Economy

The team has declined to give a purchase price on the sale to Diamond Baseball Holdings, but at the request of WBJ, a Holy Cross professor has estimated the team's valuation based on revenues, market size, and the new stadium.

The Central Massachusetts Business Confidence Index rose from 45.7 to 49.6 in November, as statewide data showed a slight decrease.

The workforce shortage that has left employers across sectors scrambling to keep operations running in recent years isn't likely to let up "any time, in the rest of anybody's lifetime," one of the nation's leading economists said Thursday.

Worcester Business Journal has launched the annual survey of its readers for the end-of-year Economic Forecast special edition, in order to ascertain business leaders' outlooks on the Central Massachusetts economy in the coming year.

Leanne Boudreau was among countless scrappy small business owners who pivoted during the COVID pandemic to survive. Yet Notown Goods, a Sterling retail shop selling handmade goods from artisans across the U.S., didn’t just make it through; it boomed.

After holding steady in September, unemployment numbers in Massachusetts ticked slightly upward in October.

Unionized janitors and an association of the region’s largest cleaning contractors union agreed to a tentative agreement early Wednesday, avoiding a strike that could have seen 12,500 area cleaners walk off the job.

Two months since nurses at Framingham Union Hospital requested voluntary recognition of their labor union in a letter to MetroWest Medical Center CEO John Whitlock, nurses have not yet voted on the decision to unionize.

Citing the impacts of high inflation and interest rates, Massachusetts retailers don't expect a big bump in holiday season shopping sales this year.

A separately-owned Venture X franchise is slated to open in the Mercantile Center in Worcester in the coming months. Gagne talked about why coworking is gaining momentum in Central Massachusetts and beyond in an interview in October.