Updated July 28 at 12:28pm
Local News
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Rhode Islanders face the ninth-highest state and local tax burden in the country, with 10.8 percent of their income going to taxes, according to a report released Wednesday by the Tax Foundation. more
(Updated 1:33 p.m.) Buyouts again are being offered at The Providence Journal. more
Hedge funds are attempting to buy the dip, according to the latest client flows data from Bank of America Merrill Lynch. more
Rhode Island has the sixth-highest smoking costs in the nation, according to a WalletHub study released Tuesday in light of Tobacco-Free Awareness Week. more
Purchases of new homes in the U.S. surged in December to the highest level in 10 months, closing out the best year for housing since 2007. more
Orders for business equipment fell in December by the most in 10 months, a sign U.S. companies were slashing capital investment even before the turmoil in global financial markets. more
Massachusetts had the highest number of single-family home sales in December since 2004, The Warren Group, publisher of Banker & Tradesman, said Wednesday. more
A former Smithfield resident bequeathed $6.8 million to the Audubon Society of Rhode Island and The Nature Conservancy’s Rhode Island chapter for land and water conservation, the largest single donation in ASRI’s 117-year history. more
Brookline Bancorp Inc. on Thursday reported 2015 profit grew 15.5 percent to $52.4 million, or 71 cents per diluted share, compared with $45.3 million, or 62 cents per diluted share, in 2014. more
Meredith Corp. walked away from its attempt to merge with Media General Inc., allowing Nexstar Broadcasting Group Inc. to proceed with its plan to acquire the TV station owner after months of negotiation. more
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