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Sales of existing U.S. homes rise to 3-year high
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules. more
Report: Despite growth, R.I. recovery ‘still lags’
Even though Rhode Island has gained some economic strength in 2013, the Ocean State “still lags behind other states in New England when looking at major economic indicators such as growth of the gross state product and the unemployment rate,” according to the spring 2013 New England Economic Outlook report from the New England Economic Partnership. more
| 5/22/13
Attleboro site added to national Superfund list
The former Walton & Lonsbury Inc. facility in Attleboro has been added to the National Properties List of Superfund sites by the U.S. Environmental Protection Agency. more
| 5/22/13
Astro-Med posts loss in 1Q on replacement charges
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted a net loss of $449,000, or 6 cents per diluted share, during the first quarter of its 2014 fiscal year. more
| 5/22/13
Memorial Day travel to drop slightly, says AAA
AAA Southern New England projects a 0.9 percent decrease in Memorial Day travel. The trade group estimates that 34.8 million U.S. residents will travel 50 miles or more from their home during the Memorial Day holiday period between Thursday, May 23, and Monday, May 27. more
| 5/22/13
Bernanke says premature Fed tightening would endanger recovery
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery. more
Koller orders health care pricing transparency by insurers
In a bulletin issued Tuesday afternoon to health care insurers, R.I. Health Insurance Commissioner Christopher F. Koller announced new “obligations” for insurers to disclose the price of health care services to certain health care providers. more
Valois confirmed as RIEDC leader
Marcel A. Valois, Gov. Lincoln D. Chafee’s nominee to lead the Rhode Island Economic Development Corporation, was unanimously confirmed by the Rhode Island Senate Tuesday. more
Manufacturing project to unveil findings, database at Bryant summit
Using data mined from more than a thousand manufacturers from across the state, leaders of the Rhode Island Manufacturing Renaissance Project will unveil its findings on Wednesday, along with the state’s first comprehensive database of manufacturers in the state. more
| 5/21/13
Mortgage settlement gives 2,000 R.I. homeowners relief
As of March 31, more than 2,000 homeowners in Rhode Island have received some type of relief through the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced Tuesday. more
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