Massachusetts lost 200 jobs in July as the state’s unemployment rate slid into line with the national rate at 4.3 percent, the first time unemployment in the state has not been lower than the country overall since 2008.
A Brazilian national was recently indicted in federal court in Boston in connection with using gift cards to withdraw over $6,000 from bank accounts that did not belong to him.
MassHousing has provided $17.6 million in affordable housing financing to the Claremont Cos. for the refinancing of the 200-unit Solemar at South Dartmouth.
A lack of access to providers can pose barriers for people needing behavioral health care, according to industry officials who on Thursday suggested expanding access to telemedicine services.
Gunnar Birkerts, an internationally acclaimed modernist architect who designed buildings including the Federal Reserve Bank in Minneapolis, the Corning Museum of Glass in Corning, New York and the University of Michigan Law Library, has died. He was 92.
Fort Point startup CloudHealth Technologies has leased 80,000 square feet at 100 Summer St. in the Financial District to accommodate its rapid workforce growth.
Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of Realtors.
Yesterday’s release of meeting minutes from the Federal Open Market Committee’s July 25-26 meeting garnered plenty of headlines due to the dialogue between FOMC members suggesting a rate increase in December may not be as certain as some had initially thought. But smaller banks were not left out the FOMC’s discussion.
MassDevelopment has issued $22.8 million in tax-exempt bonds for Lutheran Home of Jamaica Plain Inc., a subsidiary of Ascentria Care Alliance Inc. Ascentria used bond proceeds to buy Laurel Ridge Rehabilitation & Skilled Nursing Center, a 120-bed skilled nursing facility in Boston’s Jamaica Plain neighborhood. Berkshire Bank purchased the bonds.
Nineteen companies from across the state have been selected as finalists for the 2017 Team Massachusetts Economic Impact Awards, awarded annually by MassEcon for their outstanding contributions to the state’s economy.
Team Haverhill and Haverhill Bank are partnering to find a new home for one of the original shoe sculptures created for the Soles of Haverhill project. The shoe, designed by luxury department store Nordstrom, has been on display at the bank’s Lafayette Square branch since 2009. The shoe sculptures salute Haverhill’s celebrated manufacturing history as the Queen Slipper City.
Earlier this week, Gov. Charlie Baker announced $72 million in housing subsidy funds and additional state and federal tax credits to 25 projects in 17 communities for the creation, rehabilitation and preservation of 1,970 housing units across the commonwealth, including 402 units reserved for very low-income families and families making the transition out of homelessness.
Workers at lower-wage companies are less likely to be enrolled in health insurance through their employer than their peers at other businesses, and those who do often have higher premiums and deductibles, according to a new state report.
Following a mild decline last week, the 10-year Treasury yield rose 1 basis point this week. The 30-year mortgage rate similarly remained relatively flat, falling just 1 basis point to 3.89 percent. Mortgage rates are continuing to hold at low levels amidst ongoing economic uncertainty.
The Boston Housing Authority has selected Boston-based WinnCos. to redevelop the Mary Ellen McCormack housing complex in South Boston.
Ground was broken Tuesday on 41 units of mixed-income townhomes at Olmsted Green, part of a $200 million redevelopment of the former Boston State Hospital site.
Several auto lenders are being fined after the Massachusetts Division of Banks discovered unlicensed or illegal lending activities, as part of a statewide survey of 200 car dealerships in conjunction with the state’s Division of Professional Licensure and the Registry of Motor Vehicles.
In the month of July, the Massachusetts Division of Banks allowed, or received applications, regarding credit unions looking to merge, expand membership and to relocate, close or establish branches.
Saying the status quo is holding down economic and job growth, President Donald Trump on Tuesday signed an executive order aimed at streamlining environmental reviews and permitting of major infrastructure projects and establishing a two-year goal for such processes.
The 80-unit Trac 75 apartment complex in Allston has passed the 75 percent leasing threshold in just over three months on the edge of one of Boston’s most-watched development clusters.