Updated October 8 at 2:08pm
Economic Activity
1536 results total, viewing 301 - 310
An oceanfront estate overlooking the Cliff Walk sold on Monday for $15 million, the most expensive residential sale in Rhode Island in the past two years, according to Lila Delman Real Estate International, which represented the seller. more
On Thursday, some of the biggest lingering questions about the U.S. economy may be answered, according to Bank of America Merrill Lynch Deputy Head of U.S. Economics Michelle Meyer and U.S. Economist Alexander Lin. more
U.S. stocks rallied the most since 2011, halting a six-day rout, as investors found some relief after the worst global equity rout in almost four years. Treasuries fell and the dollar rose. more
An historic office building on Custom House Street downtown will be renovated into rental apartments, with street-level commercial space, possibly a restaurant, according to an application filed with the city’s Downtown Design Review Committee. more
A large trailer has taken up residence outside 111 Westminster St., known as the “Superman” building. more
(Updated 1:26 p.m.) The Small Business Administration’s 7(a) loans hit their annual lending cap of $18.75 billion this week, and the agency has instituted a waiting list for new loans as a result, The Business Journals reported. more
A company that has proposed a $50 million student apartment building on the first parcel under contract in the former Interstate 195 lands has received a one-month extension to secure an agreement for tax incentives with the city. more
New-home construction in the U.S. exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market. more
Rhode Island’s financial profile has improved following the economic downturn, but weak economic and demographic trends, paired with large combined debt and pension liabilities, remain sources of credit pressure, according to Moody’s Investor Service. more
Luis A. Aponte was elected City Council president on Tuesday, defeating councilman Nicholas J. Narducci Jr. in a 9-6 vote, according to information from the city clerk’s office. more
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