO/ARTISTIC IMAGES

Should Rhode Island gradually increase its minimum wage to $15 an...

The state Senate on Feb. 10 approved a gradual increase in Rhode Island’s minimum wage from $11.50 to $15 per hour by 2025. Proponents say...

State can help fill PPP gaps

The latest round of Paycheck Protection Program funding has not generated the same frenzy and confusion for local banks or borrowers as occurred last...

Reasons why Biden’s win could be good for economy

On day one, a newly inaugurated President Joe Biden will have to address a devastated economy – much like he and former President Barack...

Is this a ‘K’ recession? Or some other letter?

Recessions – typically defined as two consecutive quarters of declining economic output – are always painful in terms of how they affect our economic well-being. Fortunately,...

What’s worse, the pandemic or the cure?

The coronavirus pandemic catapulted the country into one of the deepest recessions in U.S. history, leaving millions without jobs or health insurance. There is...

Should we be marketing now in a recession, or not?

As we face a recession in the midst of a pandemic, businesses are reviewing budgets and annual plans to determine where to make cuts....
A COMMITTEE of economists from the National Bureau of Economic Research have declared that the U.S. entered into a recession in February. / AP FILE PHOTO/JEFF ROBERSON

A U.S. recession began in Feb. in the face of coronavirus

WASHINGTON (AP) – The United States economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday,...
SPECIAL DELIVERY: Perella’s Ristorante chef-owner Lou Perella not only cooks the food but is now delivering it, here to CJ Audet-Kelly. / PBN FILE PHOTO/RUPERT WHITELEY

Down, but not out: R.I., bizs hurting but also stepping up

The bold headline at the top of Page 1 in PBN’s first digital-only edition in its 34-year history says it all: KNOCKED DOWN, BUT...
RIGHT APPROACH? Unlike her predecessor, Gov. Gina M. Raimondo has made heavy use of tax incentives to grow business in the Ocean State. / PBN FILE PHOTO/MICHAEL SALERNO

Commerce RI well-positioned to help state weather a recession

In her more than five years in office, Gov. Gina. M. Raimondo has transformed how the state approaches economic development, largely through a revamped...

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