Updated October 25 at 12:29am
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Following a challenging fiscal year, the value of Brown University’s endowment fell 1.1 percent to $3.2 billion, the university announced this week. more
Deadlines are approaching for nonprofits to apply for $1.6 million in grants for medical research and community health from the Rhode Island Foundation. more
American service companies expanded in September at the fastest rate in almost a year, returning the economy’s biggest segment to a steady growth path after a slump in the prior month. more
Companies in September added the fewest number of workers in five months, showing the labor market is cooling after strong gains for much of this year, data from the ADP Research Institute in Roseland, N.J., showed Wednesday. more
After a “truly disappointing” second quarter, University of Rhode Island economist Leonard Lardaro found the August current conditions index rose to 75 from the revised 67 measured in July, showing the start to a more positive third quarter. more
A new Spanish minor at Salve Regina University won the school one of eight “100,000 Strong in the Americas Innovation Fund” awards, according to an announcement made by the university on Tuesday. more
State regulators are calling on Invenergy Thermal Development LLC to explain how it plans to cool a proposed 1,000 megawatt, gas-fired power plant in Burrillville, saying the company needs to have a plan or risk having its application suspended. more
With 5.71 percent of people uninsured, Rhode Island has the seventh lowest uninsured rate in the U.S., according to an in-depth analysis conducted by personal finance website WalletHub released this week. more
Federal Reserve Bank of Cleveland President Loretta Mester said the economy is ripe for an interest-rate increase and repeated that the Fed’s November meeting should be viewed as “live” for a policy decision, despite its proximity to the U.S. presidential election. more
A Morgan Stanley unit allegedly set up a high-pressure contest to spur financial advisers to cross-sell loans backed by investment accounts in an effort to boost banking and lending business and gain ground on rivals, the Massachusetts securities regulator said in a complaint against the company. more
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