Economic Activity

Government
Jun 19

House finance committee approves $8.2B fiscal 2014 budget

The House Finance Committee approved an $8.2 billion Rhode Island budget for fiscal 2014 unveiled by Democratic leaders Tuesday night that forgoes a corporate tax-rate cut sought by Gov. Lincoln D. Chafee, but includes the first state payment for the failed 38 Studios LLC loan guarantee.
Defense Industry
Jun 19

Raytheon wants Pentagon to hold competition for anti-ship missile

Raytheon Co., the world’s largest missile maker, is challenging a Pentagon plan to use a Lockheed Martin Corp. anti-ship weapon and is asking for a chance to offer an alternative.
Economic Indicators
Jun 18

Tax Foundation: Federal assistance is 38% of R.I. revenue

Federal assistance accounts for 38.3 percent of Rhode Island’s general revenue, according to the Tax Foundation, which released a map on Monday depicting federal aid as part of general revenue for all 50 states.

Economic Indicators
Jun 18

Regional consumer prices rise 1.2% in May

The Consumer Price Index in the Northeast rose 1.2 percent over the last 12 months to 248.6 in May, according to a report from the U.S. Bureau of Labor Statistics.
Justice
Jun 18

1st Circuit throws foreclosure process into limbo, orders action

A federal appeals court has sided with lenders challenging an injunction in Rhode Island’s improper foreclosure case, remanding the case back to U.S. District Court for further review.
Economic Activity
Jun 18

Consumer prices in U.S. increased less than forecast in May

The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.
Arts
Jun 17

RISD Museum announces name change, revamps online presence

The art museum at the Rhode Island School of Design has revamped its public presence with a new name and a new website, the museum announced Monday.
Calendar
PBN Hosted
Events

The 2nd Annual Healthiest Employers event will recognize employers who have strong, effective Health and Wellness programs in the region. Deadline for enrollment is June 28th.
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