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Can Puerto Rico escape its $72 billion debt trap and avoid Greece’s fate?
To almost no one's surprise, Puerto Rico missed a US$422 million debt payment earlier this month, triggering fears among…
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News and analysis involving billions of dollars in government spending, budgets, business, taxes, investments, economic policy, and major financial developments in Massachusetts and across America.
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Iran threatens to take US to tribunal over terror payout ruling
(CNSNews.com) – Iran says it will take the United States to the International Court of Justice if almost $2 billion in frozen…
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Massachusetts: In debt we trust
"When you run in debt; you give to another power over your liberty." — Benjamin Franklin, The Way to Wealth (1758)…
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Court predicts layoffs, enviro groups also knock House budget
STATE HOUSE — Cities and towns reliant on local aid saw much to celebrate in the $39.5 billion budget proposal released by…
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Yale should follow GE to Boston
Maybe Yale should move. That's the reaction of at least one Yale graduate, the Cato Institute's Walter Olson,…
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Gov’t report: Budget deficit to rise to $544B this year
WASHINGTON (AP) — A government report released Tuesday estimates that this year's budget deficit will rise to $544 billion, an increase…
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Led by GOP, House poised to renew over $600B in tax cuts
WASHINGTON (AP) — Republicans are ready to whip a year-end tax-cut compromise through the House as Congress prepares to finish 2015…
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MBTA ending GLX contracts, plans to find new project manager
The MBTA has notified several firms working on the over-budget Green Line Extension project that it is acting to end their…
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Facebook’s Zuckerberg, now a father, will give away most of his money
SAN FRANCISCO (AP) — Talk about birth announcements: Facebook CEO Mark Zuckerberg and his wife say they'll devote nearly all their…
