Massachusetts economy

Massachusetts Faces Federal Funding Crisis Endangering Research and Economic Growth

News Summary Massachusetts is confronted with a federal funding crisis as nearly 1,000 research grants worth $2.6 billion are canceled,…

1 month ago

Massachusetts Sees Spike in Unemployment Claims

News Summary Massachusetts has reported a rise in unemployment claims, with initial filings reaching 5,465 for the week ending June…

1 month ago

Massachusetts Faces Business Ownership Crisis Amid Baby Boomer Retirements

News Summary As Baby Boomers prepare to retire, Massachusetts confronts a potential crisis in small business ownership. With many business…

1 month ago

Massachusetts Home Prices and Sales Surge Amid Shortage

News Summary Massachusetts is experiencing a rise in home prices and sales with the median sale price for single-family homes…

1 month ago

Massachusetts Rejects Workers’ Compensation Rate Increase

News Summary Massachusetts Insurance Commissioner Michael Caljouw has rejected a proposed 7.1% increase in workers' compensation rates by WCRIB, maintaining…

2 months ago

Massachusetts Legislature Approves Sales Tax Holiday for 2025

News Summary The Massachusetts Legislature has approved a sales tax holiday for August 9 and 10, 2025, suspending the 6.25%…

2 months ago

Massachusetts Sees Surge in Unemployment Claims

News Summary Massachusetts is grappling with a sharp increase in unemployment claims, with 5,692 new claims reported for the week…

2 months ago

Massachusetts Announces Sales Tax Holiday for August 2025

News Summary The Massachusetts Legislature has announced a sales tax holiday for August 9-10, 2025, to stimulate the economy and…

2 months ago