Economy

The following statement was released by the New Bedford Census Committee: The count for the 2020 Census is underway and it’s critical that everyone in New Bedford participates. By responding to the census, we ensure that the city has the funds we deserve to support our schools, improve our roads …

Chris Lisinski State House News Service Landlords who are unable to remove non-paying tenants due to a statewide moratorium on evictions and foreclosures face “potentially devastating” economic harm, an attorney argued in Suffolk Superior Court Thursday. A lawyer representing landlords squared off with attorneys for Massachusetts and a range of …

If you are a fan of Dunkin’s your favorite location may be affected by recent news. The quintessential New England coffee destination Dunkin’ announced they will be closing 800 locations – approximately 8% of their stores – throughout the U.S. In addition, the company stated that closures may be extended …

Chris Lisinski State House News Service The University of Massachusetts system, the third-largest employer in the state, will cut about 6 percent of its full-time equivalent workforce and furlough thousands as part of its efforts to close a $264 million budget gap ripped open by the COVID-19 pandemic. Nearly three …

Mayor Jon Mitchell presented his Fiscal Year 2021 City Budget before the New Bedford City Council on Wednesday, July 15, 2020, via virtual meeting due to the ongoing COVID-19 pandemic. In his accompanying letter to the Council presenting the $365 million general fund budget, Mayor Mitchell wrote: “The situation facing …

St. Anne’s Credit Union, a single source for financial services, financing options and resources for individuals and businesses, announced that they have assisted Stephen Silverstein, owner of The Black Whale, co-owner of Cisco New Bedford, founder of Not Your Average Joe’s and owner of Joe’s Original in Dartmouth, in obtaining …

The Baker-Polito Administration today announced that on July 6th, Phase III of the Commonwealth’s reopening plan will begin and updates on gatherings will be in effect. For the City of Boston, Phase III and the gatherings order will take effect on Monday, July 13th. The Department of Public Health (DPH) …

Chris Lisinski State House News Service After facing significant pushback from elected officials, the National Oceanic and Atmospheric Administration abruptly reversed course Tuesday and announced it will not resume sending observers out to sea on fishing vessels until at least August. NOAA had been planning to revive at-sea monitoring in …

Katie Lannan State House News Service Combating the “thousands and thousands of attempts to steal money from the Unemployment Trust Fund” through fraudulent claims has been an “enormously difficult issue,” Gov. Charlie Baker said Thursday. The Executive Office of Labor and Workforce Development in late May warned of a “national …

According to New Bedford’s Cheif Financial Officer Ari Sky, the City of New Bedford has incurred $1.5 million in COVID-19 expenses through June 5, 2020. In his note to City Councilor Linda Morad, he stated the cost has risen to $150,000 a week and expects the costs to be around …