Updated May 5 at 2:05pm
Economic Activity
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(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
It took nearly two years, three states, 18 towns, $483 million and enough wire to stretch from Providence to Durham, N.C., but Tuesday marked the completion of a major infrastructure project to upgrade Southern New England’s electric system. more
The Providence Water Supply Board has purchased an office building in an industrial park at 125 Dupont Drive, and plans to consolidate its operations in the renovated facility. more
The General Assembly opens its 2016 session Tuesday afternoon, the ceremonial starting day to a legislative agenda expected to be dominated by transportation. more
A $50 million project for Pawtucket’s riverfront is being touted by the mayor as a “transformational proposal” with potential to drive future economic growth. more
Rhode Island led the nation with the greatest year-over-year decrease in its jobless rate in September, the U.S. Bureau of Labor Statistics said Tuesday. more
(Updated 2:55 p.m.) The Tops Electrical Supply block downtown has been sold with eventual plans for mixed-use redevelopment, according to listing agent Peter M. Scotti & Associates Inc. Tops … more
Since May 5, thousands of visitors have flocked to the Volvo Ocean Race Village at Fort Adams State Park, but downtown merchants said they had mixed experiences in welcoming the tourists. more
A revised proposal for RhodeWorks that takes into account additional federal funds for transportation, and which eliminates a reliance on toll-backed revenue bonding, will be introduced Thursday, according to legislative leaders and Gov. Gina M. Raimondo. more
Rhode Island’s fiscal 2013 total tax collections were 14th highest in the country when measured on personal income and per capita, at $111.18 per $1,000, and $5,132, respectively, according to the Rhode Island Public Expenditure Council’s annual report, “How Rhode Island Revenues Compare.” more
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