Updated August 30 at 6:30pm
Local News
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Rhode Island’s foreclosure inventory rate fell 2.7 percentage points over the year in November to 1.8 percent, but was still higher than the national rate of 1.2 percent for the month, CoreLogic said Tuesday. more
CVS Health Corp. said drug costs for its plans grew a modest 5 percent in 2015, far less than the 11.8 spending growth rate from a year before. more
The 23rd annual Providence Boat Show will be held Feb. 4-7 at the R.I. Convention Center. more
AAA Northeast last week recognized 10 Rhode Island hotels and one Seekonk hotel with its highest ratings for quality and service. more
The number of Americans applying for unemployment benefits rose last week to a level that’s consistent with steady improvement in the labor market. more
Financial companies will be hard-pressed to meet long-term growth expectations as decades of credit expansion come to an end and central-bank policies and tighter regulations squeeze profits, according to bond investor Bill Gross. more
Brown University and the University of Rhode Island are among 116 employers recently recognized by WorldatWork, a nonprofit human resources association, with Work-Life 2016 Seal of Distinction Awards. more
For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
With crude oil prices at levels not seen since 2003, gasoline prices in the region continued to drop. The average price of self-serve, unleaded regular gas in Rhode Island hit $1.94 per gallon this week, 5 cents less than the price a week ago, said AAA Northeast. more
The Odeum Corp. this month received $620,000 in grant support, which will go toward long-awaited improvements to the venue’s historic façade. more
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