Economy

Hanscom Civilian Workers Face Forced Furlough

February 27, 2013

Roughly 2,000 civilian workers at Hanscom Air Force Base in Lincoln can expect to lose a day’s work each week if the sequester happens.

Boston-Area Colleges Already Struggling With Sequester

February 27, 2013
Harvard post-doctoral researcher Sam Kesner has applied for an NIH grant that could get cut as part of the sequestration process. (Curt Nickisch/WBUR)

BOSTON — The sequester threat is sending a message to colleges that, now or later, federal dollars for higher education are bound to fall.

Mass. Single-Family Home Sales Jump In January

February 26, 2013

WALTHAM, Mass. — The median price of a single-family home also rose last month.

Mass. Agencies Weigh Sequester’s Expected Impact

February 26, 2013

BOSTON — The looming federal budget cuts go into effect Friday, if Congress does not act.

Mass. Defense Companies Brace For Federal Budget Cuts

February 26, 2013
“We’re prepared to take some cut,” said Chris Marzilli, president of Massachusetts-based General Dynamics C4 Systems, referring to automatic federal spending cuts set to take effect Friday. (Courtesy General Dynamics)

BOSTON — Estimates vary on how many defense jobs would be lost in Massachusetts if the sequester happens.

White House: Mass. Education, Military Funding At Risk From U.S. Budget Cuts

February 25, 2013
(Chris Devers/Flickr)

BOSTON — The White House says Massachusetts could lose tens of millions of dollars for education, environmental protection and child care if automatic federal budget cuts take effect as scheduled.

Governors: Looming Cuts Threaten Economic Gains

February 23, 2013

WASHINGTON — Both Democrats and Republicans expressed pessimism that both sides could find a way to avoid the massive, automatic spending cuts set to begin March 1.

Administration Warns Of Budget Cuts’ Impact

February 22, 2013

WASHINGTON — The Obama administration is painting a dire portrait of the many ways the public will feel the effects of automatic federal spending cuts due to begin March 1.

Possible National Park Cuts Detailed In Memo

February 22, 2013
The Province Lands Visitor Center at the Cape Cod National Seashore is among the National Park Service properties in danger from federal budget cuts. (David Rosen/Flickr)

SACRAMENTO, Calif. — Just as the spring vacation season begins, the national park system is bracing for a possible hit from federal spending cuts.

With Mass. Teen Employment Rate Way Down, Young People Push For Funding

February 21, 2013

BOSTON — Organizers of a State House rally say the state’s teen summer employment rate fell from an average of 54 percent in 2000 to 27 percent last year.

How Federal Spending Cuts Would Affect Mass., Region

February 19, 2013

BOSTON — Defense contractors, research hospitals and social services providers are among those in the region sounding the alarm over the looming cuts.

Sen. Warren Decries Potential Research Funding Cuts

February 18, 2013

BOSTON — U.S. Sen. Elizabeth Warren warned that Massachusetts stands to lose thousands of jobs and millions of dollars in federal funds if Congress allows deep spending cuts to go into effect.

Fishing’s Decline Looms; Will Fish Eaters Notice?

February 18, 2013
Ron Gilson, a 79-year-old life Gloucester native, walks along the fish pier in Gloucester, Mass. (Charles Krupa/AP)

GLOUCESTER, Mass. — In May, New England’s fishermen will again see a cut to the number of fish they can catch, this time so deeply that the historic industry’s existence is threatened.

Mass. Gets HUD Funding To Help Disabled Tenants

February 18, 2013

BOSTON — The state is receiving $5.3 million from the federal government to help disabled, low-income people avoid becoming homeless or confined to institutions.

UMass Lowell Hopes To Grow Robotics Industry With Testing Facility

February 12, 2013

LOWELL, Mass. — New England’s first robot testing facility opens at UMass Lowell Tuesday. Supporters hope it will help the robotics industry grow in the state.

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