Updated August 28 at 6:28pm
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It has become fashionable to compare every financial asset, asset manager or investor to an index of U.S. stocks. For example, many people compare hedge funds to the Standard & Poor’s 500 Index. more
United Natural Foods Inc. said on Tuesday that net income for the fiscal year that ended Aug. 1 increased 10.5 percent to $138.7 million, or $2.76 per diluted share, from $125.5 million, or $2.52 per diluted share, during the prior fiscal year. more
Pentagon officials are weighing whether to cancel the last of three ships in General Dynamics Corp.’s $22 billion program to build new destroyers even though the vessel is already under construction. more
Helena Foulkes, executive vice president of CVS Health and president of CVS/pharmacy, made it onto Fortune’s “Most Powerful Women” list again. more
The R.I. Department of Revenue said fiscal 2015 total general revenue exceeded final enacted fiscal 2015 revenue estimates by $23.9 million, or 0.7 percent. more
Despite having beautiful beaches and top-notch restaurants, Rhode Island is one of the unhappiest states in the nation, according to WalletHub’s latest survey. more
Sticking to a budget is the top financial challenge for Rhode Islanders, according to the 2015 Life + Money survey by GoBankingRates.com. more
Four individuals will be inducted into DESIGNxRI’s R.I. Design Hall of Fame at the Rooftop of the Providence G during Design Week R.I. more
Fundraising has brought in more than $113,500 to help defray the cost of major repairs to Roger Williams Park Zoo’s harbor seal exhibit. more
Rhode Island had the fourth-highest percentage of mortgaged residential properties in negative equity at 13.8 percent in the second quarter, according to data released Tuesday by CoreLogic. more
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