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A PAWTUCKET MAN admitted in federal court that he defrauded the federally funded Supplemental Nutrition Assistance Program and the U.S. Treasury out of more than $100,000, according to the U.S. Attorney's Office, District of Rhode Island. / COURTESY U.S. DISTRICT COURT

Pawtucket man admits to defrauding SNAP, U.S. Treasury out of $100K

PROVIDENCE – A Pawtucket man has admitted in federal court that he defrauded the Supplemental Nutrition Assistance Program and the U.S. Treasury out of...

Average U.S. rate on a 30-year mortgage edges higher

The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for...

Mortgage rates fall but could stay at a level that makes...

LOS ANGELES (AP) – Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season...

Average U.S. long-term mortgage rate inches up to 6.93%  

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.  The benchmark 30-year fixed rate loan rate...

Providence City Council shifts unspent ARPA funds to school district

PROVIDENCE – The City Council on Thursday approved three amendments reallocating $4.4 million in remaining American Rescue Plan Act funds to meet the city’s...

Federal Reserve cuts key interest rate by a quarter-point

WASHINGTON (AP) – The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation...

Dow drops 1,000 points, Japanese stocks suffer worst crash since 1987

NEW YORK (AP) – A scary Monday that started with a plunge abroad reminiscent of 1987 's crash swept around the world and pummeled Wall...

Wall Street slumps as rising yields crank up the pressure

NEW YORK (AP) – U.S. stocks slumped Monday after higher yields in the bond market caused by a strong U.S. economy cranked up the...

Wall Street steadies as bond yields ease ahead of inflation report

NEW YORK (AP) – U.S. stock indexes held at a near standstill again on Tuesday, as traders made their final moves ahead of some potentially...

Average long-term U.S. mortgage slides to lowest level since late September

LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers...
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