Updated March 30 at 2:30pm
Local News
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Rhode Island’s seasonally adjusted unemployment rate was 5.4 percent in May, unchanged from the revised April rate, but seven-tenths of a percentage point lower than it was in May 2015, the state Department of Labor and Training said Thursday. more
The most Americans since June filed for U.S. unemployment benefits last week, indicating a possible pause in progress in the labor market. more
Two Rhode Island health centers will share $771,607 in funding to expand oral health services and increase the number of patients served, U.S. Health and Human Services Secretary Sylvia M. Burwell said in a news release Thursday. more
Cash purchases of homes in the Providence-Warwick-Fall River metropolitan area continued to fall in March, reaching 23.6 percent of all sales, a 9.2 percentage point decrease from a year earlier. more
Democrats closed out a marathon sit-in on the U.S. House floor Thursday afternoon after 25 hours of emotionally charged speeches demanding action on gun control, but they insisted their protests would continue in other forms. more
Bank of America Corp. admitted to wrongdoing in settling a U.S. regulator’s allegations that it misused billions of dollars in customer funds to finance trades that benefited the firm. more
Global markets buckled as Britain’s vote to leave the European Union drove the pound to the lowest in more than 30 years and wiped about $3 trillion from stock market values while sparking demand for haven assets from U.S. Treasuries to gold. more
Rite-Solutions Inc. has been awarded a $21.7 million contract with the U.S. Navy to continue its work on information technology infrastructure and cyber security for the NAVSEA Naval Undersea Warfare Center, Division Newport. more
The R.I. Department of Behavioral Healthcare, Developmental Disabilities & Hospitals announced today that it has made awards – totaling $1.4 million in federal block grant funds – to five agencies. more
Amica Mutual Insurance Co. tied with The Hanover for first place in J.D. Power’s recently released 2017 U.S. Property Claims Satisfaction Study. more
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