economy

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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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.

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