Updated May 4 at 5:24am
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Single-family home sales fell 2.6 percent in May on a year-over-year basis in the Bay State, marking the third time sales have declined this year, according to The Warren Group, publisher of Banker & Tradesman. more
Orders for business equipment rose in May for just the second time this year, indicating demand for American-made manufactured goods is stabilizing. more
Partner at Partridge Snow & Hahn LLP discusses some of this year’s changes to the state’s banking regulations. more
Citizens Financial Group Inc. this week appointed two new bank presidents in Massachusetts and Connecticut to lead the financial institution in civic, business and community engagement across those two states. more
Bank Rhode Island last week provided the Capital Good Fund with a $7,500 grant, helping the organization expand a financial service program to more individuals and families. more
Westerly-based Washington Trust Bancorp this month announced a $2.1 million refinancing package for a University of New Haven off-campus student-housing complex. more
The Rhode Island Foundation will offer more than $50,000 in grants to Jewish community charitable organizations, synagogues and day schools from Barrington to East Greenwich through the Bliss, Gross, Horowitz Fund. more
Personal income for the nation rose 0.9 percent on average in the first quarter, and increased in 46 states, including Rhode Island, according to the U.S. Bureau of Economic Analysis. 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
Astro-Med Inc., a maker of specialty printers, and test and measurement devices, has purchased a California company’s printer product line used for civil and commercial aircraft for approximately $7.4 million. more
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