4+ hour, 10+ min ago  (108+ words) When President Donald Trump announced earlier this year that he planned to order credit card companies to cap the annual percentage rate at 10% for one year, the proposal touched off an uproar of sorts. Such a move would effectively halve…...

1+ mon, 1+ day ago  (531+ words) Jonathan Burks, executive vice president of economic and health policy at the Bipartisan Policy Center said "large deficits are unprecedented for a growing, peacetime economy" though "the good news is there is still time for policymakers to correct course." "We…...

1+ mon, 2+ week ago  (118+ words) Analyst: Debt, deficits, stimulus not fixing underlying problems'Providence Business News The last few decades have seen American consumers increasingly reliant on credit to maintain spending, a trend that began in the 1990s. The federal government is often too ready to oblige....

1+ mon, 2+ week ago  (575+ words) The average long-term U.S. mortgage rate edged up for the second week in a row, but remains just above its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.1% from 6.09% last week, mortgage buyer…...

1+ mon, 2+ week ago  (121+ words) For PBN summit panel, government's role in economy a tricky balance'pbn.com The role of government and the use of taxpayer money to spur the economy took center stage at Providence Business News' 2026 Economic Trends Summit on Jan. 22, including the…...

1+ mon, 2+ week ago  (121+ words) Businesses stuck in neutral along with stagnant economy'pbn.com Rhode Island business owners need a jolt. That's the biggest takeaway from PBN's 2026 Winter Business Survey. A malaise that took hold last year amid repeated federal efforts to claw back funding,…...

1+ mon, 3+ week ago  (209+ words) R.I. monthly unemployment stays at 4.3% in December'pbn.com CRANSTON " Rhode Island's seasonally adjusted unemployment rate in December was 4.3%, same as November, the R.I. Department of Labor and Training said Thursday. The U.S. unemployment rate was 4.4% in December, down from 4.5% in November, according to…...

1+ mon, 4+ week ago  (64+ words) Most-read stories on PBN.com, December 2025Providence Business News To Continue Reading This Article - Critical RI business news and analysis updated daily. The holidays are often painted as a time of joy, tradition, and togetherness. But for" LEAVE A REPLY Cancel…...

1+ mon, 4+ week ago  (106+ words) For Rhode Island's business owners, homeowners and lenders, 2026 is shaping up to be a year defined in part by two questions: When will interest rates come down? And by how much? After years of elevated borrowing costs aimed at cooling…...

1+ mon, 4+ week ago  (105+ words) Are we in a recession? If not, how likely is it and when? It sounds all too similar to the start of 2025 for local businesses. The uncertainty, fueled by tariff hikes and federal funding disruptions, led to a year of…...