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Rhode Island’s government workers collect higher compensation than their private-sector counterparts, according to a study compiled by the Rhode Island Center for Freedom & Prosperity.
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By PBN Staff
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Federal Reserve Chairman Ben S. Bernanke said that an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth, while failure to avoid the so-called fiscal cliff would pose a “substantial threat” to the recovery.
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By Joshua Zumbrun and Caroline Salas Gage |
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U.S. stock futures advanced, indicating that the Standard & Poor’s 500 Index will gain for a second straight day, as President Barack Obama expressed confidence that he will reach a budget agreement with Congress.
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By Tom Stoukas and Rita Nazareth |
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LIN TV Corp.’s third-quarter revenue rose 36 percent to $133.1 million during the three months ended Sept. 30 when compared with the same period in 2011, the company announced Thursday.
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By PBN Staff
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After yesterday’s election, casino games are headed to Twin River slot parlor in Lincoln but not to Newport Grand.
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By PBN Staff
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(Updated, 2 p.m.) U.S. stocks fell, driving the Standard & Poor’s 500 Index toward the biggest decline since June, as investor focus turned to the budget debate and Europe’s debt crisis following President Barack Obama’s re-election.
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By Rita Nazareth and Tom Stoukas |
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Emerging-market stocks rose, driving the benchmark index to its biggest gain in three weeks, and currencies strengthened after U.S. President Barack Obama won re-election.
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By Anuchit Nguyen, Michael Patterson and Maria Levitov |
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U.S. stocks gained for a second day with commodities, while the dollar and Treasuries fell, as Americans headed to polls to elect a president. Australia’s dollar rallied as the central bank left interest rates unchanged.
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By Stephen Kirkland and Rita Nazareth |
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U.S. stocks were little changed, after last week’s advance in the Standard & Poor’s 500 Index, as Americans prepared to vote in presidential elections and amid growing concern that Greece will struggle to win a bailout.
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By Rita Nazareth and Tom Stoukas |
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(Updated, 5:00 p.m.) The state and R.I. Economic Development Corporation sued 38 Studios LLC founder Curt Schilling and 13 other institutions or individuals connected with the failed $75 million loan guarantee to the video company for allegedly misleading state officials about the deal’s risks.
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By Patrick Anderson |