Updated March 29 at 3:29pm
Local News
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The shooting of 12 police officers in Dallas on Thursday suggests spiraling violence: The cops were shot during a protest against the shooting of black men by police. A vicious circle of etribution would be something new for the United States where, unlike in other developed countries, killings by police far outnumber officer deaths in the line of duty. more
The U.S. job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies. more
A week’s evidence that the U.S. economy’s ill health has been overstated and dovish talk from the Federal Reserve combined to briefly catapult the S&P 500 Index above its May 2015 record close, leaving stocks on the brink of ending their longest drought of the bull market. more
(Updated, July 8, 9:53 a.m.) The renewable energy giant SolarCity on Thursday announced plans to hire up to 80 new employees in the wake of newly enacted legislation that promotes the expansion of alternative energy in Rhode Island. more
The city of Providence will seek a $40 million Neighborhood Infrastructure Bond to make investments in infrastructure and build stronger neighborhoods, Mayor Jorge O. Elorza announced Thursday. more
The Rhode Island Coalition for the Homeless and Social Finance will receive nearly $1.3 million in new federal funding through the U.S. Department of Housing and Urban Development’s Pay for Success Permanent Supportive Housing Demonstration Program. more
Economists tend to shy away from attaching too much significance to any one piece of data. But in this environment, with this jobs report, hyper-scrutiny may be warranted. more
Filings for U.S. unemployment benefits unexpectedly declined last week to the lowest level since mid-April, signaling labor market stability amid a shaky global economy. more
For the 27th consecutive month on a year-over-year basis, foreclosure petitions rose in Massachusetts in May, according to figures released by The Warren Group on Thursday. more
Dockwa Inc., a Newport-based tech startup that helps boaters research, plan and book cruising trips, has raised $2 million in private capital in its most recent seed funding round. more
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