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The Corporation for National and Community Service has awarded a $345,000 grant to Rhode Island Campus Compact to bring 23 new AmeriCorps Vista members into the state to help build campus-community partnerships supporting education and economic opportunity. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index to within three points of an all-time high, amid speculation the Federal Reserve will continue to support low interest rates as the economy recovers. more
American families will need to continue to reduce debt, which means consumer spending and economic growth will be slow to accelerate, according to research from the Federal Reserve Bank of St. Louis. more
CBS Corp., owner of the most-watched U.S. television network, agreed to renew affiliation agreements for 12 stations owned by Lin Media LLC, helping the local-TV chain cement the terms of its takeover by Media General Inc. more
U.S. stocks rose, extending the biggest monthly gain since February, as financial, health care and technology shares led the advance. more
Consumer spending in the United States unexpectedly dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate. more
Rhode Island gasoline prices remain unchanged since last week, but prices have dropped 21 cents since this time last year, when the average price of self-serve, unleaded regular was $3.73. more
While New England’s unemployment rate as a whole remained relatively stable in 2013, Rhode Island’s rate was the highest in the region and among the highest nationally, according to U.S. Bureau of Labor Statistics data released on Friday. more
With a dozen words, President Barack Obama offered a campaign argument that he’s counting on to turn his health-care law from a liability into a winner for the November elections. more
Investment strategies that use computer models to decide when to buy and sell securities based on historical market trends are usually unsupported scientifically because of back-testing … more
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