Updated April 25 at 4:56pm
Local News
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WASHINGTON - Orders for American-made durable goods unexpectedly dropped in February as manufacturers absorbed the damage inflicted by a rising dollar and slumping energy production. Bookings for … more
A large European energy company has agreed to purchase the development rights for federal water off the Massachusetts coast, a site it estimates could accommodate more than 1,000 megawatts produced from offshore wind. more
This year’s Independence Day weekend gasoline prices were the most expensive since 2008. At $3.75 per gallon of self-serve, regular unleaded gas, Rhode Islanders are paying 15 cents more than last year. more
Job openings rose in May to the highest level in almost seven years, a sign the U.S labor market will help boost economic growth in the second half of this year. more
U.S. stocks fell a second day from record levels, with the Nasdaq Composite Index tumbling the most since April, as investors sold Internet and biotechnology shares before the start of earnings season. more
U.S. stocks rose following a two-day selloff, as Alcoa Inc. rallied after earnings topped estimates and investors awaited minutes from the Federal Reserve’s last meeting. more
The Pentagon paid Textron Inc.’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general. more
The number of contracts to purchase previously owned U.S. homes jumped in May by the most in more than four years, a sign the residential-real estate market is rebounding after a slow start to the year. more
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector. more
U.S. stocks were little changed after the Standard & Poor’s 500 closed at a record Wednesday as the Federal Reserve promised to keep interest rates low amid signs of an economic recovery. more
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