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Rhode Island's rental market among priciest in the country, according to a new affordable housing report
Rhode Island's rental market among priciest in the country, according to a new affordable housing report

Boston Globe

time4 days ago

  • Business
  • Boston Globe

Rhode Island's rental market among priciest in the country, according to a new affordable housing report

Rhode Island ranks as the 18th most expensive state to rent in the country, behind Massachusetts and Connecticut among New England states. Here's a state-by-state breakdown of the fair market rent (FMR) for a two-bedroom apartment along with the hourly wage a person needs to earn without spending more than 30 percent of their income. Advertisement Massachusetts Two-bed apartment FMR: $2,387 You need to earn: $45.90 an hour Connecticut Two-bed apartment FMR: $1,842 You need to earn: $35.42 an hour New Hampshire Two-bed apartment FMR: $1,824 You need to earn: $35.08 an hour Rhode Island Two-bed apartment FMR: $1,649 You need to earn: $31.71 an hour Vermont Two-bed apartment FMR: $1,546 You need to earn: $29.73 an hour Maine Two-bed apartment FMR: $1,478 You need to earn: $28.42 an hour You can read the NLIHC's full report This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Advertisement Dan McGowan can be reached at

For Rhode Island's publicly traded companies, recovery mixed after tariffs
For Rhode Island's publicly traded companies, recovery mixed after tariffs

Boston Globe

time27-06-2025

  • Business
  • Boston Globe

For Rhode Island's publicly traded companies, recovery mixed after tariffs

CVS Health June 26, 2025: $68.14 June 27, 2024: $58.36 ⬆️ 16.8 percent Market cap: $86.2 billion Textron June 26, 2025: $80.26 June 27, 2024: $86.34 ⬇️ 7 percent Market cap: $14.5 billion Hasbro June 26, 2025: $72.31 June 27, 2024: $58.16 ⬆️ 24.3 percent Market cap: $10.1 billion Citizens Bank June 26, 2025: $44.12 June 27, 2024: $34.63 ⬆️ 27.4 percent Market cap: $19.1 billion Washington Trust June 26, 2025: $28.17 June 27, 2024: $26.51 ⬆️ 6.3 percent Advertisement Market cap: $543.4 million United Natural Foods June 26, 2025: $21.48 June 27, 2024: $12.90 ⬆️ 66.5 percent Market cap: $1.3 billion Bally's June 26, 2025: $9.96 Nov. 21, 2024: $22.07* ⬇️ 54.87 percent Market cap: $488.2 million *Bally's stockholders approved a merger agreement with an affiliate of Standard General L.P. in November 2024. AstroNova June 26, 2025: $9.28 June 27, 2024: $15.15 ⬇️ 38.75 percent Market cap: $70.5 million This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Dan McGowan can be reached at

A new website explores the past and uncertain future of the historic Atlantic Mills in Providence
A new website explores the past and uncertain future of the historic Atlantic Mills in Providence

Boston Globe

time25-06-2025

  • Business
  • Boston Globe

A new website explores the past and uncertain future of the historic Atlantic Mills in Providence

Advertisement You can Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up Where else will you find interesting tales from both A tenant union has been formed at Atlantic Mills, but the preservation society has long been sounding the alarm that the complex could be redeveloped into luxury apartments, which would displace a lot of the creative people who still utilize the space – not to mention the most authentic flea market in the state. Advertisement This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Dan McGowan can be reached at

What does RI's proposed assault weapons ban mean for current gun owners?
What does RI's proposed assault weapons ban mean for current gun owners?

Yahoo

time03-06-2025

  • General
  • Yahoo

What does RI's proposed assault weapons ban mean for current gun owners?

EAST PROVIDENCE, R.I. (WPRI) — The Rhode Island House Judiciary Committee has scheduled a vote Tuesday on a proposal to ban assault-style firearms. While fully automatic weapons, such as machine guns, are already illegal in Rhode Island, the Assault Weapons Ban Act of 2025 (H5436) aims to prohibit the purchase, sale, manufacturing, and possession of certain weapons, including semi-automatic shotguns, rifles and pistols. In the video above, Boston Globe columnist Dan McGowan joined Patrick Little on 12 News This Morning to go in-depth about the proposed ban. MORE: Globe RI & 12 News Stories Globe RI on » Globe RI & 12 News Partnership: WPRI 12 partners with The Boston Globe Rhode Island to deliver unmatched local news coverage MORE: Globe RI & 12 News Stories Download the and apps to get breaking news and weather alerts. Watch or with the new . Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

R.I. must lower taxes to attract DraftKings, FanDuel, report finds
R.I. must lower taxes to attract DraftKings, FanDuel, report finds

Boston Globe

time22-05-2025

  • Business
  • Boston Globe

R.I. must lower taxes to attract DraftKings, FanDuel, report finds

Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up Spectrum's report recommends between four and six companies be awarded licenses in the state, noting that every other state in New England has multiple vendors. Advertisement Yes, but: The report found that 'absent changes to the state's online sports wagering to make it more competitive, Spectrum believes there would not be a market response to opening the state to additional operators.' Spectrum outlined several recommendations for making the state more attractive to other companies, including lowering the effective tax rate to be more in line with neighboring states. It also suggests that there may need to be a change to the state constitution to allow online betting servers to be hosted outside of the state's two existing casinos in Lincoln and Tiverton. Advertisement The bigger picture: Rhode Island was the first state in New England to legalize sports betting (both in-person and online), but efforts to appease existing Rhode Island companies (IGT and Bally's) and generate as much tax revenue as possible has left the state in a pickle. The rest of the region now offers more options to gamblers and has lower tax rates for operators. That makes the path to bringing DraftKings or FanDuel to the state more complicated than passing a single piece of legislation. Then again, after that brutal loss by the Knicks last night, maybe sports betting should be banned entirely. This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Dan McGowan can be reached at

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