Updated June 28 at 4:28pm
Local News
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Cash sales in the Providence-Warwick metropolitan area accounted for 31.4 percent of total home sales in June, a 4.4 percentage point increase compared with June 2014, CoreLogic said Tuesday. more
The Providence-Warwick metropolitan area ranked 210th out of 358 metropolitan areas around the country for losing 0.4 percent of construction jobs year over year in August. more
Acushnet Co., the maker of Titleist golf equipment, is talking to banks about a possible initial public offering in the U.S., people with knowledge of the matter said. more
The bond market isn’t buying what Federal Reserve Chair Janet Yellen is selling on inflation. more
Gasoline prices in Rhode Island and Massachusetts have fallen every week since early July, dropping 4 cents and 5 cents, respectively, according to AAA Northeast. more
Home prices in the Providence metro area improved 4.2 percent in July on a year-over-year basis, according to Black Knight Financial Services, placing the region’s urban core 28th among the nation’s 40 largest metro areas for home price improvement. more
The state Department of Transportation will receive $1 million in federal funds to help pay for accelerated repair work on the Park Avenue bridge, U.S. Sen. Jack F. Reed said Monday. more
U.S. stocks fell Monday, with equities down for a fifth consecutive session, as raw-material and energy shares retreated amid more signs of slowing in China, while biotechnology companies extended last week’s selloff. more
Household spending climbed more than forecast in August and incomes also rose as the biggest part of the U.S. economy continued to power past a global slowdown. more
Warwick-based CBC LLC, a designer and soon-to-be manufacturer of wind turbines for energy, took home the $10,000 first prize in the third Get Started RI Pitch Competition. more
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