Updated May 28 at 2:28pm
Local News
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NEW YORK - U.S. shoppers spent 2.4 percent more during the weekend before the Christmas holiday this year, giving a boost to retailers in the final days of 2014. Purchases during the so-called … more
Buying stocks before U.S. companies report quarterly earnings has usually been a good way to make money. Not this time. more
The Providence Redevelopment Agency Thursday approved leasing the “triangle lot” in downtown to a Fall River developer who intends to build a hotel there. more
Amazon.com Inc. and other retailers are on pace to sell more products online than ever this holiday season, aided by early promotions and investments in delivery systems that helped avoid the widespread shipping delays of last year. more
U.S. stock-index futures declined, after equities fell the most since April, as concern that slower global growth will hurt the U.S. economy pushed the Standard & Poor’s 500 Index towards its longest streak of weekly losses since January. more
Cyber Monday sales growth is slowing as consumers embrace the convenience of online shopping, spreading out their purchases instead of being lured by one-day specials. more
Rhode Island’s leading economic indicators again rose 0.3 percent in January to a reading of 130.5, fueled in part by manufacturing and employment growth, according to the Providence Business News/e-forecasting.com Leading Economic Indicator Index. more
Banker and philanthropist David Rockefeller has given a $2.5 million gift to the Rhode Island School of Design Museum. more
CVS Health Corp. plans to buy back as much as $10 billion of stock and pay out more cash to shareholders as the biggest U.S. seller of prescription drugs benefits from the increasing number of Americans with insurance coverage. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
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