Updated May 22 at 11:22am
Local News
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Personal income in Rhode Island rose eight-tenths of a percent in the first quarter, after increasing 1 percent in the fourth quarter of 2013, according to a report released Tuesday by the U.S. Bureau of Economic Analysis. more
RBS Citizens Financial Group has closed on the sale of its Chicago-area Charter One retail branches to U.S. Bancorp for $315 million, Citizens announced Monday. more
Rhode Island single-family home sales fell 6 percent in May compared with the same period in 2013, the Rhode Island Association of Realtors said Tuesday. more
Sales of single-family homes in Massachusetts dropped 7 percent in May year over year, real estate data tracking firm The Warren Group reported Tuesday. more
A low-cost supercomputer is being used to study black holes and cybersecurity at the University of Massachusetts Dartmouth, where it was built using 176 Sony PlayStation 3 gaming consoles stored in a refrigerated shipping container. more
Home prices in the Providence metro area climbed 3.7 percent to $238,000 in April compared with $230,000 during the same period last year, Black Knight Financial Services reported Monday. more
Gas prices surged 3 cents in Rhode Island this week and 4 cents in Massachusetts as concerns about militant extremists causing unrest in Iraq affected oil and gasoline prices nationwide, AAA Southern New England reported. more
Rhode Island added 1,100 construction jobs between May 2013 and May 2014, an increase of 6.8 percent that ranked the state 12th in the country for highest percentage of construction jobs gained year over year, the Associated General Contractors of America reported. more
Purchases of previously owned U.S. homes rose in May by the most in almost three years, a sign the industry is stabilizing after a weather-depressed quarter. more
Passenger traffic at T.F. Green Airport declined 7.8 percent in May, the largest year-over-year drop for a single month so far this year, according to numbers released Friday by the R.I. Airport Corporation. more
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