Updated May 26 at 6:26pm
Local News
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The U.S. budget deficit will narrow less than forecast this year even as it falls to the lowest level since 2007 as a share of the economy, according to the Congressional Budget Office. more
The R.I. Department of Labor and Training has recovered more than $4.6 million so far this calendar year from individuals or employers trying to “game the system,” Director Charles J. Fogarty said in a department email newsletter. more
The non-seasonally adjusted unemployment rate for the Providence-Warwick, Fall River metropolitan area increased on a month-to-month basis to 8 percent in July. more
Rhode Island single-family home sales fell 2.7 percent in July compared with the same period in 2013, the Rhode Island Association of Realtors said Wednesday. more
The 2013-14 freshmen at Brown University and Rhode Island School of Design scored highest in Rhode Island and southeastern Massachusetts on SAT tests required for admission, according to the latest data available from the U.S. Department of Education. more
Capital Good Fund has been awarded a $125,000 Community Development Financial Institutions Fund grant from the U.S. Department of Treasury to provide micro-loans and financial coaching to low-income residents and communities across Rhode Island. more
Rhode Island tied for the third-largest month-over-month statewide increase in home sales prices in June, rising 1.2 percent from May, according to the latest Black Knight Home Price Index report. more
Restaurants and lodging outlets in Rhode Island are expected to continue the slow, steady growth that has characterized those industries since the Great Recession, according to speakers at the Rhode Island Hospitality Association’s annual Economic Outlook Breakfast. more
Citing a number of concerns, including community opposition to the location of large wind turbines near the city’s Point neighborhood, the U.S. Navy has shelved its proposed wind energy project in Newport. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index above 2,000, after a report showed the biggest-ever jump in durable-goods orders and an unexpected consumer confidence increase. more
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