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Downgrade of U.S. credit rating shouldn’t be downplayed

The formerly pristine reputation of the U.S. government’s debt lost a little more luster after a prominent rating agency demoted Uncle Sam from its...

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions 

WASHINGTON (AP) – Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and...
HEAVY DUTY: Melaku Gebermariam uses an electrostatic sprayer to disinfect the inside of a Delta Airlines jet between flights on July 22, at the Ronald Reagan Washington National Airport in Arlington, Va. / AP FILE PHOTO/NATHAN ELLGREN

Air travel reshaped as carriers struggle with pandemic

In a bid to survive, airlines are desperately trying to convince a wary public that measures such as mandatory face masks and hospital-grade air...
BRISTOL AND KENT counties were identified as “at risk” for a decline in tax revenues due to changes made in the Tax Cuts and Jobs Act of 2017. / COURTESY STANDRAD AND POOR'S

2017 federal tax law likely to squeeze revenue for parts of...

PROVIDENCE - The federal Tax Cuts and Jobs Act of 2017 is likely to create benefits for some municipalities and burdens for others, mainly...
PROVIDENCE IS LOOKING for undergraduate and graduate students interested in working in city government this summer as part of the Mayoral Fellowship Program. / COURTESY WIKIMEDIA COMMONS/ANATOLI LVOV

Providence and Cumberland credit ratings upgraded

PROVIDENCE – Standard and Poor's Global Ratings raised its rating on the general obligation debt for Cumberland from AA/stable to an AA+/Stable and upgraded...
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