Featured

REMI Study Confirms RhodeWorks Will Add Thousands of Jobs, Boost Rhode Island’s Economy

PROVIDENCE, - Governor Gina M. Raimondo and Director of the Office of Management and Budget Jonathan Womer today announced the findings of the RhodeWorks economic impact study conducted by Regional Economic Models, Inc. (REMI). According to the study: RhodeWorks will increase the State's GDP by $538M; RhodeWorks will increase personal income by $521M; and RhodeWorks will create a net total of 6,487 jobs "Rhode Island cannot afford to sit on the sidelines while our infrastructure continues to deteriorate," said Raimondo. "This study again confirms that RhodeWorks is a smart approach to fix our crumbling infrastructure, create thousands of jobs, and…
Read More »
Featured

Pope Francis Heads to New York

VOA News Three days into his historic first visit to the United States, Pope Francis shifts his attention from the nation’s political capital to its economic heart. His flight Thursday afternoon from Washington’s nearby Joint Base Andrews was expected to land at New York’s John F. Kennedy International Airport at about 5 local time (9 GMT). The 78-year-old pontiff continues a jam-packed itinerary in New York. After a short helicopter ride to Wall Street, he plans to lead an evening prayer service at St. Patrick’s Cathedral in midtown Manhattan. On Friday, Francis is scheduled to address world leaders at the…
Read More »

Dealers, Owners Feel Frustrated, Betrayed by VW Scandal

Associated Press LOS ANGELES—Bob Rand bought his Volkswagen Passat last year for its clean emissions and high gas mileage. He liked the car so much he convinced his son and a friend to buy one, , as Volkswagen comes clean about rigging diesel emissions to pass tests, Rand is desperately trying to sell the fully loaded model with white leather seats for $10,000 below what he paid. His sole bite has been from a man who offered $7,500 on speculation that he could resell it in Mexico. “Volkswagen was somebody that you could rely on for cutting-edge products and quality…
Read More »
Featured

Renovated, NY Cathedral Ready for Pope Francis

NEW YORK —Pope Francis is headed to 5th Avenue in Manhattan.  There, across from Rockefeller Center and New York City's famous shopping district, stands St. Patrick’s Cathedral - the largest Neo-Gothic style Roman Catholic cathedral in the United States -- where the pontiff will hold an evening prayer, shortly after arriving on September visitors - 5 million annually - the cathedral remains one of New York City’s top tourist destinations.  It was completed in 1879, after 21 years of construction, standing 100 meters above the street, seating 2,400 people and featuring more than 2,800 stained glass panels. Tourists from near…
Read More »
Featured

Pope Urges Congress to Work Together, Care for People

CAPITOL HILL—Pope Francis used his address to a deeply divided Congress to call on the lawmakers to renew “a spirit of fraternity and solidarity, cooperating generously for the common good.” "A political society endures when it seeks, as a vocation, to satisfy common needs by stimulating the growth of all its members, especially those in situations of greater vulnerability or risk. Legislative activity is always based on care for the people," Francis said, in the first papal address in Congress' history. "Your own responsibility as members of Congress is to enable this country, by your legislative activity, to grow as…
Read More »

Raimondo Appoints Purcell and Thompson to the New England Board of Higher Education

PROVIDENCE, - Governor Gina M. Raimondo has appointed Commissioner James E. Purcell, and Naomi R. Thompson, Esq. to the New England Board of Higher Education (NEBHE). "Education is the ladder to the middle class and here in Rhode Island we need to do everything possible to prepare our young students to compete in the 21st century economy," said Governor Raimondo. "NEBHE provides us with incredible expertise and a forum to share and learn from our neighboring states. I am confident that Commissioner Purcell and Naomi Thompson will do a great job representing Rhode Island and I thank them for their…
Read More »
Featured

Reed Applauds White House Plan to Simplify Federal Student Aid Process

Senator urged changes to make applying for federal financial aid easier for students and families WASHINGTON, DC –  Senator Jack Reed today commended the Obama Administration for making a series of needed changes that will simplify the Free Application for Federal Student Aid (FAFSA) application process and make applying for financial aid easier for college-bound students and their families.  Reed urged these changes in a letter to the White House in June, arguing that families needed more reliable information earlier in the college admissions process to make the best and most informed decisions possible. The new White House initiative will allow students…
Read More »
Local News

Cicilline Statement on Ex-Im Bank’s Expiration Forcing 500 GE Jobs Overseas

PAWTUCKET – Congressman David N. Cicilline (D-RI), who has repeatedly urgedCongress to reauthorize the Export-Import Bank, issued the following statement today after General Electric announced it would move 500 American jobs overseas as a result of Congress allowing the Export-Import Bank’s charter to expire earlier this year: “Yesterday’s announcement that General Electric is moving 500 American jobs overseas is the clearest evidence to date that conservative Republicans are hurting middle class families by refusing to reauthorize the Export-Import Bank. Over the last eight years, the Ex-Im Bank has provided more than $20 million in insured shipments, guaranteed credit, or disbursed loans for Rhode Island companies. And just last year, it supported…
Read More »
Featured

Poll: Fed Expected to Hold Fire on Interest Rates for Now

Reuters, September 16, 2015 The Federal Reserve will hold fire a bit longer on its first interest rate rise in nearly a decade, according to a little over half of economists in a Reuters poll who only last week narrowly predicted the Fed will pull the trigger on Thursday. The survey of 80 economists based in North America and Europe was taken over the last 24 hours as each panelist was asked to reconfirm if they still held the same position, while a few who couldn't be reached last week were also polled. Trying to predict whether the Fed will hike…
Read More »
Featured

Putin Defends Russian Military Aid to Syria

VOA News Russian President Vladimir Putin defended his country's military support for Syria, saying Tuesday that Russia will continue to aid President Bashar al-Assad's forces in their "fight against terrorist aggression." Speaking at a regional security conference in Tajikistan, Putin said Assad is open to working with the "healthy" opposition in Syria on a political solution to the conflict that has stretched on for four and a half years, but that the focus must first be on terrorism. Assad has routinely used the word "terrorist" to describe rebels who have opposed his forces in the fight that has grown in…
Read More »