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Economy – worcester.ma https://worcester.ma The Worcester Sun, local news worth supporting Wed, 22 May 2019 17:31:20 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 Inbox [Feb. 10-17]: News and notes from Bravehearts, Fallon Health, Webster Five and more https://worcester.ma/2018/02/inbox-feb-10-17-news-and-notes-from-bravehearts-fallon-health-webster-five-and-more/ https://worcester.ma/2018/02/inbox-feb-10-17-news-and-notes-from-bravehearts-fallon-health-webster-five-and-more/#respond Sat, 10 Feb 2018 14:06:34 +0000 https://worcester.ma/?p=226457 Have news you or your group would like to share? Let us know by emailing it to info@worcester.ma. Be sure to include a link to the full release on your site or Facebook page so we can include it and send Sun members your way.]]> https://worcester.ma/2018/02/inbox-feb-10-17-news-and-notes-from-bravehearts-fallon-health-webster-five-and-more/feed/ 0 The Balancing Act: Owning your place among entrepreneurs https://worcester.ma/2018/02/the-balancing-act-owning-your-place-among-entrepreneurs/ https://worcester.ma/2018/02/the-balancing-act-owning-your-place-among-entrepreneurs/#respond Wed, 07 Feb 2018 06:25:20 +0000 https://worcester.ma/?p=225793 'An entrepreneur is someone who rarely wants things to stay the same. Entrepreneurs want to disrupt the market, while small business owners tend to adopt the business styles and structures of pre-existing businesses.']]> https://worcester.ma/2018/02/the-balancing-act-owning-your-place-among-entrepreneurs/feed/ 0 Inbox [Feb. 7]: News and notes about Worcester Economic Index and Massachusetts Small Business Development Center https://worcester.ma/2018/02/inbox-feb-7-news-and-notes-about-worcester-economic-index-and-massachusetts-small-business-development-center/ https://worcester.ma/2018/02/inbox-feb-7-news-and-notes-about-worcester-economic-index-and-massachusetts-small-business-development-center/#respond Wed, 07 Feb 2018 06:22:14 +0000 https://worcester.ma/?p=225841 Have news you or your group would like to share? Let us know by emailing it to info@worcester.ma. Be sure to include a link to the full release on your site or Facebook page so we can include it and send Sun members your way.]]> https://worcester.ma/2018/02/inbox-feb-7-news-and-notes-about-worcester-economic-index-and-massachusetts-small-business-development-center/feed/ 0 Worcester Sun, Feb. 7: Rosenberg on the hot seat, Hitch on a worthy crusade, owning your place in the business world + more https://worcester.ma/2018/02/worcester-sun-feb-7-rosenberg-on-the-hot-seat-hitch-on-a-worthy-crusade-owning-your-place-in-the-business-world-more/ https://worcester.ma/2018/02/worcester-sun-feb-7-rosenberg-on-the-hot-seat-hitch-on-a-worthy-crusade-owning-your-place-in-the-business-world-more/#respond Wed, 07 Feb 2018 05:09:37 +0000 https://worcester.ma/?p=225819 Subscribe now to our new full-color, locally produced print edition, on newsstands (or in your mailbox) Saturday mornings.]]> https://worcester.ma/2018/02/worcester-sun-feb-7-rosenberg-on-the-hot-seat-hitch-on-a-worthy-crusade-owning-your-place-in-the-business-world-more/feed/ 0 Mariano: What’s wrong with Charlie Baker? https://worcester.ma/2018/02/mariano-whats-wrong-with-charlie-baker/ https://worcester.ma/2018/02/mariano-whats-wrong-with-charlie-baker/#respond Sat, 03 Feb 2018 13:56:06 +0000 https://worcester.ma/?p=224893 "So why would anyone run against Charlie Baker? What is he doing so wrong that a candidate thinks he or she could bring Baker’s stratospheric numbers back down to earth?"]]> https://worcester.ma/2018/02/mariano-whats-wrong-with-charlie-baker/feed/ 0 Worcester’s affordable housing gap https://worcester.ma/2018/02/big-picture-worcesters-affordable-housing-gap/ https://worcester.ma/2018/02/big-picture-worcesters-affordable-housing-gap/#respond Sat, 03 Feb 2018 13:55:43 +0000 https://worcester.ma/?p=224903 Seventy-four percent of renters who made below $35,000 a year paid more than 30 percent of their income in rent and utilities. Only 21 percent of renters making above $35,000 had such a heavy rent burden.]]