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@theMarket: Markets Celebrate Fourth of July
The continuing gain in jobs cheered equity markets on Thursday, just before the holiday weekend. Given the surge in virus cases in more than half of the United States at the same time, some investors were dumbfounded. They just don't get it. click for more
The Retired Investor: Big Banks & Big Brother
One might question where and when will this creeping nationalization of the private sector economy come to an end. The Fed is already purchasing bonds from companies such as Verizon on the open market as well as bond funds and exchange traded funds. Will stocks be next? click for more
Work to Achieve Your Financial Independence
Still, as we prepare to observe Independence Day, it's comforting to realize all the freedoms we still have in this country. And taking the right steps can also help you achieve your financial independence. click for more
@theMarket: The Virus Versus the Fed
So, what happens now? Most likely, we get a few more rounds of positive economic data points, such as stronger retail sales, higher manufacturing numbers, etc., but those are "rebound" numbers from a low, low base. click for more
The Retired Investor: Corporate Debt & the U.S....
The pandemic and its impact on the American economy required a drastic response from both the federal government and the Federal Reserve Bank. One of the most controversial, but necessary, steps taken by the Fed was to not only purchase private-sector debt, but implicitly guarantee that debt. click for more
State's Sales Tax-Free Holiday Set for Aug. 29-30
The Baker-Polito administration said the tax-free weekend will take place Aug. 29-30. This marks the second sales tax holiday held under the new law signed by Gov. Charlie Baker in 2018 that made the weekend an annual occurrence. click for more
Ensure You Are Properly Insured
You might be surprised at the lack of protection among your fellow citizens. Less than 60 percent of Americans have life insurance, and just about half of those with insurance are underinsured, according to LIMRA, a research organization. click for more
Greylock Federal Appoints Escobar to New...
In this new role, Escobar will expand her financial coaching responsibilities, assist members in obtaining ITIN loans and strengthen Greylock's relationships within the growing Latinx community and its commitment to its designation as a Juntos Avanzamos (Together We Advance) credit union. click for more
Limited Indoor Dining, Nail Salons Can Resume on...
Gov. Charlie Baker on Friday morning said the second step in Phase 2 of Reopening Massachusetts would commence on June 22, allowing for some inside dining, close contact person services, fitting rooms by appointment and increasing the occupancy percentage of offices. click for more
Big Y Appoints New CFO
Jasmin is responsible for the company's strategic planning, finance, accounting, treasury and tax functions. As a senior member of the executive team, she reports to Charles L. D'Amour, president and CEO, along with Big Y's board of directors. And, she represents the first woman to be appointed to the c-suite for the company.
Can You Invest for Retirement and Education?
It is indeed possible, although you may need to prioritize somewhat. Specifically, you may not want to put off saving for retirement in favor of education. But by viewing these goals together and investing as early as possible in each of them, you can take advantage of one of your biggest assets – time.
Williamstown Making No Plans for On-Street Dining
Town Manager Jason Hoch last month floated the idea of temporary closures during limited hours as a way to help local businesses recover from the closures brought on by the COVID-19 pandemic.
Greylock Federal Names Chief Administrative...
Her areas of responsibility now include administration, marketing, community partnerships and support, board governance and human resources.
@theMarket: Markets Fear New Virus Surge
Thursday happened to be one of the worst days for the market all year. Stock indexes dropped between 5-6 percent in the blink of the eye as the number of COVID-19 cases spiked higher in several states. Was that simply an excuse to sell, or should we be worried about a second surge?
MassDOT Offering Municipal Grants to Outdoor...
Towns and cities trying to aid businesses in reopening will have access to some $5 million in grants through the state Department of Transportation.
Adams Preparing For Outside Dining
Restaurants have been limited to take out and delivery since the onset of the COVID-19 pandemic in March. The reopening plan is great news for an industry that, according to the National Restaurant Association, lost a total of $80 billion in sales and over 5 million jobs in March and April alone because of the global pandemic.
Nearing Retirement? What Questions Should You Ask?
But assuming your employment is still stable, what adjustments in your financial and investment strategies might you need to make for your retirement?
Pittsfield to Expedite Restaurant Outdoor...
The licensing board voted unanimously Monday to give Chairman Thomas Campoli the ability independently act upon applications to expand restaurant service outdoors.
Lever Names Winners in Health Tech, Sustainability...
The grant was one of two $25,000 awards given out on Thursday during an afternoon Zoom presentation by four finalists in each category. Multiscale Systems of Worcester, led by Jesse Silverberg, won the Berkshire Sustainability Challenge for its innovations in lightweight materials for the trucking industry.
@theMarket: Jobs Jubilee
A funny thing happened before the market opened Friday morning. Jobless claims, which were supposed to come in at a loss of 8 million, actually did the reverse. Investors were stunned when the Department of Labor announced a gain of 2.5 million jobs. That was cause to celebrate.
Leadership, Networking Program Maintains, Expands...
For more than a decade, Linda Dulye has been on a mission to provide leadership development and networking opportunities for young professionals.
The Retired Investor: Will Jobs Come Back...
As this week's job report looms ever closer, investors have become inured over data showing job losses in the multimillions. The present thinking among economists, strategists and politicians is that all these jobs will come back. The question is when.
Pittsfield Co-op Taps Vice President-Mortgage...
Burke, a seasoned veteran, joins the bank with many years of experience in the banking industry, working for Canaan National and Salisbury Bank for more than 20 years.
Red Lion Inn Appoints General Manager
In his new role, Scherff will oversee the historic hotel's operational strategy to ensure flawless execution of Main Street Hospitality's quality standards of service and hospitality.
Pizzeria to Open in Former Daddyo's Diner on East...
The board approved license last Wednesday for the "Crust" moving into 505 East St., site of the former Daddyo's Diner.
Sticking to Budget Can Boost Your Emergency Fund
In normal times, it's a good idea for you to keep three to six months' worth of living expenses in a liquid, low-risk account. Having an emergency fund available can help you cope with those large, unexpected costs, such as a major car repair or a costly medical bill.
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