Boston economy

Lego Group Opens New U.S. Headquarters in Boston

News Summary The Lego Group has officially established its new U.S. headquarters in Boston, moving from Connecticut after 50 years.…

1 month ago

Boston Maintains AAA Bond Ratings Amid Economic Challenges

News Summary Boston has successfully retained its AAA bond ratings from Moody's and S&P Global for the twelfth consecutive year,…

1 month ago

Massachusetts Faces Economic Challenges Amid Rising Costs

News Summary Massachusetts is confronting significant economic challenges as rising housing costs and high taxes threaten its future. A new…

1 month ago

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 Hosts Governors and Canadian Leaders to Discuss Tariff Impacts

News Summary Leaders from six northeastern U.S. states, including Massachusetts and Maine, met in Boston to address the economic impacts…

1 month ago

Massachusetts Economy Faces Uncertainty Amid GDP Contraction

News Summary Massachusetts is facing economic challenges as the GDP contracts by 0.3% in early 2025, raising concerns about stagnation…

1 month ago

Boston Braces for Job Cuts as Ono Pharma Plans Layoffs

News Summary Ono Pharma is set to lay off 83 employees at its Cambridge headquarters by June 30. This decision…

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

Massachusetts Senator Proposes Ending Happy Hour Ban

News Summary Massachusetts Senator Julian Cyr is advocating to lift a 40-year-old ban on happy hour drink specials in the…

2 months ago

Boston’s Bold $4.8 Billion Budget Proposal Stirs Economic Uncertainty

Boston Globe: Boston Mayor Michelle Wu Unveils $4.8 Billion Budget Proposal WCVB: Boston Budget Amid Economic Uncertainty Boston Herald: Federal…

2 months ago