economy

Westminster Dodge fights to overturn death sentence

Joe Lawlor has sold thousands of cars in his six years as sales manager at Morrissey Boulevard’s Westminster Dodge. The Bickford family — which has operated the Chrysler dealership since the 1960s — has sold many times that.

This week, though, they are pitching a different kind of sale, one that even they admit has long odds of finding the right buyer.  Read more

Summer jobs stimulus may not meet rise in demand

For the first time in close to 10 years the federal government is kicking in money for summer jobs for young people. More than $2 million is expected for Boston's program alone from the American Recovery and Reinvestment Act, out of $25 million set to flow through the state.  Read more

What the federal stimulus means for Boston

I have always said that partnership is one of the most effective tools that we as leaders can use to achieve progress on almost any front. In difficult circumstances, bringing people together to work toward a common goal becomes even more important. As government leaders across the country grapple with the question of how best to overcome the financial crisis, it's reassuring to know that we have a leader in President Obama who understands the value of partnership when it comes to problem solving.  Read more

Unity, not partisanship, needed to overcome recession

In his speech this week before Congress, President Obama described a pathway to emerging from our current economic woes. In his first weeks in office, the president has systematically engaged in the business of governing &endash; making proposals, seeking bipartisan counsel, and acknowledging that all Americans feel the negative effects of this current malaise.  Read more

Activists 'break up' with bank

Tenant activists took to the streets Saturday in front of the Bank of America's Fields Corner branch: The group was protesting the bank's evictions of tenants in foreclosed properties. Photo by Chris Lovett.Tenant activists took to the streets Saturday in front of the Bank of America's Fields Corner branch: The group was protesting the bank's evictions of tenants in foreclosed properties. Photo by Chris Lovett.

Federally-backed mortgage giants Fannie Mae and Freddie Mac recently ended evictions of rent-paying tenants in foreclosed properties in response to the current economic crisis. Corporate lenders like Bank of America have held out, however, prompting a coalition of activists to take the battle to the streets.  Read more

Projects could get fast-tracked

The patiently waiting Peabody Square and Dorchester Avenue improvement projects could be bumped to the front of the line with the help of President Obama's proposed nearly $1 trillion economic recovery package.

Mayor Tom Menino announced the formation of a city Economic Recovery Team last week, created to lobby for and distribute federal dollars once the bill is signed. Currently under debate in Congress, the stimulus package is expected to reach the president by mid-February.  Read more

Taxed by demand, many food pantries are looking to innovate

Volunteers work to pack supplies at the Greater Boston Food BankVolunteers work to pack supplies at the Greater Boston Food Bank  Read more