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Business confidence in Massachusetts falls despite signals of interest rate relief, index shows

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Business confidence in Massachusetts falls despite signals of interest rate relief, index shows


Business confidence slipped toward pessimism last month, with employers concerned about sticky inflation and the Federal Reserve’s plans for rate cuts amid rising unemployment numbers, according to the Associated Industries of Massachusetts.

Confidence among the state’s employers slipped from 52 points in July to 51 points in August, down 1.4 points from the same period last year and “marginally optimistic but cautious,” AIM said in their latest Business Confidence Index report.

Sara Johnson, Chair of the AIM Board of Economic Advisors, said “the good news is that 12-month inflation, measured by the personal consumption deflator, held steady in July and consumer spending was robust.”

“At the same time, employers in Massachusetts and across the country have turned more cautious amid concerns about the slowing economy and federal tax, spending, and regulatory policies after the November elections,” she said.

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Survey authors note the news comes as inflation remains high but lower than it’s been in years, while the labor market continues to cool. This could be a sign the Fed will follow through with plans announced by Chairman Jerome Powell to move forward with rate cuts.

“Inflation remained steady at 2.5 percent in July, paving the way for the Federal Reserve to reduce interest rates later this month. The labor market, meanwhile, continued to cool, driving the Massachusetts unemployment rate to its highest level in four years at 4.6 percent,” AIM wrote.

Just last month, Powell signaled that the time has come for the central bank to ease up on the gas.

“The time has come for policy to adjust,” Powell said in his keynote speech at the Fed’s annual economic conference in Jackson Hole, Wyoming. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”

AIM’s business confidence index showed pessimistic feelings in July, when it fell to 49.8 points, and in September of 2023, when it was again at 49.8 points. Employers have otherwise been generally optimistic about the state of the economy in Massachusetts through the last year.

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That’s not to say there aren’t pain points, according to Suzanne Dwyer, President of the Massachusetts Capital Resource Company and a member of AIM’s board of economic advisors. An employer’s feelings at the moment are entirely reflective of their industry, she said.

“The shifts in the economy appear to be segmenting business confidence by industry, geography and company size. Confidence among manufacturers, for example, continues to be weaker than the overall outlook, and layoffs in the technology sector have eroded confidence in that area as well,” Dwyer said.

AIM surveys more than 140 Bay State businesses to produce their monthly index, the first of which was published in July of 1991. According to AIM, business confidence hit historic highs in 1997 and 1998, with two months in either year showing 68.5% confidence, and hit a low in February of 2009, when it was 33.3%.

Herald wire services contributed to this report.

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Commentary: Massachusetts needs a journalist shield law

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Commentary: Massachusetts needs a journalist shield law


When a government whistleblower risks a career to expose corruption to a journalist, the first question is always the same: Will my name be kept out of it?

The same is true when a hospital employee reveals a cover-up, when a church insider exposes abuse, or when a corporate source provides evidence that a company has concealed the dangers of its products.

In 41 states and the District of Columbia, a journalist can answer that question with the weight of law behind the promise. In Massachusetts, a journalist cannot.

That is unacceptable for a commonwealth that calls itself the cradle of American liberty and a birthplace of the free press.

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And it is also dangerous, especially now, at a moment when journalists face escalating hostility, when federal officials openly threaten and demean the press, and when the legal protections that make independent journalism possible are under assault from multiple directions.

Two bills pending on Beacon Hill would remedy that. House Bill 4638 and Senate Bill 1253, both titled “An Act Relative to the Free Flow of Information,” would establish a statutory reporter’s privilege in Massachusetts, protecting journalists from being compelled to disclose confidential sources or unpublished information except in narrowly defined circumstances involving national security, imminent violence or a defendant’s constitutional right to a fair trial.

Last fall, both the House and Senate members of the Joint Committee on the Judiciary gave these bills a favorable report — marking the first time a shield law bill has ever cleared committee in Massachusetts. Since then, however, the bills have languished. Now, their fate is down to the wire.

The clock is ticking. The formal legislative session ends July 31. If both chambers do not bring these bills to a floor vote by then, the legislation dies, and the entire effort has to start over in the next session.

We urge House Speaker Ronald Mariano, Senate President Karen Spilka, and the leadership of both chambers to ensure that a shield law goes to a vote before time runs out.

