By Sam Goldfarb, Peter Santilli and Anthony DeBarros The Wall Street Journal’s latest quarterly survey of business and academic economists shows forecasters remain firmly optimistic about the economic outlook, despite some hints of weakness in recent data. The following graphics show what economists are thinking now and how their forecasts—and the economy—have evolved over recent months and years. After looking at […]
By Andy Medici More details are emerging for the Small Business Administration‘s new structured line of credit loan program that aims to offer more flexibility to lenders and small-business owners. The 7(a) Working Capital Pilot Program will use a fee structure similar to the agency’s existing Export Working Capital Program and its SBA Express loans offering, under […]
By Hannah Green Massachusetts Biomedical Initiatives (MBI) is calling on state officials to designate Central Massachusetts as a “Biomanufacturing Hub” and help the region to compete against those in other states. The nonprofit released a regional biomanufacturing strategy on Tuesday. MBI wants to see the state get involved in such areas as building regional talent and incentivizing large-scale […]
By Joanne Drilling As the Covid-19 comeback continues for downtowns, much of the attention has been focused on the return to the office — or the lack thereof in many cities. But new data suggests the key to a strong downtown recovery may lie beyond the office. That’s according to the latest research by University of […]
By Peter Grant Most people in their 80s who move to Florida go there as retirees. Billionaire property mogul Stephen Ross went for his second act. The 84-year-old, a storied figure in the real-estate industry and one of the most prominent developers of the last half-century, is stepping down as chairman of Related Cos. Ross recently launched a […]
By Trajan Warren The state Senate will vote on a $2.8 billion economic development bill on Thursday which includes plans to transform a 43-acre parcel in Everett into a stadium for the New England Revolution. A separate bill passed by the House in June — H.4804 — didn’t include plans for the stadium. If passed by the Senate, […]
By Lucia Maffei Women are increasingly joining the ranks of angel investors, and now make up almost half of angel investors nationwide, according to a new report. Last year, women angels represented 46.7% of the angel market, marking the third year in a row of increased participation. Women angels accounted for 39.5% of the market in […]
By Hannah Green Venture capital funding to life sciences companies appears to be rebounding nationally after a few down years, according to new data from Pitchbook and the National Venture Capital Association. But that’s not the case among Massachusetts life sciences companies. Nationally, life sciences companies brought in $19.3 billion in the first six months of 2024. Last […]
By Lucia Maffei Shares of HubSpot Inc. plunged in Wednesday afternoon trading after Bloomberg reported that Google parent company Alphabet put the brakes on its rumored acquisition of the Cambridge-based marketing firm. On Wednesday HubSpot’s stock (NYSE: HUBS) closed down 12.22%, giving the company a market capitalization of $25.06 billion. When rumors of a potential deal first emerged in April, the markets were valuing […]
Boston, MA The Chiofaro Company has commenced on Phase II of the $100 million reinvestment and reimagination of International Place – a 1.8 million s/f office property. A beloved landmark on the city’s skyline, International Place has long been touted for its innovative expression and distinctive architecture. International Place reflects the diversity of industries and tenant […]
