Economy

Boston Faces Potential $1 Billion Budget Shortfall Amid Declining Commercial Property Values

News Summary Boston is potentially facing a $1 billion budget shortfall largely due to decreased commercial property values, as highlighted…

1 month ago

Boston’s Bar Scene Transformed by Generation Z’s Sober Curiosity

News Summary Boston's nightlife is undergoing a significant shift as Generation Z embraces a sober curiosity, resulting in a decline…

1 month ago

Boston Universities Reassess Developments Amid Funding Cuts

News Summary Boston-area universities are reconsidering real estate developments due to federal funding cuts, affecting financial stability. Institutions like UMass…

1 month ago

Boston City Council Questions Museum Tax Exemptions

News Summary Boston City Council members are examining Mayor Michelle Wu's decision to exempt six local museums from the Payment…

1 month ago

Boston Experiences Unprecedented May Warmth

News Summary This May, Boston residents are experiencing a remarkable increase in temperatures that feels more akin to summer than…

2 months ago

Boston Launches New E-Bike Incentive Program

News Summary Massachusetts has launched an initiative to provide electric bicycle (e-bike) rebates for moderate to low-income residents. This program,…

2 months ago

Billionaire Jim Davis Backs Mayoral Candidate Josh Kraft

News Summary In a significant move in Boston's mayoral race, billionaire Jim Davis has donated $1 million to support candidate…

2 months ago

Boston Aims for Cleaner Charles River Amid Portland’s Success

News Summary Boston is looking to leverage recent successes from cities like Portland, Oregon, to achieve cleaner waterways, specifically in…

2 months ago

East Otis Runner Honors Fallen Heroes in Boston Marathon

News Summary Maggy Sarnacki from East Otis ran the Tough Ruck 26.2 during the Boston Marathon to honor fallen military…

2 months ago

Greater Boston Housing Market Crisis: High Prices and Low Inventory

News Summary The Greater Boston housing market is facing a severe crisis characterized by skyrocketing home prices and dwindling inventory.…

2 months ago