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The Standard & Poor’s 500 Index posted its best week since July, rebounding from a technology-driven selloff, as corporate earnings from major Wall Street banks to Yahoo! Inc. surpassed estimates. more
With a dozen words, President Barack Obama offered a campaign argument that he’s counting on to turn his health-care law from a liability into a winner for the November elections. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
Rhode Island’s commercial real estate market saw improvement across all sectors in 2013, but high vacancy rates, shorter lease terms and a dearth of high-bay warehouse properties continue to challenge the market’s recovery. more
Despite a drop in Rhode Island’s unemployment rate to a seasonally adjusted 8.7 percent in March, the Ocean State again ranked as the state with the highest jobless rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
Salve Regina University is launching a new graduate program in nursing with a family’s $1 million gift, the university announced Thursday. more
The seasonally adjusted unemployment rate in Rhode Island dropped to 8.7 percent in March, according to statistics released Thursday by the R.I. Department of Labor and Training. Still higher than the national unemployment rate of 6.7 percent for March, the Rhode Island figure is the lowest unemployment rate since September 2008, the DLT said in a release. more
Two Rhode Islanders will be honored among more than 50 Global Enterprising Educators and Global Young Entrepreneurs receiving awards at the 2014 Network for Teaching Entrepreneurship Gala. more
(Updated, 4:32 p.m.) Webster Financial Corp., parent company of Webster Bank, N.A., reported net income of $47.8 million in the first three months of 2014, an increase of 2.2 percent compared with the same period last year. more
President Barack Obama’s proposed 2015 budget would increase taxes by $1.4 trillion over the next decade compared with current law, the budget agency said. more
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