When people talk about the big picture, it is usually a metaphor. But in the case of offshore wind energy, it's a lot more than that.
As this week's cover story and photo, "Will being first pay off for Ocean State?" make clear, offshore …
One percent hotel tax collections grew 19.3 percent year over year in May, and 14.4 percent during the first 11 months of the fiscal year compared with the same fiscal period a year prior, the state Department of Revenue said this week.
A change in accounting standards that will require governments to start disclosing the amount of unfunded pension and retiree benefits on yearly balance sheets could put new pressure on public officials to step up payments on these plans, according to speakers at a conference organized by Donoghue Barrett & Singal P.C. and the Rhode Island League of Cities and Towns.
Nationwide, a new report says that state public employee pension plans are underfunded by nearly $5.6 trillion. At $18.6 billion, Rhode Island’s unfunded liability is one of the smallest among the 50 states, thanks to its size and fewer employed workers.
Rhode Island has one of the highest percentages of Latino-owned businesses in New England, but many of these entrepreneurs report challenges in gaining access to capital and resources that could help their business grow, according to a new report by the Latino Policy Institute at Roger Williams University.
For those thinking that the finalized reforms to the state-worker pension system took care of all its issues, think again.
The outstanding problem is the fund's assumed rate of return. At the moment it is 7.5 percent. And with the reforms, …