Offshore winds may be the greatest untapped resource in the US, as developers build the first wind farm off the coast of Rhode Island.» Read More
PROVIDENCE, R.I.-- A committee of the Rhode Island General Assembly is holding its second meeting to review the state's economic development programs following the state's bad investment in Curt Schilling's failed video game company. The Joint Committee on Economic Development is scheduled to meet Monday afternoon.
CNBC's Scott Cohn reports which U.S. state came in last in CNBC's annual ranking of the "Top State for Business."
The Ocean State didn't just place last in our overall rankings for the second year in a row, it also finished in the bottom five of four individual categories in 2012. A little Providence, please.
The Lone Star State is tops again, displacing Virginia, which didn't even finish second this year. And who's last? Rhode Island.
Gina Raimondo, Rhode Island General Treasurer, explains how she convinced state lawmakers to pass the boldest pension reform laws in the past ten years.
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State governments wait hopefully to collect the taxes on the Mega Millions jackpot, which would give a boost to struggling states.
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The governor of Rhode Island said he is looking to revise or eliminate onerous and unnecessary permit delays and regulations that increase the cost of doing business in the state.
While politics on the national scene are a continual show of gridlock, politics, and fingerpointing as the economy struggles, the state of Rhode Island managed to cut its pension liabilities and save taxpayers $4 billion. How did it do it? By putting aside politics and focusing on the math, state General Treasurer Gina Raimondo told CNBC Wednesday.
Rhode Island is trying to boost its finances and fend off downgrades as it passes a broad reform of its pension system, with Gina Raimondo, Rhode Island general treasurer. The way to solve fiscal problems is to leave politics aside, she says.
From emergency preparation to landfall, see how the Northeast is impacted by Hurricane Irene.