Updated July 7 at 6:07pm
Local News
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U.S. stocks fell a second day from record levels, with the Nasdaq Composite Index tumbling the most since April, as investors sold Internet and biotechnology shares before the start of earnings season. more
U.S. stocks rose following a two-day selloff, as Alcoa Inc. rallied after earnings topped estimates and investors awaited minutes from the Federal Reserve’s last meeting. more
The Pentagon paid Textron Inc.’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general. more
Rhode Island had the largest year over year unemployment drop in May at 2 percentage points, according to the U.S. Bureau of Labor Statistics. more
Rhode Island is the 13th best state for working dads, according to WalletHub. more
Consumer confidence stabilized after falling a record nine straight weeks as Americans became less downbeat about the economy. more
Getting ready to launch a presidential campaign is a lot of work. There’s a speech to write, staff to hire, and social-media profiles to touch up. more
Lyn A. Spinella of Lincoln is the new executive director of the Rhode Island Farm Bureau. more
More than $1.35 million in federal funding through the National Oceanic and Atmospheric Administration’s National Coastal Zone Management Program has been awarded for Rhode Island coastal management and protection, according to U.S. Sens. Sheldon Whitehouse and Jack F. Reed. more
North Kingstown is the cheapest community to insure a home, and Narragansett is the most expensive, according to a study by ValuePenguin. more
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