economy - NewBostonPost

boston

Transit ranks high in importance for Hub young professionals

BOSTON – With growth in economic activity and jobs projected to exceed state averages over the next few years, the Massachusetts capital likely will continue to attract new residents and hold on to a significant portion of the more than 150,000 students who flock to the Athens of America each

Massachusetts

Brewing up a business can unlock a new career

Forty years ago in the U.K., the term "microbrewery" emerged to describe new small-batch operations independent of the large brewers and pub chains that dominated the market. Much as many of these relatively tiny beer, ale and stout producers now do today, the first successful one, Litchborough

Massachusetts

Jobs, drugs top concerns for Bay State residents

While race relations and the threat of terrorism dominate the national news, Massachusetts voters at the state level are more concerned about jobs, the economy, and the worsening opioid epidemic, according to local polling data reviewed by the NewBostonPost. Sixteen percent of respondents named jobs as the topmost concern, followed

European Union

Fed holds rates steady as jobs slump, ‘Brexit’ looms

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it foresees an exceedingly slow pace of interest rate hikes — and is in no hurry to resume them. In explaining its decision to keep interest rates unchanged, the Fed expressed concern about a recent slump in U.S. job growth and about

Massachusetts

Budget deficit may reach $370 million this year

BOSTON – Dealing a severe blow to legislative negotiators charged with reaching a state budget accord this month, the Baker administration disclosed Tuesday this year's state budget hole has grown larger and may reach $370 million, while estimates of revenues available for next year's budget might be

economy

Many Northeast, Midwest states face shrinking workforce

In many parts of the Northeast and Midwest, population growth is slowing at an unprecedented rate as people are getting older, women are having fewer children, and more people are moving out than in — and that signals big economic trouble ahead. New population projections out this month add to a

GOP

Bipartisan deal in House to help Puerto Rico with $70B debt

WASHINGTON (AP) — In a breakthrough, House Republicans and Democrats have struck a deal with the White House to help rescue Puerto Rico from $70 billion in debt. A revised bill introduced late Wednesday would create a control board to help manage the U.S. territory's financial obligations and

Massachusetts

Bay State economy seen threatened by global slowdown

BOSTON – Massachusetts holds a "precarious footing" on its economic future, according to a group of regional economists and forecasters, who cited global uncertainty, a potential debt crisis and a U.S. economic slowdown as reasons for concern. The outlook released Wednesday by MassBenchmarks economists notes that first quarter