Updated February 14 at 12:27am
Local News
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The Federal Reserve said it will analyze in its annual stress tests how 33 large banks, including Bank of America Corp. and JPMorgan Chase & Co., would withstand a severe global recession, a doubling of the U.S. unemployment rate to 10 percent and moderate deflation. more
The U.S. economy expanded at a slower pace in the fourth quarter as households tempered spending and businesses cut back on capital investment and made further adjustments to inventories. more
A $1.45 million settlement has been reached between the University of Rhode Island and its insurance carrier with the family of a University of Rhode Island baseball player who died three days after a “strength and conditioning” team workout on the campus in October 2011. more
A revised proposal for RhodeWorks that takes into account additional federal funds for transportation, and which eliminates a reliance on toll-backed revenue bonding, will be introduced Thursday, according to legislative leaders and Gov. Gina M. Raimondo. more
Brown University led local colleges and universities with the largest endowment and largest percentage increase for the fiscal year that ended June 30, according to the Chronicle of Higher Education. more
Fidelity Charitable donors recommended a record $3.1 billion last year in grants to support more than 106,000 charities. more
The Ocean State had the fourth-highest month-over-month increase in defect frequency in December, according to First American Financial Corp., which estimates the frequency of defects, fraudulence and misrepresentation submitted in mortgage loan applications. more
Brookline Bancorp Inc. on Thursday reported 2015 profit grew 15.5 percent to $52.4 million, or 71 cents per diluted share, compared with $45.3 million, or 62 cents per diluted share, in 2014. more
(Updated 11:31 a.m., 12:24 p.m. and 4:09 p.m.) Former mayor Vincent A. “Buddy” Cianci Jr. has died, according to news reports. more
Meredith Corp. walked away from its attempt to merge with Media General Inc., allowing Nexstar Broadcasting Group Inc. to proceed with its plan to acquire the TV station owner after months of negotiation. more
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