Job Report Shows Increase in Mass. Employment

HYANNIS – The state’s Executive Office of Labor and Workforce Development has released the unemployment and job estimates for January, with … [Read more...]

2023 US Recession Now Expected to Start Later Than Predicted

WASHINGTON (AP) - A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, … [Read more...]

Report Highlights Local Service Providers’ Impact on Cape Economy

HYANNIS - A new report from small business advocacy group Love Live Local is drawing attention to Cape Cod's service providers and the impact they … [Read more...]

US Revises Down Last Quarter’s Economic Growth to 2.7% Rate

WASHINGTON (AP) - The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and … [Read more...]

US Inflation Likely Eased Again Last Month If More Gradually

WASHINGTON (AP) - U.S. inflation likely slowed again last month in the latest sign that consumer price increases are becoming less of a burden on … [Read more...]

Local Business Boost Program Celebrates Launch Successes

HYANNIS - The Local Business Boost Program has wrapped up its first round of assisting Hyannis Main Street retailers, restaurants and services make … [Read more...]

US Economy Slowed But Still Grew at 2.9% Rate Last Quarter

WASHINGTON (AP) - The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of … [Read more...]

Can US Avoid a Recession? As Inflation Eases, Optimism Rises

WASHINGTON (AP) - For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending … [Read more...]

US Jobless Claim Applications Fall to Lowest in 14 Weeks

WASHINGTON (AP) - The number of Americans applying for jobless benefits fell to the lowest level in more than three months, reflecting a still-robust … [Read more...]

Holiday Sales Up 7.6% Despite the Squeeze of Inflation

NEW YORK (AP) - Holiday sales rose as American spending remained resilient during the critical shopping season despite surging prices on everything … [Read more...]
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