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Rhode Island GO bond offering has begun

Rhode Island continues to move in the right direction, a fact reflected in recent news about our state’s bond ratings. When faced with market uncertainty, government bonds offer investors the opportunity to diversify their investments and reduce risk. Historically, Rhode Island bonds have been a popular option, delivering competitive returns and minimal risk at a sustainable cost to taxpayers.Recently, Fitch Ratings, one of three top global credit rating agencies, upgraded Rhode Island’s Long-Term Issuer Default Rating (IDR) from ‘AA’ to ‘AA+’, reflecting our commitment to strong fiscal management and economic...
Stock Market

Stock market still leery of Trump

Analysis of the S&P 500, Dow Jones industrial average and Nasdaq during Donald Trump's second term in office and how it compares to the first terms of Barack Obama and Joe Biden.One hundred and one days into Donald Trump's second presidency, investors aren't as sure as they were about the short-term outlook for America's businesses as they were when he took the oath of office.In the weeks between Trump's election and inauguration, the Dow Jones industrial average and the S&P 500 rose more than 4%, as investors expected more pro-business...
USA Property

Five takeaways from Palm Beach’s pandemic-sparked real-estate boom

The real-estate frenzy sparked by the arrival of coronavirus pandemic in 2020 has had lasting effects on Palm Beach real estate. Here are some highlights.Video: Morning traffic enters Palm Beach over Flagler Memorial BridgeVideo: Early morning drivers enter Palm Beach across the Flagler Memorial Bridge February 13, 2025.Five years after the coronavirus pandemic arrived in Palm Beach, its boom-time effects on local real estate continue to resonate.Although the real estate frenzy has cooled a bit over the past two years, home prices in Palm Beach remain higher and the number...