Updated June 30 at 5:30pm
Local News
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Fewer Americans than forecast signed contracts to buy previously owned homes in June, a sign residential real estate is struggling to strengthen. more
Gas prices in Rhode Island and Massachusetts dropped another 4 cents this week, according to the weekly survey by AAA Southern New England. more
Mark Stewart has been appointed the new state director of the R.I. Small Business Development Center, Stewart told Providence Business News Monday. Stewart, who was previously director of the Small Business Center at Halifax Community College in Weldon, N.C., began his job in Rhode Island in June. more
The Fogarty Center is working to merge with Ocean State Community Resources Inc., a process that will be complete by January 2015. more
U.S. stocks fell, after the Standard & Poor’s 500 reached a record on July 24, as home sales declined and investors watched overseas crises before this week’s Federal Reserve policy decision. more
The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported. more
The Centers for Medicare & Medicaid Services has awarded a $53 million contract to nonprofit health care agency Healthcentric Advisors, the federally designated Quality Improvement Organization for Rhode Island. more
The R.I. Department of Education on Wednesday announced a partnership with The Learning Accelerator to make Rhode Island the nation’s first “fully blended-learning” state, combining traditional teaching methods with personalized, online elements geared toward improving student engagement and achievement. more
Spending on non-residential construction in the U.S. will be less than initially projected as state and local governments scale back investments in such properties as schools and health care buildings, the American Institute of Architects said. more
Royal Bank of Scotland Group PLC said first-half profit almost doubled as impairment charges fell and forecast it will meet a cost-cutting target of 1 billion pounds ($1.7 billion) in 2014. The shares surged the most in almost three years. more
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