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The world’s largest economy surged in the third quarter, expanding at the fastest pace in more than a decade, as U.S. consumers and businesses spent more than previously estimated. more
Providence Equity Partners is in talks to buy Clarion Events, organizer of the London International Horse Show, for about 250 million pounds ($391 million), people with knowledge of the matter said. more
Gilead Sciences Inc. may finally be forced to offer a lower price for its $94,500 hepatitis C drug. more
NEW YORK - U.S. shoppers spent 2.4 percent more during the weekend before the Christmas holiday this year, giving a boost to retailers in the final days of 2014. Purchases during the so-called … more
The Citizens Bank Foundation is awarding seven organizations and the Local Initiatives Support Corporation $100,000 to go toward improving the quality of life in Olneyville and other neighborhoods in Rhode Island. more
A $471,000 federal grant has been awarded to Rhode Island College to train Master of Social Work students on how to treat youth aging out of foster care who have been exposed to traumatic situations. more
Gov.-elect Gina M. Raimondo said she plans to appoint former Gov. Lincoln Almond’s chief of staff, Michael DiBiase, as her director of administration. more
Sales of previously owned U.S. homes slumped in November from a one-year high, underscoring the uneven nature of the current recovery in residential real estate that’s been one of its defining characteristics. more
The federal Bureau of Labor Statistics released an economic summary for the Providence area recently showing that while it may still have a jobless rate that is higher than the national average, occupations generally pay more. more
The average price of regular gasoline at U.S. pumps slid to the lowest level since May 15, 2009, dropping 24.68 cents in the two weeks ended Dec. 19 to $2.4713 a gallon, according to Lundberg Survey Inc. more
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