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U.S. gasoline demand rose 1.3 percent last week to the highest level since December as drivers paid the lowest average prices in 12 weeks, according to MasterCard Inc. 4:10 pm

City actuaries have labeled Warwick’s Police and Fire I pension plan as “critical,” according to a letter circulated by Warwick City Councilman Joseph Solomon. 1:20 pm

In April, 2,081 Rhode Island workers were laid off, according to data released Tuesday by the U.S. Bureau of Labor Statistics. 11:53 am

The Westerly Community Credit Union has received a $100,000 grant to help secure home ownership for low to moderate income households. 10:41 am

Nearly 2,000 new businesses registered with the R.I. Secretary of State’s office during the three months ended March 31, making it the best first quarter in four years, according to data released Tuesday by Secretary of State A. Ralph Mollis. 10:32 am

While home sales in Rhode Island and the rest of Massachusetts surged in April, single-family sales in Bristol County, Mass. dropped 7 percent compared with the same period in 2011, The Warren Group said Tuesday. 10:02 am

Rhode Island home sales jumped 24 percent in April compared with the same period last year, the 10th consecutive month of increased year-over-year sales, the Rhode Island Association of Realtors said Tuesday. 9:37 am

The Narragansett Bay Insurance Co. reached a notable landmark last week when it celebrated its 100,000th homeowner’s policy. 4:55 am

Janney Montgomery Scott LLC, a full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, has announced the successful closing of the state of Rhode Island's $122.95 million general obligation bond issue, which sold on April 24. 4:55 am

UMBERLAND – The Pawtucket Credit Union held a ribbon-cutting to celebrate the opening of their newest branch at 1855 Mendon Road this month. The 2,800-square-foot facility is the credit union’s 15th location and their first in Cumberland. The building was designed by Vision 3 Architects of Providence and built by Graham Builders Inc. of Smithfield. The new branch features two drive-thru lanes, a 24-hour, drive-up ATM, and private offices. Located near the commercial center of the town, the branch is expected to provide banking services for an increased volume of customers. Pawtucket Credit Union is the largest Credit Union in Rhode Island and recently celebrated taking top honors in the Providence Business News’ Best Places to Work in Rhode Island. “We applaud Pawtucket Credit Union on their continued success,” said Keith Davignon, a principal at Vision 3 Architects who has been working with Pawtucket Credit Union for more than 20 years. The exterior design is a simple, traditional style which fits easily into the suburban neighborhood with the interior being more contemporary, working together to create a visually dynamic retail space. 4:55 am