Economy
Cambridge Common and Lizard Lounge to close in May 2027
Cambridge Common and Lizard Lounge are set to close at the end of May 2027, with the owners planning a sale of their building.
October 31, 2026
Business & Economy
Economy
Economy
Three Greater Boston labor disputes put contracts in focus
Encore workers remain on strike, while Brigham nurses and Harvard graduate workers have authorized possible repeat walkouts.
October 22, 2026
Economy
Boston Small Businesses Face Challenges and Growth Opportunities
Boston small businesses navigate challenges like rising costs and labor shortages while exploring growth opportunities through digital innovation and local support programs, shaping the city’s economic future.
August 12, 2025
Economy
Assessing the Impact of State and Local Tax Incentives on Business
State and local tax incentives remain a key tool to attract businesses, but new studies reveal mixed results on their economic impact, prompting calls for greater accountability and reassessment of these subsidies nationwide.
August 12, 2025
Economy
State’s Labor Market Struggles as Unemployment Rises
The state faces mounting labor market challenges as unemployment rates climb sharply. Experts cite industry slowdowns and reduced hiring, raising concerns about economic recovery and job security for residents.
August 12, 2025
Economy
Boston Downtown’s Financial Health and Tax Base Examined
Boston Downtown’s financial health and tax base are under scrutiny as city officials analyze revenue trends and economic impacts. The assessment aims to inform future fiscal policies amid shifting market conditions.
August 11, 2025
Economy
Climatetech Booms, Boosting Massachusetts Economy
Massachusetts’ climatetech sector is booming, driving job growth and innovation. Investments in clean energy startups and green infrastructure are boosting the state’s economy and positioning it as a leader in climate solutions.
August 11, 2025
Economy
High Costs Hamper Talent Attraction and Retention Efforts
Rising living and housing costs are hindering companies’ efforts to attract and retain top talent. Employers face growing challenges as salary hikes struggle to keep pace with soaring expenses.
August 11, 2025
Economy
Clean Energy Boom Fuels Surge in Job Creation Worldwide
The global clean energy sector is booming, driving a surge in job creation worldwide. Renewables like solar and wind are leading the charge, creating millions of new roles and transforming labor markets.
August 11, 2025
Economy
Housing Market Trends and Their Impact on Economic Growth
Recent housing market trends reveal rising prices and shifting demand, significantly influencing economic growth. Experts warn that affordability challenges could slow spending, while construction booms may boost job creation.
August 11, 2025
Economy
Massachusetts Agriculture: Current Trends and Challenges
Massachusetts agriculture faces shifting trends as farmers adopt sustainable practices amid rising climate challenges. Crop diversification and local food demand grow, yet labor shortages and urbanization pressure persist.
August 11, 2025
Economy
Hybrid Work Model Reshapes Commercial Real Estate Market
The rise of the hybrid work model is transforming the commercial real estate market, prompting a shift in demand for flexible office spaces and redesigned layouts to accommodate both remote and in-person work.
August 11, 2025
Economy
Inflation and Rising Costs Strain Local Businesses Nationwide
Local businesses nationwide are feeling the pinch as inflation and rising costs force price hikes and tighter budgets. Many owners struggle to maintain operations amid shrinking profit margins and uncertain futures.
August 11, 2025
Economy
Federal Funding Cuts Hit Massachusetts R&D Sector Hard
Federal funding cuts are dealing a severe blow to Massachusetts’ research and development sector, jeopardizing innovation and job growth in the state’s vital tech and biotech industries.
August 11, 2025
Economy
How a National Recession Impacts Massachusetts’ Economy
A national recession significantly impacts Massachusetts’ economy, leading to job losses, slowed business growth, and reduced consumer spending. Key sectors like technology and manufacturing face increased challenges amid uncertainty.
August 11, 2025
Economy
Local Universities: Key Drivers of Economic Innovation
Local universities are emerging as vital engines of economic innovation, fostering startups, attracting investment, and driving research breakthroughs that boost regional growth and job creation.
August 11, 2025
Economy
Supply Chain Struggles Disrupt Key Massachusetts Industries
Massachusetts industries face mounting challenges as supply chain disruptions delay shipments and inflate costs. Key sectors, including manufacturing and healthcare, report significant operational setbacks amid ongoing logistic hurdles.
August 11, 2025
Economy
Supply Chain Issues Disrupt Key Industries Across Massachusetts
Supply chain disruptions are impacting key industries across Massachusetts, causing delays and shortages. Manufacturers and retailers report challenges sourcing materials, affecting production and consumer availability statewide.
August 10, 2025
Economy
New Legislation Reshapes the Future of the Gig Economy
New legislation aims to reshape the gig economy by enhancing worker protections and redefining employment classifications. Experts say it could transform freelance and platform-based jobs nationwide.
August 10, 2025
Economy
State’s Millionaire Tax Sparks Debate Over Economic Impact
A newly proposed millionaire tax in the state has ignited a fierce debate over its economic impact. Supporters argue it funds vital services, while critics warn it may drive wealthy residents away.
August 9, 2025