Updated August 25 at 12:30am
Government
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Defense Innovation Days will kick off next week at the Hyatt Regency Newport. more
For the Federal Reserve to succeed in its mandated bid to anchor inflation higher, it needs to overcome a big demographic hurdle: millennials don’t expect prices to rise anytime soon. more
Local 1 percent meal and beverage tax collections increased 3.1 percent year over year in May, and nearly 8 percent when comparing the first 11 months of the fiscal year with the same time frame last year, the state Department of Revenue said Wednesday. more
CVS Health Corp. received the most state tax credits and incentives at $21.2 million last fiscal year, according to the R.I. Division of Taxation. more
(Updated 10:10 a.m. and 12:39 p.m.) The R.I. Commerce Corp. said Tuesday that it has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. more
Rhode Island ranked 35th in a listing of all 50 states based on overall economic performance released Monday by Governing, a Washington, D.C.-based media platform that covers politics, policy and management for state and local leaders. more
Approximately $385,000 in federal funding will be shared by fire departments in Lincoln, Narragansett and Pawtucket to purchase new equipment, the state’s congressional delegation said Monday. more
Boats can now can come directly to J. Goodison Co. for repairs, thanks to a new Marine Travelift billed as the biggest in the Northeast that the company debuted this week. more
Hotel room revenue through June has increased 6.9 percent year over year in Rhode Island, according to the R.I. Commerce Corp. more
Rhode Island’s unemployment rate in July at 5.5 percent was higher than the national unemployment rate of 4.9 percent, and was the second-highest in New England behind Connecticut, which had a rate of 5.7 percent, the federal Bureau of Labor Statistics said Friday. more
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