economy

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.

Read more
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.

Read more
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. 

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
Political Roundtable
4:00 am
Fri December 27, 2013

Political Roundtable: Looking Back at The Year in Rhode Island Politics

Credit File photo / RIPR

The Political Roundtable crew looks back at the top political stories of the year, including the race governor; the implementation of Obamacare in Rhode Island; the Ocean State's persistently high unemployment; and the emerging legacy of Lincoln Chafee.

Read more
Economy
9:10 am
Tue December 24, 2013

Target Security Breach Doesn't Keep Local Shoppers Away

Target at the Warwick Mall in Rhode Island, just days before Christmas.
Credit John Bender / RIPR

Big box store Target announced last week that a security breach exposed the credit and debit card information of some 40 million customers.

But asthe hours ticked down toward Christmas that didn’t keep Ocean state shoppers away.

With less than 48 hours to go before Christmas morning, a steady stream of customers moved in and out of the Target store at the Warwick Mall.

Many customers seemed unfazed or unworried by the security breach, and most continued to use their credit and debit cards.

Fred and Helen Butts were among many holiday shoppers.

Read more
Scott MacKay Commentary
9:01 am
Mon December 23, 2013

Scott MacKay Commentary: A Commercial Christmas Can Help The State's Economy

The 2013 Christmas tree at the Rhode Island Statehouse.
Credit Flo Jonic / RIPR

The hours are dwindling to Christmas and the annual shopping frenzy is on.

Rhode Island Public Radio political analyst Scott MacKay says we should shop local to support the Rhode Island the Rhode Island economy, and details what Congress can do to help.

Scott MacKay’s commentary can be heard at 6:35 and 8:35 every Monday on Morning Edition and at 5:50 on All Things Considered. You can also follow his political reporting and analysis at our ‘On Politics’ blog at ripr.org.

Read more

Pages