Updated October 27 at 12:29am
Local News
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The rout that swept through asset classes, taking oil below $30 a barrel and European and Asian stocks into bear markets, is pushing up gauges of investor stress around the world. more
European shares fell for a third day, led by losses in banks as investors shrugged off gains for energy companies and makers of household goods. The yen weakened as China stepped up efforts to curb foreign speculation against its currency, and crude oil fell after touching a 12-year low. more
For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
HealthSource RI enrollment has declined since last week because some enrollees failed to make their first premium payment by Dec. 31 for coverage and were canceled. more
An oceanographer at the University of Rhode Island’s Graduate School of Oceanography said temperatures in Narragansett Bay hit record highs and lows in 2015. more
New England Institute of Technology will offer a new bachelor of science degree program in rehabilitation sciences starting in July, Douglas H. Sherman, senior vice president and provost, said this week. more
Providence was named the most “up and coming city” in the annual “Best of GayCities” challenge, putting it on the “national radar,” according to the travel site. more
(Updated 1:24 p.m.) Stocks tumbled around the world, with U.S. equities headed for their lowest levels in 15 months, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering. more
Sam’s Clubs stores in Warwick, Fall River and Seekonk are closed today as part of Wal-Mart Stores Inc.’s plan to shutter 269 stores, including 154 stores in the United States. more
Rhode Island’s capital city is the fifth-highest in the nation for income inequality, behind Boston, New Orleans, Atlanta and Cincinnati, according to a report from The Brookings Institution. more
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