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THE FEDERAL TRADE COMMISSION said in its report “Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies” that PBMs “wield enormous power over patients’ ability to access and afford their prescription drugs, allowing PBMs to significantly influence what drugs are available and at what price.” / AP FILE PHOTO/CHRIS CARLSON

FTC criticizes ‘enormous power’ of pharmacy benefit managers in scathing report

PROVIDENCE – Drug middlemen are hurting small, independent pharmacies while reaping huge profits by inflating drug prices, according to a Federal Trade Commission staff...

Zillow: Providence will be among top 5 ‘hottest housing markets’ in...

PROVIDENCE – Real estate marketplace company Zillow recently released a report predicting that Providence would be among the top five “hottest housing markets” in...

Study by Merrill Lynch division reveals insights on wealthy families

NEW YORK – Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new...

Annenberg Institute: R.I. schools face numerous challenges post-pandemic

PROVIDENCE – A new report recently released by Brown University’s Annenberg Institute notes that schools in Rhode Island still face numerous challenges after the...

BofA Report: Small-business owners expect increased revenue, fewer supply chain and...

PROVIDENCE – Small-business owners across the United States continue to have a favorable outlook on their business, according to Bank of America Corp.’s 2023...
RHODE ISLAND has the fourth-lowest share of households in the United States that use brick-and-mortar bank branches, according to a report by Upgraded Points LLC. Pictured is a Centreville Bank branch built in Warwick in 2020. / COURTESY CENTREVILLE BANK

Report: R.I. has 4th-lowest share of households in U.S. that use...

PROVIDENCE – Nearly 80% of Rhode Island residents still use brick-and-mortar banks, according to a recent report by Upgraded Points LLC. Upgraded Points provides information...

WalletHub: R.I. ranks 19th in nation for student loan debt

PROVIDENCE – Rhode Island was ranked No. 19 in the United States for student loan debt, according to a recent report by WalletHub.  The personal...

R.I. KIDS COUNT: Racial disparities remain in maternal and children’s health

PROVIDENCE – Racial and ethnic disparities still exist in maternal health in Rhode Island, according to a new report by Rhode Island KIDS COUNT. The...

Report: Providence ranks 58th most-challenging city for people with asthma

PROVIDENCE – The city was ranked the 58th most-challenging city to live in the United States if you suffer from asthma, according to a...

Report: R.I. Infrastructure Bank funds $734M in energy, infrastructure projects over...

PROVIDENCE – Thirty municipalities have benefited from a combined $734 million in low-interest loans and grants for energy efficiency, renewable energy and resiliency projects...
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