Throughout their careers, few of Wall Street's professionals have ever experienced a rising interest rate environment. Most are too young to remember. Many were not even born during the era of the oil embargo, double-digit interest rates and inflation. To them, this is all theoretical and not... click for more
You have several choices — and it’s important that you understand them, because your decision can greatly affect the resources you’ll ultimately have available during your retirement years. click for more
More than 50 Papa Gino's pizzerias — largely in the eastern and central part of the state — were shuttered abruptly over the weekend with reports of employees showing up for work to locked doors and no explanations.
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When completed in the spring of 2020, the $29 million development will include an 84-room boutique hotel to be managed by Main Street Hospitality, as well as a 4,000-square-foot restaurant and 3,000 square feet of retail space. click for more
Those with autism, and for brain injured and the developmentally challenged should be treated just like everybody else and BC Arc tried to do just that.
Through numerous programs throughout the county, BC Arc doesn't just provide support and advocacy for those people, they work hard to integrate... click for more
Most of the community leaders in the central Berkshires knows Manny Slaughter now.
They know him now from hours upon hours of volunteer time he puts in every summer, with a smile on his face, running a basketball program for the area's youth. They know him now from thousands of Pittsfield... click for more
Over the course of their lives, many people pick up a variety of financial accounts from multiple sources. They might have a few IRAs from different providers, a couple of old 401(k) plans from past employers, an insurance policy (or two) purchased many years ago, and a scattershot of stocks, bonds, certificates of deposit and other investments.
Police are asking the Licensing Board to shut down Lach's Lounge.
Lach's Lounge is currently shut down until mid-November when it will have a hearing before the Licensing Board after a police investigation into a shooting and alleged drug dealing. The latest pile onto a lengthy history of instances at the bar and for that, Police have asked for the liquor license to be revoked.
It happened like clockwork. Earlier in the week, all three main U.S. averages re-tested their lows and then proceeded to bounce back, only to give it all back. That's what happens during corrections, but it is not over yet. After all, it is October.
The last time the United States had an unemployment rate of 3.5 percent was the 1960s.
But, that is also when inflation skyrocketed and wasn't ultimately curbed until a painful recession hit. The expectations of the Federal Reserve Bank of Boston President Eric Rosengren is that the United States will hit that 3.5 percent unemployment mark soon and federal interest rates will be raised to curb inflation.
Textbook prices have increased four times faster than the rate of inflation since 2006. At least 30 percent of post-secondary students buy their textbooks with financial aid money. Community college students are twice as likely to buy textbooks in the same manner.
The Conservation Commission needs more time before rendering its decision on a hotly debated solar array at the Pontoosuc Country Club.
The Boston-based solar developer Nexamp Inc. is proposing a 6.5-megawatt solar array on 25 of the course's 131 acres of land. But neighbors have been fiercely opposed to it and have been fighting it at every turn. The Conservation Commission needs to give its approval on a portion of the work that is in the wetlands buffer zone.
Since the financial crisis and Great Recession over a decade ago, student loans have grown by almost 157 percent. Compare that to auto loans, which have risen 52 percent. In the case of mortgage and credit card debt, we have seen a decrease by about 1 percent.
Some 50 percent of households are considered at risk of not having enough money to maintain their living standards in retirement, according to the National Retirement Risk Index, produced by the Center for Retirement Research at Boston College.
With a new investor on board, CT Management has just about all of its funding in place to redevelop the St. Mary the Morningstar campus.
Developer David Carver purchased the property at the end of 2017 with plans to transform the historic property into 29 market-rate housing units. Since then the company has been working on securing the financing need to preserve the buildings, transform the interiors, while still making economic sense. The project is estimated to cost more than $6 million.
We have jobs.
That's what numerous elected officials proclaimed Wednesday morning. There are thousands of jobs available. But, at the same time, there are still thousands of people in the Berkshires looking.
"We have jobs, lots of jobs, nearly 1,500 every day. Job from travel and tourism to engineering to health care, executives and entry-level and every level of talent," Mayor Linda Tyer said. "We have jobs. The Berkshires are ready to hire."
Mid-term elections could be the trigger. It wouldn't surprise me to see a deal before November — since the polls appear to favor the Democrats. Trump's tariff offensives, while supported by most of his base, are deeply disturbing to those who are feeling the brunt of foreign-trade retaliation.