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The economy in the United States took a step forward as home sales unexpectedly climbed, manufacturing accelerated and the outlook for the second half of 2014 brightened. more
A new progress report on student learning in city schools shows improvement in graduation rates and the dropout rate in 2012-13 and reflects administrative commitment to making more progress. more
Secretary of State A. Ralph Mollis is bringing business owners, entrepreneurs, industry leaders and government officials together during the eighth annual “We Mean Business” expo on Sept. 3. more
AAA Southern New England projects that 34.7 million Americans will journey 50 miles or more from their homes during the Labor Day holiday weekend. This is the highest volume of travelers for the holiday since 2008. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
The decommissioned USS Saratoga is on its way from Naval Station Newport to a recycling plant in Brownsville, Texas, where it will be scrapped and recycled, according to the U.S. Navy. more
General Dynamics Electric Boat is in a hiring surge to meet the requirements of U.S. Navy contracts and has already added more than 720 new employees at its Quonset Point facility since the beginning of the year, according to Jason Vlaun, the company’s human resources manager. more
A new generation of Wall Street bankers is about to get a raise, as firms open wallets to head off defections to investment funds and Silicon Valley. more
Purchases of previously owned U.S. homes unexpectedly rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers. more
Media General announced Wednesday that it has entered into definitive agreements to sell several of its assets – including WJAR-TV NBC 10 – to meet the regulatory requirements of its merger with Providence-based LIN Media, the parent of WPRI-TV 12. more
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