Updated October 24 at 8:24pm
Economic Activity
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The foreclosure rate in the Providence-Warwick-Fall River metropolitan area was 1.52 percent in April, a drop of 0.15 percentage points compared with April 2015, CoreLogic said Tuesday. more
The world’s largest economy expanded more than previously projected in the first quarter as improved performance in trade and business investment more than made up for weaker consumer spending. more
CVS Health Corp. had the best performing stock in Rhode Island over a five-year period ending March 31, according to SmartAsset. more
U.S. stocks rose for the first time since Britain voted to leave the European Union, rebounding amid optimism that policymakers are committed to limit the fallout from the U.K.’s exit. more
The median sale price of a single-family home in Massachusetts in May was $347,000, the highest in eight months, The Warren Group said Tuesday. more
Despite being home to the nation’s oldest Fourth of July celebration in Bristol, Rhode Island, for the second year in a row, is considered one of the least patriotic states. more
Ocean State Job Lot will receive $7.8 million in state assistance to expand its distribution and logistics center at Quonset Business Park, if it moves ahead with the planned $49.1 million facility and creates more than 100 new jobs. more
The Providence-Warwick-Fall River metropolitan area falls in the middle of the 40 largest metros nationwide for its home price growth over the year in April, Black Knight Financial Services said Monday. more
Self-serve, regular gasoline prices stayed the same this week in Rhode Island, while they rose 1 cent in Massachusetts, AAA Northeast said Monday. more
Prime Minister David Cameron rejected calls for a do-over vote on leaving the European Union and set up a team of officials to prepare for withdrawal following the referendum last week that stunned the world and triggered financial-market turmoil. more
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