> https://worcester.ma/2018/02/big-picture-worcesters-affordable-housing-gap/feed/ 0 Worcester’s Power Players, a more definitive list https://worcester.ma/2018/02/jane-jacobs-woo-worcesters-power-players-a-more-definitive-list/ https://worcester.ma/2018/02/jane-jacobs-woo-worcesters-power-players-a-more-definitive-list/#respond Sat, 03 Feb 2018 13:55:18 +0000 https://worcester.ma/?p=224807 If we are going to honor the developers, we also have to acknowledge the role of those who create the crucial infrastructure of a vital built environment – the artists, the preservationists, the tree huggers and the tree planters. … They too are the “power players.”]]> https://worcester.ma/2018/02/jane-jacobs-woo-worcesters-power-players-a-more-definitive-list/feed/ 0 Inbox [Jan. 31]: News and notes from Sen. Chandler, Worcester Chamber, Temescal Wellness, ArtsWorcester https://worcester.ma/2018/01/inbox-jan-31-news-and-notes-from-sen-chandler-worcester-chamber-temescal-wellness-artsworcester/ https://worcester.ma/2018/01/inbox-jan-31-news-and-notes-from-sen-chandler-worcester-chamber-temescal-wellness-artsworcester/#respond Wed, 31 Jan 2018 05:20:31 +0000 https://worcester.ma/?p=224116 Have news you or your group would like to share? Let us know by emailing it to info@worcester.ma. Be sure to include a link to the full release on your site or Facebook page so we can include it and send Sun members your way.]]> https://worcester.ma/2018/01/inbox-jan-31-news-and-notes-from-sen-chandler-worcester-chamber-temescal-wellness-artsworcester/feed/ 0 Mariano: President Trump is right https://worcester.ma/2018/01/mariano-president-trump-is-right/ https://worcester.ma/2018/01/mariano-president-trump-is-right/#comments Sat, 27 Jan 2018 07:42:53 +0000 https://worcester.ma/?p=223145 I do not think that every Trump policy is wrong. Sometimes it is hard to see past his deplorable personal behavior to see the value in a Trump policy. But, even though there are only a few, there are some instances where I think President Trump is right.]]> https://worcester.ma/2018/01/mariano-president-trump-is-right/feed/ 12 Worcester’s low-income renters bear heavy burden https://worcester.ma/2018/01/the-big-picture-worcesters-low-income-renters-bear-heavy-burden/ https://worcester.ma/2018/01/the-big-picture-worcesters-low-income-renters-bear-heavy-burden/#respond Sat, 27 Jan 2018 07:42:05 +0000 https://worcester.ma/?p=223249 When it comes to rent affordability, Worcester as a whole is a fairly ordinary American city. But, also like other American cities, Worcester has some problematic trends in its rental markets.]]> https://worcester.ma/2018/01/the-big-picture-worcesters-low-income-renters-bear-heavy-burden/feed/ 0 Sina-cism: At a minimum, think about the economics of wages https://worcester.ma/2018/01/sina-cism-at-a-minimum-think-about-the-economics-of-wages/ https://worcester.ma/2018/01/sina-cism-at-a-minimum-think-about-the-economics-of-wages/#respond Sat, 27 Jan 2018 07:39:50 +0000 https://worcester.ma/?p=223159 “Would you like an increase in pay? Sure you would. Even minimum-wage workers in Massachusetts earning the state’s $11 per hour rate would likely answer the same way. More money, after all, can’t be bad. Except when it is.”]]> https://worcester.ma/2018/01/sina-cism-at-a-minimum-think-about-the-economics-of-wages/feed/ 0 House advances $1.7B housing bill https://worcester.ma/2018/01/house-advances-1-7b-housing-bill/ https://worcester.ma/2018/01/house-advances-1-7b-housing-bill/#respond Wed, 24 Jan 2018 10:57:22 +0000 https://worcester.ma/?p=222426 Earlier this month, acting Senate President Harriette Chandler vaulted housing into the top tier of priorities in the Senate this session, warning that Massachusetts is at risk of losing its reputation as a national leader unless it addresses its longstanding housing affordability problem.]]