economy

Rhode Island has a long way to go to fix problems caused by short-term rentals

BY: - December 7, 2023

The complex web entangling short-term rentals in Rhode Island has a new twist. Namely, that the licensing process more than half a dozen cities and towns have adopted to regulate Airbnb, VRBO and other short-term rentals, might be breaking state law. That’s what Michael Marcello thinks. The Tiverton solicitor and former state representative dropped the […]

Some states’ economies cool even as the nation’s sizzles

BY: - December 7, 2023

A still-roaring national economy grew at an unexpectedly robust 5.2% annual rate in the third quarter of this year, but early indicators show a more mixed picture for many states heading into the holidays. The preliminary unemployment rate rose in 38 states and economic output slowed in 32 states in October, according to a Stateline […]

Treasurer reunites thousands of Rhode Islanders with unclaimed property funds in time for holidays

BY: - December 6, 2023

Nearly 9,000 Rhode Island residents will soon receive checks from the state as it returns over $2.4 million in unclaimed property funds to their rightful owners. The office of General Treasurer James Diossa announced Wednesday that checks of up to $2,500 will be mailed to individuals starting this week under the Rhode Island Treasury’s Your […]

Massachusetts tax revenues take dive in November

BY: - December 6, 2023

BOSTON — Massachusetts tax revenues took a dive during November and are running 4.3% below forecasted levels through the first five months of the fiscal year, reinforcing concerns that state government needs to slow its pace of spending. The Massachusetts Department of Revenue reported on Tuesday that tax collections in November totaled $2.25 billion, nearly […]

NOAA research base completion now slated for 2027

BY: - December 6, 2023

Plans to relocate a federal marine operations and research base to Newport are taking shape, although the project will take longer than first anticipated. The U.S. Navy, on behalf of the National Oceanic and Atmospheric Administration (NOAA), announced on Tuesday it awarded a $146.8 million contract to a New York company to design and build […]

Advocates want to change these four things in the state cannabis law next year

BY: - December 5, 2023

CRANSTON — With infused drinks, charcuterie, and the blasting beats of Drake, a group of over three dozen industry advocates, leaders, and lawmakers gathered on a Friday night to celebrate the anniversary of the first legal marijuana sale. The Dec. 1 celebration at an event space in Cranston’s Rolfe Square also served as a forum […]

This land is our land: States crack down on foreign-owned farm fields

BY: - December 5, 2023

Andy Gipson gets concerned even when American allies such as the Netherlands and Germany invest in large swaths of Mississippi’s farmland. “It just bothers me at a gut level,” he said. For Gipson, Mississippi’s commissioner of agriculture and commerce, the growing trend of foreign ownership could threaten what he views as the state’s most valuable […]

Breeze Airways, Rhode Island FC score multi-year partnership deal

BY: - December 4, 2023

Rhode Island’s newest airline and professional men’s soccer club have teamed up under a sponsorship deal announced Monday at a press conference with Gov. Dan McKee at Rhode Island T.F. Green International Airport. The multi-year partnership between Rhode Island F.C. and Breeze Airways makes the budget airline the exclusive airline partner for the United Soccer […]

Is pension reform a ‘lose-lose’ proposition? State panel is going to find that out

BY: - December 4, 2023

Twelve years is a long time to harbor resentment. Ask the 28,000 retirees in the state pension system, who are struggling to keep up with daily expenses without the guaranteed annual pension adjustments they were promised. Or the 60,000 active workers within the pension system, working demanding jobs for more time than they originally planned […]

Remote work declining in Massachusetts, traffic is not

BY: - December 4, 2023

Second of three parts It’s pretty clear that troubles with the MBTA are dragging down the transportation grades for state leaders. When a new poll for the Barr Foundation asked those surveyed to name the top transportation issue facing Massachusetts, 39% cited issues with the existing public transportation network. That was the clear top item, […]

Last-minute snag delays vote on New Jersey casino smoking ban

BY: - December 1, 2023

Lawmakers delayed a long-anticipated vote on a bill to ban smoking in Atlantic City casinos Thursday after failing to secure the necessary support to advance it out of committee, dashing the hopes of casino workers who say their health is at risk the longer smoking is permitted in their workplace. The delay came after the Senate’s health […]

Life Science Hub board slowly taking shape

BY: - November 30, 2023

Rhode Island’s new life science agency is coming into focus, with three of the 15 board members publicly named. Gov. Dan McKee on Tuesday announced two more picks for the Rhode Island Life Science Hub board: Ernie Almonte, executive director for the Rhode Island League of Cities and Towns, and Armand Sabitoni, who retired as […]