Updated May 5 at 5:24am
Local News
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The number of Americans filing applications for unemployment benefits unexpectedly declined last week to match a more than 42-year low, indicating employers are upbeat about an economy that bogged down in the first quarter. more
The cost of living in the U.S. excluding food and fuel rose less than forecast in March, bearing out Federal Reserve Chair Janet Yellen’s forecast that the recent pickup would prove fleeting. more
Bankruptcy in Providence is not an option, says National Resource Network Executive Director David Eichenthal, whose organization is tasked with coming up with ideas to help the city fix its financial problems. more
Businesses in New England’s First District have a generally positive outlook, as they continue to report rising revenue, and they expect that to persist, according to the Beige Book, the Federal Reserve’s report on economic data, released Wednesday. more
U.S. regulators have asked their internal watchdogs to examine how assessments of banks’ plans for winding down during a potential bankruptcy ended up in a news article. more
There will be no new state slogan, R.I. Commerce Secretary Stefan Pryor said Wednesday during a press briefing. more
A standardized tax stabilization agreement that could attract developers to the largely untouched City Centre Warwick district has the support of the city’s leaders, according to an announcement Wednesday. more
(Updated 2:43 p.m.) Mayor Jorge O. Elorza published a report Wednesday afternoon announcing the achievements, goals and future plans of the Career and Technical Education Task Force launched in October. more
Providence Mayor Jorge O. Elorza is getting some outside help on how he might address the city’s dire financial situation, which could help guide decisions made in his upcoming fiscal 2017 budget proposal. more
(Updated 11:33 a.m.) World War II Foundation/Tim Gray Media documentary films were nominated for eight regional Emmy Awards at the 39th annual Boston/New England Awards competition. more
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