> https://worcester.ma/2018/01/house-advances-1-7b-housing-bill/feed/ 0 Top Mass. earners to see $3B in relief from GOP tax bill, MassBudget says https://worcester.ma/2018/01/top-mass-earners-to-see-3b-in-relief-from-gop-tax-bill-massbudget-says/ https://worcester.ma/2018/01/top-mass-earners-to-see-3b-in-relief-from-gop-tax-bill-massbudget-says/#respond Wed, 24 Jan 2018 10:56:10 +0000 https://worcester.ma/?p=222424 The new federal tax law will reduce the taxes paid by the Bay State's top 1 percent of income earners by more than $2.96 billion in 2019, according to the Massachusetts Budget and Policy Center.]]> https://worcester.ma/2018/01/top-mass-earners-to-see-3b-in-relief-from-gop-tax-bill-massbudget-says/feed/ 0 Mariano: Trump’s Medicaid work requirement is only half-baked https://worcester.ma/2018/01/mariano-trumps-medicaid-work-requirement-is-only-half-baked/ https://worcester.ma/2018/01/mariano-trumps-medicaid-work-requirement-is-only-half-baked/#comments Sat, 20 Jan 2018 08:42:52 +0000 https://worcester.ma/?p=221566 “Unfortunately, while the overall idea has considerable merit, in my opinion, the Trump proposal is only half-baked. Rather than a thoughtful program that will accomplish the laudable goal of helping more people get back to work and off of government assistance, this program is thin on program details and lacks the financial wherewithal to make it work.”]]> https://worcester.ma/2018/01/mariano-trumps-medicaid-work-requirement-is-only-half-baked/feed/ 9 Sina-cism: Bitcoin may be as good as gold https://worcester.ma/2018/01/sina-cism-bitcoin-may-be-as-good-as-gold/ https://worcester.ma/2018/01/sina-cism-bitcoin-may-be-as-good-as-gold/#respond Sat, 20 Jan 2018 08:39:06 +0000 https://worcester.ma/?p=221558 “To critics who say that Bitcoin is speculation in something whose ‘real value’ is less than tangible, I ask, ‘Isn’t cash much the same thing?’ ”]]> https://worcester.ma/2018/01/sina-cism-bitcoin-may-be-as-good-as-gold/feed/ 0 The Quad [Jan. 20-27]: Four things to know from WPI, QCC, Clark and Holy Cross https://worcester.ma/2018/01/the-quad-jan-20-27-four-things-to-know-from-wpi-qcc-clark-and-holy-cross/ https://worcester.ma/2018/01/the-quad-jan-20-27-four-things-to-know-from-wpi-qcc-clark-and-holy-cross/#respond Sat, 20 Jan 2018 08:38:41 +0000 https://worcester.ma/?p=221523 Have campus news you or your college or university organization would like to share? Let us know by emailing it to info@worcester.ma. Be sure to send a link to the full release on your site or Facebook page so we can include it and point Sun members your way.]]> https://worcester.ma/2018/01/the-quad-jan-20-27-four-things-to-know-from-wpi-qcc-clark-and-holy-cross/feed/ 0 The Balancing Act: The disconnect https://worcester.ma/2018/01/the-balancing-act-the-disconnect/ https://worcester.ma/2018/01/the-balancing-act-the-disconnect/#respond Sat, 20 Jan 2018 08:37:46 +0000 https://worcester.ma/?p=221573 “Social movements are the case studies most entrepreneurs are not reading. While their eyes are rampantly skimming through business books in search of the Golden Rule of success, they have overlooked the possibilities made through social movements and have failed to adopt some of their practices.”]]> https://worcester.ma/2018/01/the-balancing-act-the-disconnect/feed/ 0 Inbox [Jan. 20-27]: News and notes from WCAC, St. Peter-Marian, Primetals, Worcester Roots Project + more https://worcester.ma/2018/01/inbox-jan-20-27-news-and-notes-from-wcac-st-peter-marian-primetals-worcester-roots-project-more/ https://worcester.ma/2018/01/inbox-jan-20-27-news-and-notes-from-wcac-st-peter-marian-primetals-worcester-roots-project-more/#respond Sat, 20 Jan 2018 08:37:19 +0000 https://worcester.ma/?p=221516 Have news you or your group would like to share? Let us know by emailing it to info@worcester.ma. Be sure to include a link to the full release on your site or Facebook page so we can include it and send Sun members your way.]]