Category: Boston Business Journal
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Experts analyze consequences of Mass. tax cut ballot question
A proposed 2026 ballot question to lower the Massachusetts income tax rate from 5% to 4% would cut household tax bills across the state but also blow a multibillion-dollar hole in state finances and force significant budget decisions on Beacon…
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Massachusetts, Nova Scotia wind pact faces cost, permitting and transmission hurdles
A memorandum of understanding between Massachusetts and Nova Scotia signed this month commits both governments to work together on offshore wind development and regional power sharing — but obstacles remain. The agreement — announced after Gov. Maura Healey unveiled her 2027…
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Mass. hospitals have added 10K jobs since 2020. But that growth has a cost.
Massachusetts hospitals have added 10,000 jobs to the healthcare workforce since 2020, primarily in caregiving positions, according to recently released data from the Massachusetts Health and Hospital Association. They have also reduced industry-wide vacancies by 28%. But one healthcare watchdog says that growth…
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There’s been a decline in SNAP sales at Mass. farmers markets since Nov. 1
Massachusetts farmers are beginning to feel the effects of reduced federal SNAP benefits, with some businesses reporting their SNAP are down by half at farmers markets around Boston. Nov. 1 was the one-month mark for the federal government shutdown that…
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Mass. needs thousands more clean energy workers. Here’s how it plans to train them
Massachusetts needs to train about 29,000 additional clean energy workers by 2030 to reach its climate goal of net zero greenhouse gas emissions by 2050, according to the Massachusetts Clean Energy Center’s 2024 Industry Report. Jennifer Applebaum, MassCEC’s managing director…
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Fed’s Collins presents benign economic outlook, emphasizes inflation and wage growth focus
Federal Reserve Bank of Boston President Susan M. Collins presented a “benign” outlook on the economy with inflation and wage growth remaining main focuses as markets begin experiencing long-term effects of continued inflation, tariffs and heightened market uncertainty. Collins said…
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Food truck owners push for bill establishing state-wide health regulations
As the summer winds to an end, and with it, the prime season for mobile food establishments, lawmakers are considering a bill to create statewide health regulations for food truck businesses. Current regulations require trucks to obtain separate permits from…