Updated January 22 at 6:38am
Local News
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Consumer spending rose less than forecast in March, wrapping up the weakest quarter in a year for the biggest part of the U.S. economy even as incomes accelerated. more
More Americans than forecast signed contracts to purchase previously owned U.S. homes in March, an encouraging sign as the housing market was entering its busiest selling season of the year. more
Worker pay in the U.S. rose as forecast in the first quarter, showing the steady drop in unemployment has yet to prompt employers to sweeten paychecks. more
Sports Authority Inc. may be worth so little that it can barely cover the cost of its bankruptcy. more
The historic Silver Top Diner has been sold at auction, the winning bid of $35,000 submitted by a Rhode Island real estate agent on behalf of a client. more
Americans’ economic expectations rose to a nine-month high in October even as households’ current assessments of the economy and buying climate dimmed last week, according to figures in the Bloomberg Consumer Comfort Index released Thursday. more
The R.I. Department of Education named 22 schools “Commended Schools,” the highest rank, in this year’s school classification, according to a release by the department on Wednesday. more
The U.S. divorce rate has fallen for the third consecutive year, to its lowest level in more than 35 years, according to data released Thursday. more
Rhode Island College will hold a grand opening and ribbon cutting ceremony for its new School of Nursing wing at the John E. Fogarty Life Science Building on Oct. 7. more
Federal Reserve Vice Chairman Stanley Fischer said the central bank has almost reached its goals for maximum employment and price stability, strengthening the case for raising interest rates. more
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