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Oct. 14, 2024Edition

🔒Q&A: Brothers bring flavor to Central Mass.

Tom and Nick Bedrosian always knew they wanted to go into business together. Growing up, the brothers did not know what their business would look like, but after creating an all-purpose seasoning in their family kitchen, an idea for a spice company was born.

🔒Editorial: Central Mass. banks find way to compete & stay local

In an ultra competitive environment, smaller local banks have two main things going for them: brand recognition and community connections.

🔒Viewpoint: Do you need to fear retirement?

People are viewing retirement as a chance for new experiences and new opportunities, rather than a time to simply wind down. But if you’re going to make the most of your retirement, which could last two or even three decades, you need to be financially prepared.

Movers & Shakers for Oct. 14, 2024

Employees at Vision Advertising, Rockland Trust, and the Worcester Art Museum are makeup upward moves in their careers.
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🔒101: How to leverage social media for business growth

Social media apps are free, accessible, global platforms; all companies should discover how they can best benefit from them.

🔒Business sayings to live by

“Be long-term greedy.”

🔒10 Things I know about … Raising entrepreneurial kids

You can guide kids to make good decisions, but don’t be overbearing. Don’t impose your vision on their dreams.

🔒Demystifying finances: As financial illiteracy becomes a growing concern, Central Mass. institutions are helping people understand how money can work for them

Banking and finance leaders at Central Massachusetts institutions see education as a key way to help combat financial illiteracy.
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🔒Falling rates: The Fed’s cut to interest rates will boost the Central Mass. economy, yet the impact may not be immediate

The most straightforward analysis of the rate reduction is it’s good news for people and businesses who are either looking to borrow or who are already paying down debt.

🔒A new outlook: MetroWest chamber’s new CEO leans into community engagement and growth as he begins his tenure

Shah plans on leveraging his experience in public education and nonprofit work to promote education among business owners.

🔒From the Editor: The start of something new

After the U.S. and Central Massachusetts got through the initial phases of the COVID pandemic, the economy was largely strong by traditional standards, with low unemployment and GDP growth. Yet, due to rapid inflation and the lingering effects of the COVID pandemic, the economy just wasn’t working for everybody.

UMass Chan researcher wins Nobel Prize

Victor Ambros, a scientist at UMass Chan Medical School in Worcester, has been named the recipient of the 2024 Nobel Prize in Physiology or Medicine for his co-discovery of microRNA. 
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