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Central Mass. is well positioned for economic growth in 2025. Macroeconomic factors, namely declining interest rates and a reduction in the growth rate of inflation, suggest the national economy will trend upward in 2025.
Worcester, New England’s second largest and fastest-growing major city, continues to benefit from a surge in both public and private investments. This growth is positively impacting residents and businesses across the city’s diverse community.
Massachusetts is in the midst of a tax amnesty running from Nov. 1 to Dec. 30. Tax amnesties don’t come around often and don’t last long.
After a long and brutally divisive election season, Congress now returns to Capitol Hill for the final weeks of the 118th Congress, often referred to as the lame duck session. After an historically unproductive two years, the to-do list remains long.
In late October, we saw the passing of Francis R. "Frank" Carroll, a favorite son of Worcester and one of its truly outstanding citizens.
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
The U.S. and Massachusetts economies are shifting from the post-COVID period of rising prices, a white-hot employment market, and giddy consumers to one of slowing growth and rising unemployment.
Mass. unemployment rate decreased in August to 4.5%, but the state rate remains higher than the national average of 4.6%.
Alexander Ovtchinnikov, senior vice president and chief technology officer at IPG Photonics Corp., is the second executive from the Marlborough-based company to retire within the past three months as IPG's new CEO attempts to combat the effects of
Many organizations aim to recruit and retain individuals from historically underrepresented backgrounds. However, simply increasing the numbers of underrepresented and marginalized individuals within a workforce does not guarantee success.
Community members warn of the domino effect caused by the closure of Nashoba Valley Medical Center in Ayer, which will exacerbate the healthcare crisis.
Small business development efforts have found that one of the most successful support structures for business growth and success have been business incubators.
Small towns have undergone dramatic change, from being the center of the universe for area farms to becoming isolated bedroom neighborhoods of larger city centers.
For the third year in a row, TJX Cos. Inc. President and CEO Ernie Herrman was the highest-paid CEO in Central Massachusetts. Herrman earned $22.2 million in total compensation for fiscal 2023, nearly 1,496 times more than the corporation’s median
Central Massachusetts business leaders are mildly optimistic as to where the economy has gone and is going in 2024. According to results from WBJ's Midyear Economic Survey, 64% of respondents said the local economy would improve either significantly
Yes, newspapers, the institutions we generally think of when considering the state of media, have seen more than their share of declines. However, most of us who care about local news and for a generation have been longing for what was, we are