News
Massachusetts businesses enter 2026 with pessimistic view
24+ min ago (193+ words) As the calendar flipped into a busy election year, businesses in Massachusetts entered 2026 carrying the same pessimistic view of conditions here that they'd held for most of 2025. The Associated Industries of Massachusetts' business confidence index fell 1.7 points in December, marking…...
Bringing charges against the Fed: What we do (and don’t) know
1+ hour, 59+ min ago (887+ words) Trump has repeatedly criticized Powell and the Fed for not moving faster to cut rates. Economists warn that a politicized Fed that caves in to the president's demands will damage its credibility as an inflation fighter and likely lead investors…...
Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
20+ hour, 18+ min ago (760+ words) The move represents an unprecedented escalation in President Trump's battle with the Fed, an independent agency he has repeatedly attacked for not cutting its key interest rate as sharply as he prefers. The renewed fight will likely rattle financial markets…...
Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4% - The Boston Globe
3+ day, 20+ hour ago (1098+ words) WASHINGTON " Sluggish December hiring concluded a year of weak employment gains that have frustrated job seekers even though layoffs and unemployment remained low. Employers added just 50,000 jobs last month, nearly unchanged from a downwardly revised figure of 56,000 in November, the…...
Fedâs Miran says more than full point of cuts needed in 2026
5+ day, 21+ hour ago (1102+ words) Fed's Miran says more than full point of cuts needed in 2026The Boston Globe Fed's Miran says more than full point of cuts needed in 2026 Federal Reserve Governor Stephen Miran said the US central bank will need to cut interest rates…...
Opinion | Here's what we should do about today's robber barons
1+ week, 3+ day ago (524+ words) Jane Hoffman is a former New York City Consumer Affairs commissioner, author of "Your Data, Their Billions," and a fellow at the Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School. If you can count to seven, you can number…...
Will the recession finally arrive in 2026?
1+ week, 6+ day ago (632+ words) File under "better late than never." After more than 120 episodes, I finally got a chance to have my colleague Larry Edelman, author of the Globe's popular Trendlines newsletter, on my "Say More" podcast. We recorded an episode this month, in…...
2026 economic outlook: Sluggish hiring, AI disruption, and tariffs
2+ week, 11+ hour ago (887+ words) As another year winds down, forecasts for what comes next are everywhere. But for the economy, 2026 is shaping up less as a fresh start than as a sequel. The big storylines from 2025 " about jobs, artificial intelligence, and tariffs " have yet…...
Hereâs a recap of Trump's trade actions this year
2+ week, 3+ day ago (571+ words) It's been a rollercoaster of a year for U.S. trade policy. President Trump launched a barrage of new tariffs in 2025, plunging the U.S. into trade wars with nearly every country in the world. Volley after volley of threats and steeper import taxes…...
Economic growth surges in late summer, the highest in two years - The Boston Globe
2+ week, 6+ day ago (721+ words) The US economy grew at its fastest pace in two years from July through September, capping six months of robust growth that economists caution is unlikely to continue. New data from the Commerce Department on Tuesday " delayed by two months…...