Banking & Finance

Trivia question: What $160-million public facility opened in Worcester’s Canal District in 2021?

This year marks the 10th anniversary for Bay State Brewing Co. The company started when Co-founder Chip Jarry began bringing beer he brewed to a hockey rink locker room.

People are on the move at MutualOne Bank, Friendly House, and more.

As part of the then-new Federal Housing Administration’s effort to give out more home loans, a 1936 assessment of the neighborhoods in Worcester was commissioned by the Home Owners' Loan Corp.

In 1936, seven white men judged which neighborhoods of Worcester were not viable for real estate financing. Today, as rising costs overburden half of renters in the city, those impacted the most are from those neighborhoods still suffering from lack of investment.

As the cost of leased housing has risen and wages have stayed relatively stagnant, the portion of Worcester renters who are overburdened by the cost of their homes has risen to 51%.

WBJ is conducting its annual Economic Forecast survey, gauging readers' opinions about what 2023 will bring. Those who fill out the survey by Dec. 19 will be eligible to win one of three $50 gift cards.

Massachusetts will steer nearly $169 million in U.S. Treasury funding toward loans and seed money for small businesses and entrepreneurs, the Baker administration announced Tuesday.

Massachusetts employers in November reported the highest degree of confidence in their economic outlook since September 2021, according to the latest monthly report from the Associated Industries of Massachusetts.

Officials at the state pension fund expect economic cycles and market downturns will periodically affect their investments and the quarter that ended in September "was one of those periods, unfortunately," the head of MassPRIM said as the agency also confirmed that it has connections to the failed cryptocurrency firm FTX.