Updated May 31 at 7:31pm
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More than 1,600 state employees last year raised $431,887 for 549 nonprofit charities and organizations across the Ocean State as part of the annual State Employee Charitable Appeal campaign, General Treasurer Seth Magaziner said Monday. more
Why are markets and the media so obsessed with the timing of the Federal Reserve's next interest-rate increase? The sheer intensity of their attention, I think, reveals a deeper problem: They don't understand what the Fed is ultimately trying to achieve. more
HarborOne Bank and its proposed new parent, HarborOne Bancorp Inc., have received all the required regulatory approvals to go public and reorganize the company into a mutual holding company. more
Coastway Bancorp Inc. last week completed its first stock repurchase program that started in January, buying back 247,459 shares, or roughly 5 percent of its then-outstanding stock. more
CVS Health Corp. last week entered into an agreement to sell $3.5 billion of senior notes. more
A new report was released this month showing no significant benefit to creating laws that would allow credit unions to capture a larger share of the banking market in Massachusetts. more
Malcolm A. Makin, of Raymond James in Westerly, again has been named the state’s top financial adviser in Barron’s 2016 Top 1,200 Financial Advisors list. He talks with Providence Business News about his investment strategy, the regional, national and global economy, and how the national election cycle is affecting the markets. more
The R.I. Commerce Corp. voted to approve more than $7 million in state relocation and redevelopment credits Monday to several corporations that plan to invest in or bring jobs to Rhode Island. more
A 2,746-square-foot home in the Watch Hill section of Westerly recently sold for $3,275,000, marking the second-highest sale for the community this year. more
Rhode Island residents who are 65 and older have a median annual income that’s 56 percent of the median annual income earned by the state’s 45-64 year-olds, the ninth-largest gap in the nation, according to Bankrate.com. more
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