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Over the past three decades, interest rates have steadily declined. Now that rates are finally rising, bond as well as equity investors should be wary of certain areas in the markets. Investors must be aware that rising interest-rate pain is not limited to long-term bonds. There are a number of sectors in your portfolio that can be negatively affected by rising interest rates. more
Do you feel that hint of a chill starting to swirl through the housing market? The cooling is slight but it’s for real. Home prices are not rising as fast in most metropolitan areas as they did earlier this year and much of 2012. Multiple bid competitions – fierce in many places this spring and late last year – aren’t as intense. Inventories of homes for sale have increased this summer, reversing near droughts of listings that helped fuel higher prices. more
Security and Exchange Commission rule changes that include requiring angel investors to file financial information with a third party in order to invest in startups that do public solicitation for funding has investment groups and entrepreneurs in Rhode Island and across the nation up in arms. more
Martha Sheridan has more than 20 years of experience in destination marketing, and has accrued awards that underscore her ability to market not only Providence and Warwick, but the state. more
The Epic Theatre Company has found a home at Cranston’s nonprofit Artists’ Exchange, stepping in this month as the exchange’s first-ever resident theater company. more
The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. more
Providence Mayor Angel Taveras, at podium, helps unveil the new “Imagination Center” in Burnside Park on Aug. 22. The center was created with a grant from Southwest Airlines and will serve as a new place for family friendly activities in the park, including arts and crafts and interactive play. Joining Taveras are Megan Wood, senior manager of community outreach at Southwest Airlines and Cliff Wood (no relation) of the Downtown Providence Parks Conservancy. more
Rhode Island took the first step in its goal to make health-insurance costs and services more transparent with the Aug. 20 release of data on plans that will be offered through the state’s new insurance marketplace, HealthSourceRI. more
Supplementing a liberal arts education with “real-world experience” is the carrot career-center directors and admissions staff at Rhode Island’s colleges and universities increasingly dangle when marketing their schools to incoming freshmen. more
(Editor’s note: This is the second of a three-part series exploring the progress of East Providence’s 10-year effort to redevelop its waterfront and what it might mean for a similar effort underway in Providence.) more
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