Updated April 17 at 6:17pm
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This year’s Independence Day weekend gasoline prices were the most expensive since 2008. At $3.75 per gallon of self-serve, regular unleaded gas, Rhode Islanders are paying 15 cents more than last year. more
U.S. stocks fell from records, led by declines among small companies, as investors weighed valuations and speculated the Federal Reserve may raise interest rates sooner than expected. more
For four years, the U.S. Education Department has threatened to rein in for-profit colleges and their soaring student debt. Now it has found a way. more
(Updated, 12:01 p.m.) U.S.-bound travelers from some overseas airports are being asked to turn on mobile phones and other devices under enhanced security measures from the Transportation Security Administration. more
Europe’s banks face a further $50 billion of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley. more
Thirty nonprofits serving the residents of Newport County will receive $166,666 in grants from the Rhode Island Foundation. Made through the foundation’s Newport County Fund, the grant awards of up to $10,000 each will support activities ranging from job-readiness training to farming. more
Former members of the R.I. Economic Development Corporation board, including ex-Gov. Donald L. Carcieri, are among 20 witnesses scheduled to be deposed this summer in the state’s lawsuit against participants in the failed 38 Studios loan, the state’s attorney said Wednesday. more
The trade deficit in the U.S. narrowed more than forecast in May on record exports, signaling a pickup in global growth that will boost American manufacturers. more
Demolition has begun at Rocky Point, launching the next phase of a $3.06 million project to restore and redevelop the property into a new coastal state park, the R.I. Department of Environmental Management said Wednesday. more
The Dow Jones Industrial Average climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details of its stimulus plans. more
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