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Banking & Finance

Economic risks on horizon, Boston Fed economist says

Grant Welker |

A senior policy advisor at the Federal Reserve Bank of Boston said Thursday economic risks sit on the horizon.

bankHometown's sister company merges with Abington Bank

The parent company of Oxford-based bankHometown has merged a subsidiary with Abington Bank.

Worcester area economy grew 3.2% last year

The Worcester area's economy grew 3.2 percent last year, its highest annual rate since the 1990s on the strength of a low unemployment rate.

Reliant Foundation had to stand on its own quickly

When international healthcare company Optum bought Reliant Medical Group for $28 million on March 31, the Worcester physician group's foundation was spun out as an independent entity.

Someone who owes you money files for bankruptcy. Now what?

MARK W. POWERS |

You have just learned that your counterparty has filed for bankruptcy. Be aware that deadlines in bankruptcy move quickly, and creditors who sit on their rights may lose them.

GFA first in Mass. to offer marijuana banking services

Grant Welker |

GFA is the first to serve the state's recreational marijuana industry, putting the institution at the forefront of a market with tens of millions in sales.

Biz confidence dims amidst market volatility, gov't shutdown

State House News Service |

Confidence levels among Massachusetts employers hit a two-year low in December.

Best of Business: Handling your money

Where should you look for financial help? These eight Central Massachusetts companies are a start.

Worcester’s bank CEO

Last year, Country Bank CEO Paul Scully moved out of his Sturbridge home for the new 145 Front St. apartments in Worcester, where his bank has 30 percent of its commerical loan portfolio.

Economic slowdown: Housing prices are nearing their peak while interest rates kick up

Grant Welker |

A cooling stock market may signal an economic slowdown ahead, which would affect home prices.

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