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Two Rhode Island firms have been named to Qualified Remodeler magazine’s Top 500 Remodelers of 2014 list, ranked by 2013 remodeling-gross sales. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
CBS Corp., owner of the most-watched U.S. television network, agreed to renew affiliation agreements for 12 stations owned by Lin Media LLC, helping the local-TV chain cement the terms of its takeover by Media General Inc. more
The economy in the United States expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years that bodes well for the rest of 2014. 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
The Providence-Fall River-Warwick metro area added 500 construction jobs in July when compared with July 2013, a 2.3 percent gain for a total of 22,400, according to non-seasonally adjusted figures published by the Associated General Contractors of America Wednesday. more
Keeping its streak of year-over-year passenger traffic declines intact, T.F. Green Airport posted a 3 percent drop in July, as 346,416 people traveled to and from the state’s largest airport. more
American families will need to continue to reduce debt, which means consumer spending and economic growth will be slow to accelerate, according to research from the Federal Reserve Bank of St. Louis. more
The U.S. budget deficit will narrow less than forecast this year even as it falls to the lowest level since 2007 as a share of the economy, according to the Congressional Budget Office. more
The R.I. Department of Labor and Training has recovered more than $4.6 million so far this calendar year from individuals or employers trying to “game the system,” Director Charles J. Fogarty said in a department email newsletter. more
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