Updated November 24 at 7:24pm
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Millennials are developing a taste for expensive - and even luxury - automobiles and taking out cheap leases so they can afford them. more
As you’ve no doubt heard, China has devalued its currency. The exchange rate between the yuan (also known as renminbi, or RMB) and the dollar is always controlled by the Chinese government, which sets a value and allows the rate to trade in a narrow band around that value. more
The dollar fell from a four-month high after a private report showed July jobs growth was lower than forecast. more
Capital Properties Inc. saw revenue and profit increase 9.6 percent and 27.6 percent, respectively, for the second quarter that ended June 30. more
(Updated 11:11 a.m. and 12:43 p.m.) More than 120,000 National Grid customers in Rhode Island are without power due to an early morning thunderstorm that swept through the region. more
Paula Grammas, an international leader in the study of Alzheimer’s disease, has been named director of the neuroscience institute at the University of Rhode Island. more
The R.I. State Council on the Arts has awarded $765,531 to 131 different artists, schools and nonprofits for everything from operating support to funding community-based projects. more
Thirty-four of Rhode Island’s most progressive companies gathered Thursday to be recognized for promoting health and wellness in the workplace, at Providence Business News’ fourth Healthiest Employers lunch. more
Confidence among U.S. consumers eased for a second month in August as households braced for an increase in interest rates that could slow growth. more
Connecticut’s Mohegan Tribe, which own the Mohegan Sun casino, hasn’t been able to complete a $53 million bond sale as competition for investors in the high-yield municipal debt market increases. more
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