> https://worcester.ma/2018/01/inbox-jan-20-27-news-and-notes-from-wcac-st-peter-marian-primetals-worcester-roots-project-more/feed/ 0 Fed threats could be boon to early, steadfast Mass. pot investors https://worcester.ma/2018/01/fed-threats-could-be-boon-to-early-steadfast-mass-pot-investors/ https://worcester.ma/2018/01/fed-threats-could-be-boon-to-early-steadfast-mass-pot-investors/#respond Wed, 17 Jan 2018 07:34:07 +0000 https://worcester.ma/?p=221037 "There's a different calculation in terms of what the risks are, no question. But there's also a different calculation in terms of what the returns are because fewer people potentially will enter the business, therefore the potential returns are greater," Steven Hoffman, chairman of the Cannabis Control Commission, recently told WGBH's "Greater Boston."]]> https://worcester.ma/2018/01/fed-threats-could-be-boon-to-early-steadfast-mass-pot-investors/feed/ 0 Markey, Senate Dems move to set new net neutrality vote https://worcester.ma/2018/01/markey-senate-dems-move-to-set-new-net-neutrality-vote/ https://worcester.ma/2018/01/markey-senate-dems-move-to-set-new-net-neutrality-vote/#respond Wed, 17 Jan 2018 07:33:04 +0000 https://worcester.ma/?p=221039 The Massachusetts legislator announced that all 49 Senate Democrats have pledged to support his resolution of disapproval and said he will file his resolution once the FCC's new rule is officially posted in the federal register, then force a vote on reversing the rule within 60 legislative days.]]> https://worcester.ma/2018/01/markey-senate-dems-move-to-set-new-net-neutrality-vote/feed/ 0 Blockchain, not Bitcoin, is the future of cryptocurrency https://worcester.ma/2018/01/the-big-picture-blockchain-not-bitcoin-is-the-future-of-cryptocurrency/ https://worcester.ma/2018/01/the-big-picture-blockchain-not-bitcoin-is-the-future-of-cryptocurrency/#comments Sat, 13 Jan 2018 05:21:36 +0000 https://worcester.ma/?p=220030 Until recently, Bitcoin controlled 85 percent of the total cryptocurrency market value, or market cap. The other 15 percent was split between more than 680 competitors. But as Bitcoin’s price began to take off, competitors like Ethereum and Ripple XRP grew faster.]]> https://worcester.ma/2018/01/the-big-picture-blockchain-not-bitcoin-is-the-future-of-cryptocurrency/feed/ 2 Reliant announces details of Worcester move https://worcester.ma/2018/01/reliant-announces-details-of-worcester-move/ https://worcester.ma/2018/01/reliant-announces-details-of-worcester-move/#respond Sat, 13 Jan 2018 05:21:13 +0000 https://worcester.ma/?p=220025 Reliant Medical purchased the building at 5 Neponset St. for $10.25 million as part of a corporate strategy to move away from leased space.]]> https://worcester.ma/2018/01/reliant-announces-details-of-worcester-move/feed/ 0 Sun Spots with Hitch [Vol. 232]: On Rhode Island’s WooSox curveball https://worcester.ma/2018/01/sun-spots-with-hitch-vol-232-on-rhode-islands-woosox-curveball/ https://worcester.ma/2018/01/sun-spots-with-hitch-vol-232-on-rhode-islands-woosox-curveball/#respond Sat, 13 Jan 2018 05:20:48 +0000 https://worcester.ma/?p=220003 For a while it seemed most folks in the Ocean State wanted the Pawtucket Red Sox to move to Worcester as much as anyone in the City of Seven Hills this side of Jake the Lion and the Creedon family.]]> https://worcester.ma/2018/01/sun-spots-with-hitch-vol-232-on-rhode-islands-woosox-curveball/feed/ 0 Climbing business confidence hits 17-year index peak https://worcester.ma/2018/01/climbing-business-confidence-hits-17-year-index-peak/ https://worcester.ma/2018/01/climbing-business-confidence-hits-17-year-index-peak/#respond Wed, 10 Jan 2018 08:04:51 +0000 https://worcester.ma/?p=218893 https://worcester.ma/2018/01/climbing-business-confidence-hits-17-year-index-peak/feed/ 0 Worcester’s wage winners https://worcester.ma/2018/01/the-big-picture-worcesters-wage-winners/ https://worcester.ma/2018/01/the-big-picture-worcesters-wage-winners/#respond Sat, 06 Jan 2018 06:01:51 +0000 https://worcester.ma/?p=217009 While the finance industry has seen more wage growth than most, postsecondary education requirements for jobs is not a finance-only phenomenon. Eighty-eight percent of the 6 million new jobs the U.S. economy created between 2007 and 2016 required a bachelor’s degree or higher.]]> https://worcester.ma/2018/01/the-big-picture-worcesters-wage-winners/feed/ 0