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Downtown Boston

Governor Baker Signs To Delay Paid Family & Medical Leave

With just a few weeks before Masschusetts State Family and Medical Leave contributions were to begin being taken out, Governor Charlie Baker has signed off on a delay for the contributions. Due to problems already occuring, the payroll tax will be delayed from being taken out until October 1, 2019.

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Money Being Borrowed

U.S. Small Businesses Receiving Lending from Alternative Sources

Small and medium-sized businesses are looking to receive their lending from alternative sources. According to the Q2 Private Captial Access Index (PCA Index), small and medium sized business owners looking to gain loans from traditional banks declined from 49 percent last quarter to 41 percent this quarter.

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Smiling Female Business Owner

Small Business Optimism on the Rise

According to the latest numbers from the National Federation of Independent Business, the small-business optimism index had risen to 105.0 in May when economists had only predicated to reach a 102.0 reading. Also 62 percent ( a 0.5 increase from April) of small businesses were hiring or trying to hire for May.

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