Economy

Arcade Snacks of Auburn, MA is recalling its 15 ounce packages of Candy Corn because they may contain undeclared egg. People who have allergies to egg run the risk of serious or life-threatening allergic reaction if they consume these products. Just another good reason to never eat candy corn! Candy …

“Remember your never too old for a Happy Meal” was what McDonald’s tweeted out a couple of days ago on Twitter. Now their making it a reality for millions of adults who might craving the nostalgia of their childhood. To be fair there are still PLENTY of grown-ups purchasing happy …

Colin A. Young State House News Service It is still technically summer, but Massachusetts energy officials are putting residents on notice now that the cost of heating their homes and keeping the lights on is likely to skyrocket this winter as the price of natural gas soars. About half of …

Colin A. Young State House News Service Many potential homebuyers are sidelined as rising interest rates make it more expensive to borrow money and the inventory of homes for sale shrinks further, leading real estate market analysts to forecast a continued decline in sales through the end of the year. …

As the state of MA reaps another cash windfall will the taxpayers finally see a refund? The Department of Revenue collected more than $2.6 billion in taxes last month, an increase of $108 million or 4.3 percent over actual collections in August 2021 as fiscal year 2023 continued its strong …

Governor Charlie Baker today is filing a final Fiscal Year 2022 (FY22) supplemental budget that proposes investments in transportation, health and human services, school safety and other fiscal year closeout needs. The proposal includes approximately $1.622 billion gross / $840 million net spending and is supported by an FY22 state …

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Following the Department of Revenue’s release of June 2022 collections earlier today, the Executive Office for Administration and Finance announced that the Commonwealth will end Fiscal Year 2022 (FY22) with a $1.9 billion surplus, according to preliminary figures. This surplus accounts for $3 billion in automatic tax refunds required under …

Governor Charlie Baker today signed the Fiscal Year 2023 (FY23) budget, a $52.7 billion spending plan that supports the Commonwealth’s communities, families, businesses, and workers. The budget fully funds the continued implementation of the Student Opportunity Act, while expanding proven programs and making record investments in early education and childcare, …

By Colin A. Young State House News Service For the first time, the median single-family home price in Massachusetts exceeded the $600,000 mark last month and one housing market analyst says prices might not have hit their apex just yet. The median sale price registered at $610,000 in June, The …