Banking & Finance

Small businesses in Worcester County were pummeled by the coronavirus pandemic like their counterparts virtually everywhere. New data shows their business is likely to end the year down almost half from where they started.

For a short stretch early on when the coronavirus pandemic began spreading, the American stock market took a nosedive. In almost all the time since, the stock market, including most of the largest public companies in Central Massachusetts, spent 2020 recovering — and then some.

It's been about as challenging a year as a hospital could face: a pandemic requiring an all-out emergency response and pushing aside day-to-day procedures and appointments that normally help make ends meet.

Michael Rooney, the CFO and executive vice president at Central One Federal Credit Union, is retiring at the...

Hartford business advisory firm blumshapiro, which has an office in downtown Worcester, will join CiftonLarsonAllen LLP, known as CLA, effective Jan. 1, the company announced on Thursday.

BayCoast Mortgage Co., a subsidiary of Swansea-headquartered BayCoast Bank, has opened a loan production office in Auburn, the company announced Thursday. 

Parents of students at MCPHS University and Worcester Polytechnic Institute take out the most loans to pay for their children's education in Central Massachusetts, according to newly released federal data.

Clinton's tax rate puts a heavier burden on commercial and industrial property owners, but the gap is being narrowed.

People are on the move at Elevate Counseling Services, Anna Maria College, Open Sky Community Services and more.

Roughly 350 entities in Central Massachusetts received at least $1 million under the federal Paycheck Protection Program, a U.S. Small Business Administration program aimed at keeping businesses and organizations afloat during the coronavirus pandemic.