Politics
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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. more
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. more
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. more
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. more
After yesterday’s election, casino games are headed to Twin River slot parlor in Lincoln but not to Newport Grand. more
(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. more
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. more
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. more
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. more
(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. more
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