economy

The Bottom Line
3:11 pm
Fri March 7, 2014

The Bottom Line: Why More Homes Are Selling For More In RI

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment The Bottom Line.

This week Dave and Mark talk with Bruce Lane, president-elect of the Rhode Island Association of Realtors. They discuss rising home prices in the state, the impact this bad winter has had on home sales and how the housing market affects the local economy.

 

 

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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The Bottom Line
10:25 am
Mon March 3, 2014

The Bottom Line: What Will It Take To Pump Life Into RI's Economy?

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment The Bottom Line.

This week Chuck Hinman fills in for Dave, he and Mark talk with Dean of Providence College's School of Business, Dr. Sylvia Maxfield. They discuss efforts to pump life into the state's economy, such as the Make It Happen project, and what needs to be done to improve Rhode Island's business climate.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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Politics
8:54 am
Wed February 26, 2014

GOP Candidate Ken Block Presents Plan To “Fix Rhode Island”

Block's plan calls for ambitious tax reforms, some of which have been brought up, and failed in previous legislative sessions.
Credit Flo Jonic / RIPR

Republican gubernatorial candidate Ken Block announced his “Block Plan” to “fix Rhode Island,” should he be elected governor.

Block outlined a series of major tax reforms he would pursue, including reducing the corporate sales tax from 9 percent to 7 percent.  That would make it the lowest in New England.

He also called for eliminating a $500 minimum tax for new businesses. Block said the current tax policy makes Rhode Island an uninviting place for businesses and entrepreneurs.

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Providence
8:40 am
Tue February 11, 2014

New Life For The 'Superman' Building?

The 'Superman building' in downtown Providence has sat vacant since last April.
Credit RIPR FILE

There may be new hope for the tallest building in Rhode Island.  But efforts to rehab the so-called Superman building, in downtown Providence, failed just last year.

The 26 story building, built in 1928 went dark in April of last year, when its tenants, Bank of America, moved out. The owner, Massachusetts-based High Rock Development, proposed a plan to turn the office space into residences.

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The Bottom Line
2:02 pm
Fri January 31, 2014

The Bottom Line: PBN Survey Finds More Jobs Will Open Up In 2014

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and Mark pour over the latest PBN survey of local businesses. PBN has been conducting the survey since 2008, and this one is more optimistic than in years past: it finds more businesses expect to hire in the coming year and capital investment is up.

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Political Roundtable
4:00 am
Fri January 31, 2014

Political Roundtable: Langevin on Immigration, the Economy, and the NSA

Credit Ian Donnis / RIPR

Second District Congressman Jim Langevin joins Political Roundtable this week to discuss President Obama's State of the Union address; Clay Pell's entry in the Democratic primary for governor; and his re-election battle with Republican Rhue Reis. 

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Governor's Race
9:11 am
Fri January 24, 2014

Party Lines Drawn Over Minimum Wage Increases Between Gubernatorial Candidates

Cranston Mayor and gubernatorial candidate Allan Fung, along with fellow Republican candidate Ken Block, says now is not the time to raise the state minimum wage. The two Democratic candidates disagree.
Credit Ian Donnis / RIPR

In the governor's race Republicans are responding to Democratic proposals to raise the state’s minimum wage.

It’s an issue that’s dividing candidates along party lines.

Providence Mayor and Democratic Gubernatorial candidate Angel Taveras was the first to give specifics about a plan to hike the minimum wage.

He’s proposing a two-dollar ten cent increase over the next four years; from eight dollars to ten-dollars ten cents by 2018.

Fellow Democratic candidate for governor, and state treasurer Gina Raimondo wants to see the same increase, but by 2015.

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Economy
8:45 am
Tue January 21, 2014

State Leaders And Lawmakers Meet To Discuss Jumpstarting The Local Economy

Rhode Island is currently tied with Nevada for the highest unemployment in the country.
Credit RIPR FILE

Political and business leaders are meeting in a couple events Tuesday looking at how to rev up the state’s economy.

The first event is a roundtable centered on the national issues, such as patents, facing the state’s innovation industry, and how this industry can help boost Rhode Island’s struggling economy.

Both Senator Jack Reed and Sheldon Whitehouse will attend the roundtable, along with Congressman David Cicilline.

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Real Estate
1:45 pm
Tue January 7, 2014

Most Significant Decline In Rhode Island Home Sales In Over Two Years

The Rhode Island Association of Realtors says home sales were down eleven percent in the state during during November as compared to 2012.

The Realtors' Association says the decline in sales was the most significant lull in the past thirty months.

They say sales were likely down thanks in part to the federal government shutdown in October, and rising interest rates.

However, the median home price in Rhode Island was up three percent at $201,000.

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Politics
4:00 am
Tue January 7, 2014

Paiva Weed On 38 Studios, Sakonnet Tolls + Moving the Needle

Paiva Weed during a news conference last year
Credit Ian Donnis/File Photo / RIPR

Senate President Teresa Paiva Weed sat down prior to the start of the new General Assembly session to discuss top issues facing the state, including the economy; the growing cost of paying back investors in 38 Studios, Sakonnet River Bridge tolls, voter ID, and more.

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