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Average long-term U.S. mortgage rate falls to 7.5% in second straight...

LOS ANGELES (AP) – The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for...

Average long-term U.S. mortgage rate climbs to 7.09%, highest level in...

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers...

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions 

WASHINGTON (AP) – Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and...

McKee turns over email alleging official’s misconduct

PROVIDENCE – Under orders by Attorney General Peter F. Nerhona, Gov. Daniel J. McKee on Thursday made public the email that details misconduct by...

Average long-term U.S. mortgage rate climbs to 6.79% this week, highest...

LOS ANGELES (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level since November, driving up borrowing costs for...

Impact of U.S. defaulting on its debt will be felt globally

WASHINGTON (AP) – If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America's economy would hardly sink alone.  The repercussions...

Five Questions With: Michael Ice

Michael Ice is an associate teaching professor at the University of Rhode Island’s College of Business Administration with more than 30 years of experience...

Treasury recommends exploring creation of a digital dollar 

WASHINGTON (AP) – The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying...

Markets shudder on dashed inflation hopes; Dow falls 1,250

NEW YORK (AP) — Stocks tumbled to their worst day in more than two years Tuesday, knocking the Dow Jones Industrial Average down more...

Providence Revolving Fund allocated $1.6M in federal funds

PROVIDENCE – The Providence Revolving Fund was awarded $1.6 million in federal CDFI Rapid Response Program funds, state congressional lawmakers announced Monday. The announcement follows...
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