Rhode Island

The $8 billion Employees’ Retirement System of Rhode Island returned 0.41% in the June quarter, state Treasurer General Seth Magaziner reported.

Rhode Island asset manager Michael Riley has asked the SEC to examine the Providence, R.I., pension fund over a $62 million spike in its unfunded liability.

Rhode Island’s Senate finance committee is scheduled to vote on a proposed $8.7 billion state budget one day after the House approved it unanimously.

Rhode Island General Treasurer Seth Magaziner is nominating Robert Benson, Marie Langlois and Marcia Reback to the State Investment Commission and Marianne Monte to the State Retirement Board.

A federal judge ordered former Rhode Island House Speaker Gordon Fox to three years for stealing $108,000 of campaign donations, accepting a $52,000 bribe and filing false tax returns

Rhode Island lawmakers must approve now that Superior Court Judge Sarah Taft-Cater signed off on a class-action settlement in the lawsuit over the state's 2011 law that overhauled pension benefits.

Rhode Island Superior Court Judge Sarah Taft-Cater late Tuesday signed off on a class-action settlement in the lawsuit over the state’s 2011 law that overhauled pension benefits.

State Treasurer Seth Magaziner and retired Superior Court Judge Frank Williams urged Rhode Island lawmakers to approve the pension overhaul lawsuit compromise.

Retired Rhode Island Superior Court Judge Frank Williams will mediate the lawsuit against now-defunct video game company 38 Studios.

Rhode Island Gov. Gina Raimondo proposed user fees for large commercial trucks to backstop a $700 million bond for transportation infrastructure.

Kerri Baker will serve as Rhode Island Treasury's chief transparency officer, state General Treasurer Seth Magaziner announced.

Rhode Island Treasurer Seth Magaziner unveiled a transparency initiative, which includes several policies and tools that he said would enhance accountability.

Moody's upgraded once-bankrupt Central Falls, R.I.'s GO bonds to Ba2 from Ba3, while keeping a stable outlook.

James Skeffington, part of a group that purchased the Pawtucket Red Sox minor league baseball franchise and envisioned a new stadium in Providence, died of a heart attack. He was 73.

As construction crews work on a $56 million minor-league baseball stadium north of downtown Hartford, Conn., state lawmakers joust over its financing.

Rhode Island Gov. Gina Raimondo throws a little chin music at the new owners of the Pawtucket Red Sox, who want to build a ballpark in downtown Providence.

Rhode Island's serious financial challenges extend well beyond the headline 38 Studios bond financing controversy, said a report by Gurtin Fixed Income Management.

Twin River Management Group, which operates a namesake casino in Lincoln, R.I., said intends to move the Newport Grand facility to Tiverton, R.I., where it has secured purchase rights.

The Providence, R.I., City Council will consider a proposal to borrow $57.7 million for upfront costs of a 1.6-mile streetcar line.

A pension-benefit compromise could help Gov. Gina Raimondo fulfill her goal of changing perceptions of Rhode Island.