Updated May 6 at 2:12am
Local News
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American households kept spending in June, capping a stronger quarterly performance for the biggest part of the economy. more
KVH Industries Inc. reported a 10 percent increase in revenue, but a 33 percent decline in profit, in the second quarter that ended June 30. more
The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view. more
Compensation costs for private industry workers in New England increased 1.5 percent year over year in June, below the national rate of 1.9 percent, the federal Bureau of Labor Statistics said Friday. more
CVS Health Corp. was accused in a lawsuit by pharmacy customers of intentionally overcharging for generic prescription drugs by submitting claims for payment to third parties at inflated prices. more
Federal Reserve policy makers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff. more
Several Rhode Island businesses have registered for the 2015 Canadian Defence, Security and Aerospace Exhibition (DEFSEC) Atlantic conference, to be held Sept. 8 through 10 in Halifax, Nova Scotia at the Cunard Centre. more
Construction of a new parking garage to support tenants of South Street Landing will begin this week, and will require the long-term closure of a northbound lane on Eddy Street. more
A new report aimed at revitalizing Pawtucket’s downtown recommends broad strategizing and concrete steps like rebuilding the downtown parking garage. more
One hundred dollars stretches farther in Rhode Island than in Washington, D.C. or Hawaii. more
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