Massachusetts Real Estate & Financial News | Banker & Tradesman
WEBBy Sam Minton | Banker & Tradesman Staff | Sep 8, 2024 | Reprints | Unlock Link. While home prices continue to rise, first-time buyers are finding that more pressure is being put on their pocketbooks even though incomes rose region-wide during the pandemic. Catch up on award-winning news and insights for the Massachusetts banking, commercial ...
Will the Fed Cut Rates Enough to Secure a Soft Landing?
WEB1 day ago · After the Fed begins cutting rates on Wednesday, Mardis envisions brighter times ahead. Typically, a succession of Fed rate cuts leads over time to lower borrowing costs for things like mortgages, auto loans, credit cards and business loans. “I’m 100 percent sure it would make a difference,” Mardis said. “I’m looking forward to it.”.
With Deficits Looming at the T, No Talk of Spending Cuts
WEB1 day ago · MBTA officials are forecasting a nearly $700 million deficit in fiscal 2026, which begins next July. They also say the T will run short of cash to pay its bills some time between July and September next year. The gloomy projections come as the agency’s spending continues to grow. MBTA expenses totaled $2.322 billion in fiscal 2023, with ...
Digital Edition - Banker & Tradesman
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Amazon Tells Workers to Return to the Office Five Days a Week
WEB8 hours ago · The company decided that bringing employees back into Amazon offices five days a week instead of the three currently required was a way to address that issue, the CEO said. “When we look back over the last five years, we continue to believe that the advantages of being together in the office are significant,” Jassy wrote in …
This Week's Paper - Banker & Tradesman
WEBBy Matt Connolly, Matt Snell, Sarah Turano- Flores and Joe Jannetty | Special to Banker & Tradesman | Sep 1, 2024 | Reprints | Unlock Link. The U.S. Supreme Court ended its 2023-2024 term by upending a bedrock of federal agencies’ regulations.
BT This Week's Paper Archives - Banker & Tradesman
WEBWhy Boston’s New Climate Office is a Big Deal. by Banker & Tradesman | Aug 25, 2024. The office will have the responsibility and accountability for implementing resiliency plans centralized in one office, explicitly committed to rapid, effective and equitable action
Opinion - Banker & Tradesman
WEBGuest Columns and Op-Eds. From high officials to lone operators, read a diverse cross section of perspectives on the issues facing the Massachusetts real estate and banking industries today. Pitches for op-eds and special section guest columns should be directed to managing editor James Sanna at [email protected].
Wu Still Hopeful for Tax Plan - Banker & Tradesman
WEB6 days ago · Boston Mayor Wu is holding out hope that she can get Senate President Karen Spilka to come around to her proposal to temporarily increase the tax rate for Boston’s commercial property owners. A month after her comments on GBH News’ “Boston Public Radio” program triggered , Wu returned to the show so say she was “eager to continue ...
Residential Real Estate News - Banker & Tradesman
WEB2 days ago · by James Sanna | Sep 4, 2024. The local real estate markets may be a lot less busy now than a few years ago, but that didn’t mean this summer was a snooze-fest of real estate news. Here’s a rundown on the six biggest stories you might have missed between vacations and the interminable wait for the Fed to start cutting interest rates.