Updated September 30 at 12:30am
Economic Activity
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(Updated 12:50 p.m.) Rhode Island is one of several states facing “muted revenue growth” in 2016, Moody’s Investors Service said Friday in its report “States – US: State Tax Revenues Still Growing, but at a Slower Pace.” more
Providence is one of the least safe cities for driving in the U.S., according to Allstate Corp., which released its 12th annual America’s Best Drivers report on Tuesday in time for the Independence Day weekend. more
The World Match Racing Tour will visit Newport next year, Brad Read, executive director of Sail Newport, said Thursday. more
After a decade-long fundraising effort and countless volunteer hours, the U.S. Navy Seabees announced the new Museum and Memorial Park on Iafrate Way in Davisville will open to the public at a ribbon cutting ceremony on Friday from 10 a.m. to 1 p.m. more
(Updated 12:01 p.m.) The Providence-Warwick metropolitan area climbed 31 spots to No. 95 in the Milken Institute’s 2015 Best-Performing Cities report, propelled by growth in wages and high-tech jobs. more
(Updated 11:49 a.m.) Massachusetts home sales grew 25.3 percent in September, continuing an upward trend and marking the best September sales month for residential real estate in a decade, The Warren Group, publisher of Banker & Tradesman, said Tuesday. more
The Federal Reserve raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that the pace of subsequent increases will be “gradual” and in line with previous projections. more
The U.S. Department of Housing and Urban Development announced Wednesday more than $1.98 million in grants to Rhode Island Housing to renew support for the Sunrise Project and New Transitions programs, which assist low-income people living with HIV/AIDS and their families. more
(Updated 12:41 p.m.) Passenger traffic at T.F. Green Airport rose 3.1 percent in April to 317,271, the R.I. Airport Corp. said Thursday. more
The setting was Rosecliff, overlooking the ocean, and guests feasted on almond chicken, lobster salad, lobster and mushroom ravioli, assorted vegetables, clamcakes and mini stuffies, as well as vanilla ice cream topped with a chocolate chip cookie. The occasion was Providence Business News’ 30th anniversary gala event. more
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