Updated February 26 at 12:28am
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Consumer confidence fell last week even as Americans became a bit more sanguine about the economy’s prospects. more
Citizens Financial Group Inc. on Thursday reported first-quarter profit grew 6.7 percent to $223 million, or 41 cents per diluted share, compared with $209 million, or 38 cents per diluted share, in the first quarter of last year. more
Jobless claims unexpectedly decreased to the lowest level since 1973 as the U.S. labor market remains a pillar of support in the world’s largest economy. more
The Rhode Island Council for the Humanities announced Wednesday that $124,015 of the council’s major grants will be awarded to 14 humanities-focused organizations. more
Rhode Island will receive another $26.9 million in federal funds to help homeowners facing foreclosure, as part of the U.S. Treasury Department’s ‘Hardest Hit’ program. more
Blue Cross & Blue Shield of Rhode Island donated more than $1 million in financial support to local nonprofit organizations last year, according to its 2015 Community Investment Report. more
General Treasurer Seth Magaziner has created a new proxy voting policy for pension fund companies because he said he wants to see more diversity on corporate boards. more
A new global study that examined the cost of operating back offices of the financial sector shows Providence is among the least expensive locations between the New York and Boston markets. more
Purchases of previously owned U.S. homes rose more than projected in March, indicating resilience in demand heading into the spring selling season. more
The Providence Public Library this week received $530,000 in National Leadership Grants for Libraries funding from the Institute of Museum and Library Services to develop a teen workforce development program. more
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