Updated August 3 at 8:03pm
Local News
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Imports dropped in June by the most in a year as the U.S. economy moved closer to energy independence, helping the trade deficit unexpectedly narrow. more
The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view. more
Compensation costs for private industry workers in New England increased 1.5 percent year over year in June, below the national rate of 1.9 percent, the federal Bureau of Labor Statistics said Friday. more
Consumer confidence retreated in July as Americans’ expectations deteriorated to an eight-month low. more
Banco Santander SA fell in Madrid trading after Spain’s biggest bank posted earnings showing that lending revenue remains under pressure at home. more
CVS Health Corp. was accused in a lawsuit by pharmacy customers of intentionally overcharging for generic prescription drugs by submitting claims for payment to third parties at inflated prices. more
Amica Mutual Insurance Co. and FM Global have been named top-performing property-casualty insurance companies on Ward’s 50 list. more
House Speaker Nicholas A. Mattiello, D-Cranston, says a new proposal for a minor league baseball stadium in Providence could be announced as early as within the next couple of weeks with the possibility of it being taken up for consideration during a special legislative session this fall. more
Brown University made it into the top 10 on Forbes’ list of America’s Top Colleges for 2015, released Thursday. The school’s 2015 showing is part of an upward trend over the last four years on the Forbes’ list, which came in at No. 13 last year, No. 12 in 2013 and No. 19 in 2012. more
High winds and expensive electricity make Block Island a good site for the first U.S. offshore wind farm. For the same reasons, Long Island may be next. more
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