Updated December 7 at 5:07pm
Local News
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The Rhode Island Foundation has awarded a grant for classroom innovation to third-grade teachers here for a project that involves a student read-a-thon and donations to the local food pantry. more
In the worst start for the U.S. stock market since 2009, investors have been aggressively loading up on shares of companies with the sturdiest earnings momentum. more
Gov. Gina M. Raimondo on Thursday touted a new center here designed to train workers in maritime pipefitting, sheet metal and carpentry work. more
Service industries expanded in January at the slowest pace in nearly two years, raising the risk that persistent weakness in manufacturing is starting to creep into the rest of the U.S. economy. more
Unemployment rates were lower in December than a year ago in 296 out of 387 metropolitan areas in the nation, including in the Providence-Warwick metro, where the rate dropped to 4.9 percent from 6.2 percent, the federal Bureau of Labor Statistics reported Wednesday. more
Leaders of the General Assembly, who have embraced a less expensive version of the RhodeWorks bridge and overpass reconstruction plan, appealed to business leaders Wednesday to support it as an economic investment. more
U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. more
Cash collections increased 2.5 percent in the first six months of the fiscal year compared with the prior fiscal year period despite a decline in lottery transfer payments, the state Department of Revenue said this week. more
City Council members have pushed back against additional tax incentives for luxury condominiums in the Palmer Block, or Cosmopolitan building. more
Massachusetts’ chief securities regulator is pushing back against automated investment services, saying it’s not clear that they can act in the best interest of clients. more
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