Updated May 2 at 11:26pm
Local News
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Rhode Island ranked 33rd in the nation for venture-capital investment in the first quarter, which featured only one deal - $5 million to IlluminOss Medical Inc. more
Consumer confidence unexpectedly fell in April to the weakest level in seven months as Americans were rattled by unsatisfying wage growth and concern over how the upcoming presidential election would impact the economy. more
Rhode Island’s unemployment rate held steady at 5.4 percent in March for the fourth consecutive month, the state Department of Labor and Training said Thursday. more
Wheaton College’s series 2010 bonds have been downgraded from A3 to A2 by Moody’s Investors Service, which cited “fundamental challenges in its student market” as the reason. more
AstroNova’s CEO Gregory A. Woods received $2.2 million in compensation in 2015, a 224.1 percent increase from 2014, according to a federal filing released this week. more
Rhode Island is the ninth-most-expensive state for child care in the nation, according to the Economic Policy Institute. more
Rhode Island public charter schools received more than nine applications for every open seat in anticipation of the 2016-2017 academic year, according to the state Department of Education. more
Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. more
The number of Americans filing applications for unemployment benefits unexpectedly declined last week to match a more than 42-year low, indicating employers are upbeat about an economy that bogged down in the first quarter. more
The cost of living in the U.S. excluding food and fuel rose less than forecast in March, bearing out Federal Reserve Chair Janet Yellen’s forecast that the recent pickup would prove fleeting. more
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