Updated May 5 at 6:05pm
Local News
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Job openings rose in May to the highest level in almost seven years, a sign the U.S labor market will help boost economic growth in the second half of this year. more
Moody’s Investors Service has affirmed its “Baa2” rating of Pawtucket’s $34.9 million in long-term general obligation bonds and raised the city’s rating outlook from negative to stable. more
On the heels of lawmakers’ postponement of use of the NECAP standardized testing as a graduation requirement, Rhode Island’s education commissioner has told school superintendents the NECAP will not be administered in the fall in math or reading in any grade. more
In May, 1.8 percent of all residential mortgages in Rhode Island were in some stage of the foreclosure process, compared with 2.4 percent in May 2013, according to a report released Tuesday by real estate data firm CoreLogic. more
A $701,363 federal grant received by the R.I. Department of Labor and Training will enable the state agency to expand its career services programs to the unemployed. more
Former Alex and Ani CEO Giovanni Feroce is returning to the retail industry with a 93-year-old wristwatch company he intends to resurrect as a military-inspired lifestyle brand, he announced Monday. more
Thanks to a National Park Service grant program, 23 projects in 10 Rhode Island cities and towns are on the receiving end of a total of $2.8 million designed to repair damage done by Hurricane Sandy in the fall of 2012 and to prepare for future potential damage. more
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
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