Government
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Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three additional Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation. more
Rhode Island ranks No. 29 among U.S. states and the District of Columbia in an analysis of states’ opportunity and economic mobility, released Monday by nonprofit organizations Measure of America and Opportunity Nation. more
The September U.S. employment figures, delayed by the 16-day partial shutdown of the federal government that ended today, will be issued on Oct. 22, the Labor Department said. more
When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime. more
Members of the Capital Center Commission are appealing to lawmakers and the city for help enforcing land-use rules its members say have been flouted by Gov. Lincoln D. Chafee’s administration in parking lot projects at the Statehouse. more
The R.I. Department of Labor and Training has received $1.6 million from the U.S. Department of Labor to finance improvements to the state’s unemployment insurance system. more
Fitch Ratings has assigned an AA rating to Rhode Island’s $40.65 million in 2013 consolidated-loan, general-obligation bonds, the agency announced Wednesday. more
Americans in October were the most pessimistic about the nation’s economic prospects in almost two years as concern mounted that continued political gridlock will hurt the expansion. more
U.S. financial conditions climbed to the highest level on record amid speculation lawmakers will agree to a deal to raise the debt ceiling and avert a default. more
Secretary of State A. Ralph Mollis will debut the State Archives Online Catalog at an official unveiling on Thursday at Rhode Island College. more
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