Updated August 25 at 12:30am
Local News
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The I-195 Redevelopment District Commission agreed Monday to spend up to $2 million to help the state finance construction of a pedestrian bridge over the Providence River to connect its development parcels. more
Providence is 2016’s worst city to retire, according to WalletHub’s latest study released Monday. more
Towerstream Corp., a provider of wireless communication services, recently reported a 2.2 percent decline in revenue in the second quarter, but narrowed its loss by 46.5 percent. more
(Updated 1:32 p.m.) Robin Muksian will serve as the city’s director of administration, overseeing administrative aspects and operations while serving as senior adviser to the mayor. more
Confidence among U.S. homebuilders climbed in August as steady job growth and low interest rates boosted prospects for the residential real-estate market in the second half of the year, according to data Monday from the National Association of Home Builders/Wells Fargo. more
Gasoline prices in Rhode Island are unchanged from last week, and are still hovering at lows last seen in 2004, according to AAA Northeast. more
Genesee & Wyoming Inc. said Monday that it has agreed to acquire Providence and Worcester Railroad Co. for approximately $126 million, or $25 per share. more
Rhode Island ranks as one of the worst states for families to have a richer life, according to a study released Monday by GOBankingrates.com. more
East Greenwich High School is the lone Rhode Island representative on Newsweek’s list of the Top 500 public high schools in the nation for 2016, coming in at No. 259. The news organization ranked schools on a combination of factors, including college readiness, graduation rate and how many students were college bound. more
Wholesale prices in the United States unexpectedly fell in July by the most in almost a year, a sign inflation is likely to stay muted. more
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