Updated May 25 at 5:25pm
Local News
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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
Providence is one of 50 cities in the nation taking part in “Invest Health,” an 18-month initiative to improve health in low-income neighborhoods. more
Moody’s Investors Service Inc. has upgraded Cranston’s general obligation bonds to an A1 rating, as the city readies to refinance $8.1 million. more
Gas prices are on the rise again, climbing 7 cents in Rhode Island, and 8 cents in Massachusetts, according to AAA Northeast’s weekly price survey. more
Local 1 percent meal and beverage tax collections, and hotel tax collections increased year over year in February by 15.2 percent and 11.3 percent, respectively. more
The IRS has been so slow to adapt to the rapidly emerging peer-to-peer economy that billions of dollars in taxable income a year are probably going unreported every year, according to a study being delivered to Congress this week. more
More than $1.2 million in federal grants to help the R.I. Department of Environmental Management and the Rhode Island Infrastructure Bank clean up brownfield sites was awarded last week by the U.S. Environmental Protection Agency Brownfields Program. more
A four-room, former schoolhouse in Federal Hill is eligible for state historic-preservation tax credits to assist in its redevelopment to an apartment building. more
Neighborhood Health Plan of Rhode Island said that it intends to lower its commercial insurance rates for individuals, families and small businesses through HealthSource RI and has made the request to the state’s Office of the Health Insurance Commissioner. more
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