Greater Worcester

The increase in interest rates is exactly what many in the financial field have been waiting for, and something we have been talking about seemingly for years. Low rates have meant low margins, which have meant struggling times for many lenders.

Catholic Charities has picked a long-time government official and the former chief operating officer of the Mass Lottery Commission as the new executive director of Catholic Charities Worcester County.

The long-time McDonald's fast-food restaurant in Auburn will be converted into professional offices.

Southbridge medical provider Harrington HealthCare System has officially cut the ribbon on its new 16-bed mental illness and substance abuse facility in Webster and expects to begin accepting patients by early January at the latest, according to a company announcement Friday.

A 13-unit apartment complex at 70-72 Russell St. in Worcester sold for $972,000, according to an announcement Thursday from Worcester real estate brokerage firm NAI Glickman Kovago & Jacobs.

Three incubators in MetroWest received a collective $105,375 in incubator grants from MassDevelopment as part of a funding round focused on community-based innovation and entrepreneurship from the financing agency.

The Worcester City Council has postponed a vote on the city's tax rate to Dec. 20.

A new analysis by WalletHub has ranked Worcester the 29th best college city out of 151 midsize cities in the United States.

In a continued land-grab by Worcester Railers Hockey Club owner Cliff Rucker, the Worcester office building of law firm Bowditch & Dewey sold Wednesday for $2.8 million.

Anna Maria College celebrated the holiday season by donating a collection of musical instruments to UMass Memorial Children's Medical Center in Worcester.