Baby boomer retirements may slow Mass. economic growth

bGlobe

By Deirdre Fernandes | Globe Staff The biggest hurdle to the state’s economic growth isn’t a slowing Chinese economy, collapsing oil prices, or gyrating financial markets. It’s your graying co-worker. The long-predicted wave of baby boomer retirements — delayed by the recession of 2007-2009 — is beginning to hit companies in Massachusetts and across the […]

‘Friends’-style living on the rise among 30-somethings

bGlobe

By Dugan Arnett | Globe staff It was a typical night at the big house on Victoria Street, which meant that its collection of unrelated adult occupants were engaged in a number of unrelated endeavors. Michelle Belliveau, 29, whose boyfriend, Bill Finn, 34, owns the Dorchester home, was in the living room, picking through bins […]

Mass. economy follows pace of US

bGlobe

By Deirdre Fernandes | Globe staff The Massachusetts economy downshifted significantly at the end of last year, felled by broader weaknesses in the US and global economy, the University of Massachusetts reported Friday. After expanding by a 5.7 percent annual rate in the second quarter of 2015 and 2.4 percent in the third, the Massachusetts […]

Pollack says she has no opinion on surtax to fund transportation

berkshire eagle

By Andy Metzger | State House News Service Stephanie Pollack in 2013 urged lawmakers considering new revenue sources for transportation to consider a greater mix of funds. On Monday, as state transportation secretary, Pollack said she has no position nor opinion on one of the grandest proposals out there — a plan to reap nearly $2 […]

Employer Confidence Steady to Start 2016

AlanClaytonMatthews

Confidence among Massachusetts employers remained steady during January as optimism about the state economy offset uncertainty about China and turbulent financial markets. The Associated Industries of Massachusetts (AIM) Business Confidence Index rose 0.5 points to 55.8 last month, starting 2016 well above the 50 mark that denotes a positive economic outlook. The increase was driven […]

Gov. Charlie Baker releases Fiscal Year 2017 budget proposal

Bluestone

By Lauren Fogelstrom | The Daily Free Press Massachusetts Gov. Charlie Baker released the budget proposal for the Fiscal Year 2017 Wednesday, which will invest $39.6 billion in education, workforce development and local aid without affecting taxes, according to a Wednesday press release. In his announcement, Baker highlighted the need to allocate money in order to improve […]

Boston homeownership keeps sliding

bGlobe

By Tim Logan | Globe staff The homeownership rate in Greater Boston plunged last year, according to data released Thursday by the US Census Bureau, dipping below 60 percent for the first time on record. The decline is in large part attributed to the recent population growth, driven by a wave of young adults moving […]

Making it that ‘final mile’ to work in suburbia

bGlobe

By Emily Sweeney | Globe Staff Say you take the commuter rail to work in the suburbs west of Boston. After you step off the train, you need to find a ride to reach your office. Do you call a taxi? Request an Uber? Wait for a shuttle bus? Wait . . . is there a shuttle […]

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