Local News
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The U.S. economy expanded at a 3.2 percent pace in the fourth quarter as Americans’ spending climbed the most in three years, laying the ground for further improvement in 2014. more
Rhode Island has earned a “B” for its teacher-effectiveness policies, one of the highest grades in the nation, according to the 2013 State Teacher Policy Yearbook released Thursday by the National Council on Teacher Quality. more
Banco Santander SA, Spain’s biggest bank, said fourth-quarter profit more than doubled as it made fewer provisions for bad loans and income increased in the U.K. more
The Rhode Island Hospitality Association on Wednesday hailed a new restaurant industry forecast from the National Restaurant Association that projects growth of 2.3 percent in sales this year in the Ocean State. more
Paolino Properties has purchased a package of three high-profile properties in Providence’s Financial District for $60 million, the company announced Wednesday. 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
Rhode Island single-family homes sales dipped 2 percent in December compared with the same period the previous year, while the median price rose 8 percent, the Rhode Island Association of Realtors said Wednesday. more
Brown University President Christina Paxson is inviting the surrounding community to join the university this March in celebrating its 250th anniversary. more
Sales of single-family homes in Massachusetts during 2013 rose 4.9 percent compared with the previous year, bolstered by strong fourth-quarter sales, according to a report released Wednesday by The Warren Group. more
President Barack Obama is offering more Americans the chance to put away money for retirement through payroll deductions with a plan for new government-sponsored savings accounts. more
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