News
Murky outlook for businesses after tariff ruling prompts countermoves by Trump
2+ hour, 1+ min ago (1168+ words) By MAE ANDERSON, Associated Press The Trump administration says its tariffs help boost American manufacturers and reduce the trade gap. But many U.S. businesses have had to raise prices and adjust in other ways to offset higher costs spurred by the…...
Massachusetts is 1 of 4 states that lost private-sector jobs over the last five years
23+ hour, 5+ min ago (631+ words) Massachusetts" job market is flashing warning signs, with the clearest one coming from the private employment sector. Federal data analyzed by the Pioneer Institute shows Massachusetts is one of only four states, plus the District of Columbia, that have fewer…...
Bay State business outlook remains gloomy entering new year
1+ mon, 1+ week ago (421+ words) Business confidence in Massachusetts slid again in December, marking the tenth straight month that employers reported pessimism " the most prolonged downturn since the early months of the pandemic. Companies across the state say rising operating costs continue to squeeze their…...
Aficionados fret as Trump moves to make pasta great again
3+ mon, 5+ day ago (897+ words) By MIKE CATALINI, GIADA ZAMPANO and PAUL WISEMAN, Associated Press It started with the U.S. Commerce Department launching what it says was a routine antidumping review, based on allegations Italian pasta makers sold product into the US at below-market prices and…...
Federal Reserve cuts key rate as government shutdown clouds economic outlook
3+ mon, 3+ week ago (890+ words) By CHRISTOPHER RUGABER, Associated Press "Job gains have slowed this year, and the unemployment rate has edged up but remained low through August," the Fed said in a statement issued Wednesday. "More recent indicators are consistent with these developments." The…...
Consumer prices in September rise to a pace not seen since January
3+ mon, 3+ week ago (784+ words) By Andrew Ackerman, Washington Post New data released Friday showed inflation heated up in September to a pace not seen since January, according to the first dataset to be released during the government shutdown. The September consumer price index showed…...
Mass. ACA exchange begins to estimate skyrocketing premiums ahead of 2026
3+ mon, 4+ week ago (403+ words) As open enrollment approaches, the state's version of the Affordable Care Act exchange began warning Massachusetts residents about skyrocketing premiums as Congress continues its stalemate over the federal subsidies. As the federal shutdown continues, Democratic lawmakers are pushing to pass…...
Wall Street drops to its worst day since April after Trump's threats of tariffs shatter its calm
4+ mon, 1+ week ago (780+ words) By STAN CHOE, Associated Press The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average dropped 878 points, or 1.9%, and the Nasdaq composite fell 3.6%. Stocks had been heading for a slight gain in the morning, until…...
Wall Street ticks higher after Trump threat of new tariffs on drugs, furniture, and trucks
4+ mon, 3+ week ago (603+ words) By TERESA CEROJANO and MATT OTT, Associated Press Wall Street inched higher early Friday after U.S. President Donald Trump announced plans for new tariffs including100% import taxes on pharmaceutical drugs, starting next week. Futures for the S&P 500 and Nasdaq each moved…...
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
5+ mon, 3+ day ago (360+ words) By CHRISTOPHER RUGABER, Associated Press The move is the Fed's first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate'unchanged this year'as they evaluated the impact…...