Updated December 9 at 10:09am
Local News
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Factory production fell more than forecast in May, reflecting declining output of vehicles and business equipment that show U.S. manufacturing is still hobbled by weak global demand. more
The city of Providence has been awarded $499,672 in grants through the Linking to Employment Activities Pre-Release Program created by the U.S. Labor Department. more
The Federal Reserve left interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting tighter, suggesting conditions are getting more favorable for an increase in borrowing costs. more
Alexion Pharmaceuticals Inc. is planning a $200 million phased expansion of its manufacturing plant here, to facilitate production of its drug, Soliris, and other products. more
President Barack Obama said Friday that the U.S. respects the decision of U.K. voters to leave the European Union, and that the “special relationship” between the countries would endure. more
How come more people are retiring in their early 20s? Why are middle-age men becoming stay-at-home dads? What’s keeping women out of the workforce other than illness, kids or school? more
Roger Williams Park Zoo and city of Providence have signed a 20-year lease and operating agreement. more
Rhode Island economic momentum was buoyed by “a bit of a rebound” in November, according to University of Rhode Island economist Leonard Lardaro. more
The unemployment rate in Rhode Island continued to move toward the national average in November, as it fell one-tenth of a percentage point from October’s rate to 5.2 percent, compared with the national 5 percent rate, according to figures released by the state Department of Labor and Training on Thursday. more
For all the angst over where the world’s benchmark bond yield is going, its level on Christmas Eve is almost exactly the same as a year ago. more
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