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U.S. states are set to increase spending at the slowest pace since the recession ended five years ago, reflecting wariness about the recovery. more
U.S. regulators are studying whether restrictions on marijuana should be eased, a step toward decriminalizing the drug at the federal level. more
The U.S. economic expansion, now in its sixth year, shows no sign of flagging as home sales climb, factories pump out more goods and the labor market strengthens. more
MinuteClinic, the retail medical clinic of CVS Health, has opened its first locations in Rhode Island this week inside CVS/pharmacy stores in Woonsocket, Cranston and Wakefield. more
When Jeff Caruso needed money in August to make more custom backgammon sets for the holiday shopping season, he skipped the bank. Instead, he got a $12,000 loan from EBay Inc.’s PayPal. more
American consumer confidence rose to the highest level in more than a year in September, as households’ views on the outlook for the economy brightened. more
Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans to buy 13 more. more
Service industries expanded in May at the fastest pace in nine months as orders picked up, indicating improving sales will help the U.S. economy strengthen. more
Falling interest rates have reduced the ability of U.S. corporate pension plans to fund their obligations to the lowest this year, according to the Bank of New York Mellon Corp. more
Royal Bank of Scotland Group PLC agreed to sell its minority stake in a private-equity unit to an investor group led by buyout firm Adams Street Partners LLC, according to two people with knowledge of the matter. more
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