Rising mortgage rates unlikely to dampen Boston real estate

bGlobe

By Katheleen Conti | The Boston Globe Mortgage rates are on a post-election spike that some observers said marks the end of the historically low rates that homeowners and house hunters have been enjoying for the past five years. Rates for 30-year loans this week edged over 4 percent for the first time in 2016, […]

In Trump times, cities must lead on climate change

bGlobe

By Joan Fitzgerald | The Boston Globe As a candidate, Donald Trump vowed he would abandon the Paris Agreement, reverse President Obama’s climate initiatives, and bring back coal. As president-elect, he’s been more circumspect, but his appointment of climate-change denier Myron Ebell to head the transition at the EPA suggests he may try to make good on […]

Harvard, janitors reach deal that may have ripple effect

bGlobe

Deal could set bar for wages in other states By Katheleen Conti | Boston Globe In a span of just five months, thousands of low-wage union workers in Greater Boston have racked up victories against powerful institutions and employers, at a time when the discontent of the working class shaped the presidential election. The latest came […]

US economy grew at 2.9 percent rate in third quarter

bGlobe

By Deirdre Fernandes | The Boston Globe The Massachusetts economy expanded at an accelerated pace in the third quarter of 2016, faster than the national economy, which had its biggest gains in two years, the University of Massachusetts reported on Friday. The state’s economy grew at 3.7 percent in the three months ending in September, compared […]

It’s time for vocational schools to get some respect

bGlobe

Mass. employers depend on their graduates and say more must be done to address long wait lists and out-of-date facilities. By Deborah Halber | The Boston Globe On a Monday morning in late spring, city buses arrive like clockwork on Malcolm X Boulevard, disgorging students hunched over cellphones, earbud wires trailing down the fronts of […]

In 2015, Mass. wages rose slower than in rest of US

bGlobe

By Deirdre Fernandes and Evan Horowitz | Boston Globe While the rest of the country saw blockbuster gains in their paychecks in 2015, household incomes in Massachusetts rose at a much slower pace, according to data to be released by the Census Bureau Thursday. Usually, Massachusetts outpaces the nation, with better school test scores and lower unemployment […]

With revenue gains missing predictions, budget cuts possible

bGlobe

By Joshua Miller | The Boston Globe State budget cuts from Governor Charlie Baker are probably coming soon to Massachusetts. The Department of Revenue announced Tuesday that state revenue grew only one-half of 1 percent from August 2015 to August 2016 — a surprisingly tiny amount. Overall, in July and August, the first two months of the […]

City Hall is always above average — if you ask City Hall

bGlobe

By Meghan E. Irons | Boston Globe own CityScore. Miami, Providence, and South Bend, Ind., have volunteered to test the system, officials said. Steve Fox, a longtime South End resident who chairs the South End Forum, said he is very familiar with CityScore and credits the city with being extremely responsive to calls neighborhood residents make […]

Local control on the line amid Biogen takeover speculation

bGlobe

By Robert Weisman | The Boston Globe It’s happened before. For many in the Massachusetts biotech community, the buyout buzz surrounding Biogen Inc. has revived vivid memories of other homegrown heavyweights, notably Genzyme Corp. and Millennium Pharmaceuticals Inc., being snapped up by out-of-state pharmaceutical giants. A purchase of Biogen — which was approached by Merck & […]

Mass. economy outperforming US with steady growth

bGlobe

By Deirdre Fernandes | The Boston Globe The Massachusetts economy kept steady in the second quarter of the year, despite lagging consumer spending, slowing growth elsewhere in the world, and the UK’s decision to leave the European Union, the University of Massachusetts reported Friday. The state’s economy grew at an annual rate of 3 percent, a […]

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