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People in Rhode Island’s capital city are among the least honest in the country according to the National Honesty Index released Tuesday by the Honest Tea organic beverage company in Bethesda, Md. more
The Genesis Center is one of 30 nonprofits across the country to be named a “model program” in the National Skills Coalition by Vice President Joseph Biden. more
The economy in the United States took a step forward as home sales unexpectedly climbed, manufacturing accelerated and the outlook for the second half of 2014 brightened. more
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
Rhode Island tied for the third-largest month-over-month statewide increase in home sales prices in June, rising 1.2 percent from May, according to the latest Black Knight Home Price Index report. more
Capital Good Fund has been awarded a $125,000 Community Development Financial Institutions Fund grant from the U.S. Department of Treasury to provide micro-loans and financial coaching to low-income residents and communities across Rhode Island. more
Despite a six-tenths of a percentage point decline in the percentage of Rhode Island homes with a mortgage in the foreclosure process from July 2013 to July 2014, the Ocean State lagged the nation, which saw foreclosure inventory fall eight-tenths of a percentage point to 1.7 percent. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly benefits private-equity firm HM Capital Partners LLC over other shareholders, a pension fund claimed in a lawsuit. more
Bank of America Corp.’s gaffe on U.S. stress tests has meant “tough consequences” for investors, CEO Brian T. Moynihan said Wednesday as his staff and directors regrouped to figure out what went wrong. more
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