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Greater Worcester

Movers & Shakers for Oct. 14, 2024

Employees at Vision Advertising, Rockland Trust, and the Worcester Art Museum are makeup upward moves in their careers.

🔒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.

🔒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.
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After previously criticizing Worcester officials, local NAACP applauds City’s new chief diversity hire

Worcester’s NAACP Unit has expressed its support of the City’s decision to hire Kevin Lovaincy.

At Worcester research bureau annual meeting, Fed president predicts return to 2% inflation target

The U.S. economy is in a good place overall, Susan Collins, president and CEO of the Federal Reserve Bank of Boston, said at the Worcester Regional Research Bureau’s annual meeting on Wednesday. 

Cannabis Control Commission nears completion of executive director search following former director’s 2023 resignation

The Cannabis Control Commission expects to wrap up its search for a new executive director.

Health Policy Commission: Mass. healthcare spending rises 5.8%, outpacing household income growth

Health care spending in Massachusetts continued to grow faster than household incomes, according to new research, fueling concerns about access to care even before accounting for more recent upheaval inflicted by Steward Health Care's bankruptcy.
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Holy Cross expands full-tuition grants to students whose families earn $100K or less

Attending college has become more accessible for students of the College of the Holy Cross as the Worcester institution has announced those whose families earn $100,000 a year or fewer with reasonable assets will receive full-tuition grants. 

Having raised $7M in its capital campaign, EcoTarium to start construction on 8.3K-sq.-ft. expansion

Worcester science and nature nonprofit museum EcoTarium will break ground on its first expansion project since 2000, as the museum plans to construct a 8,300-square-foot traveling exhibit gallery. 
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