Local News
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President Barack Obama’s advisers said the U.S. economy is on track to strengthen and add more jobs in the next two years because many of the impediments to faster growth have subsided. more
An improving U.S. economy is underpinning inflation, limiting firings and lifting consumers’ moods, brightening the outlook for growth at the start of 2014. more
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the Federal Reserve completes stress tests of their ability to survive new economic calamities. more
Providence ranked 16th on a list of the 40 most expensive US cities to have a baby in, compiled by the online real estate brokerage Redfin. more
Rhode Island’s congressional delegation addressed a slew of topics including climate change, flood insurance, tax reform and workforce development at a breakfast held Monday morning at the Crowne Plaza Providence-Warwick. more
Russell H. Carpenter, a 1959 alumnus of the Moses Brown School in Providence, has endowed a new program to advance teaching with a $3.6 million gift to the school. more
The foreclosure rate for residential mortgages in Rhode Island and Massachusetts declined in December year over year, but saw little change on a month-over-month basis, according to real-estate data firm CoreLogic in a report issued Wednesday. more
Royal Bank of Scotland Group PLC set aside a further 3.1 billion pounds ($5.1 billion) to cover legal and compensation claims as the British government struggles to recoup the cost of bailing out the lender. more
Factory production in the U.S. unexpectedly declined in January by the most since May 2009, adding to evidence severe winter weather weighed on the economy. more
The Rhode Island Public Expenditure Council will host a public forum on Medicaid service delivery and payment reform featuring review panels of experts and policymakers both from within Rhode Island and representing national organizations. more
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