Updated July 1 at 11:01am
Local News
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Blame it on the person who tried to pay for his beverage with a fake $1 million dollar bill … more
October is a long shot, but Wall Street isn’t ruling it out. more
Investors are betting on another turnaround in U.S. stocks as shares from Asia to Europe struggle to gain ground amid the worst global equity rout in almost four years. more
Orders for capital goods increased in July by the most in more than a year, showing corporate spending was finding its footing prior to the turmoil in financial markets. more
Rhode Island has the third-highest mortgage closing costs on average compared with other New England states and 14th-highest in the nation, according to a new study by Bankrate.com. more
Novartis AG began selling the first copy of a biotechnology drug in the U.S., offering a 15 percent discount to the original after a U.S. appeals court rejected Amgen Inc.’s last-ditch effort to protect its blockbuster cancer drug Neupogen. more
CVS Health is expanding its approach to telehealth by working with three different telehealth providers, the company announced Wednesday. more
The foreclosure rate for outstanding mortgage loans fell 0.4 and 0.16 percentage points in June from a year earlier in Rhode Island and the Providence-Warwick metro area, respectively, according to CoreLogic. But for both areas, the June rate represented an increase from May figures. more
U.S. stocks rose, following their biggest gains since 2011, amid a rebound throughout global markets and as data showed the economy grew more than previously estimated. more
The Naval Undersea Warfare Center and R.I. Commerce Corporation have formed a partnership that will feature a NUWC employee on a two-year assignment at the commerce offices in an effort to strengthen the state economy through the defense and ocean technology sectors. more
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