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The need is more urgent than ever. Just last week, the U.S. Supreme Court declined to intervene in the case of Catherine Herridge, a veteran investigative reporter facing daily fines of $800 for refusing to reveal a confidential source. Herridge’s case arose in federal court, where no shield law applies.

But Massachusetts journalists face a similar vulnerability in state court, where judges apply a discretionary balancing test that has produced inconsistent and unjust outcomes. In the Ayash v. Dana-Farber Cancer Institute case, a reporter and his newspaper were held in contempt for refusing to identify a confidential source — even though the underlying claims were ultimately dismissed.

In Commonwealth v. Karen Read, the trial court reversed its own ruling on a reporter’s claim of privilege, underscoring the current standard’s unpredictability.

This legal uncertainty has real-world consequences.

Sources with information the public should know — about government misconduct, about institutional abuse, about threats to public health and safety — are reluctant to come forward.

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Reporters at small and local newspapers, the very outlets that cover city halls and school committees and police departments, face the prospect of costly court battles they cannot afford every time a subpoena lands on an editor’s desk.

A statutory shield law would replace that uncertainty with clearly defined protections, replacing individual judges’ unguided discretion with an unambiguous legal standard on which everyone could rely. The commonwealth’s outlier status grows more conspicuous each year.

In March 2025, Idaho became the latest state to enact a shield law, with its Republican-led legislature approving the law unanimously. There is no reason for Massachusetts not to follow suit.

This legislation carries no fiscal cost. It has no formal opposition. It has the support of every major news and press organization in the state, as well as of the ACLU of Massachusetts and Common Cause. What it needs now is a vote. The people of Massachusetts deserve the same protections for a free and vigorous press that citizens in the vast majority of states already enjoy. The Legislature has just weeks to act. It should not let this historic opportunity slip away.

Robert J. Ambrogi is the executive director of the Massachusetts Newspaper Publishers Association.

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Man arrested after injuring Massachusetts State trooper, K-9 in wrong-way crash in Chicopee

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Man arrested after injuring Massachusetts State trooper, K-9 in wrong-way crash in Chicopee



A man has been arrested after injuring a Massachusetts State trooper and a K-9 in a wrong-way crash in Chicopee Saturday morning.

It happened around 4 a.m. on Interstate-91. State Police said they received a report that someone was driving very fast heading south on the north side of I-91. Officers began a “rolling roadblock” in the area “with emergency lights activated, in an effort to safely stop the vehicle and protect other motorists.” 

The driver swerved and struck the rear driver’s side of a K-9 cruiser. He then hit another car head-on, according to state police. 

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The trooper and his K-9 were taken to nearby hospitals with non-life-threatening injuries. The driver of the car that was hit head-on also suffered non-life-threatening injuries and was treated at a hospital.

“I want to commend the bravery and quick actions of our Troopers, whose efforts to stop this wrong-way driver likely prevented further injuries and potentially saved lives,” State Police Colonel Geoffrey Noble said in a statement. “These incidents demonstrate the risks our Troopers and all of law enforcement face every day on our roadways. The Massachusetts State Police remain committed to enforcing impaired driving laws and holding accountable those whose dangerous decisions put lives at risk.”

The driver, identified as 28-year-old Jose Santiago from Holyoke, Masaschusetts had minor injuries. He has been charged with operating under the influence of alcohol, negligent operation of a motor vehicle and other charges. 

Chicopee, Massachusetts, is around five miles from Springfield and 90 miles from Boston. 

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Officials ID man and woman killed in Route 6 crash in Dartmouth

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Officials ID man and woman killed in Route 6 crash in Dartmouth


An Acushnet man and a New Bedford woman are dead, and two others are injured after a crash in Dartmouth, Massachusetts, that left Route 6 completely impassable for a period of time Friday evening.

Police from Dartmouth and Westport responded just after 7:30 p.m. to 911 calls about a crash on Route 6 near the Dartmouth/Westport line, and arrived to find two vehicles were involved, the Bristol County District Attorney’s Office said.

A blue Toyota Camry sustained catastrophic damage in the collision, officials said. The male driver, identified as 34-year-old Tristan Bedient, and his female passenger, 51-year-old Kate Aldrich, were taken to a local hospital where they were pronounced dead shortly after.

Two people in the SAAB suffered non-life-threatening injuries, officials added.

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Route 6 was closed westbound at Route 177 and eastbound at Highland Avenue. Police warned drivers to avoid the area, seek alternate routes, and expect significant traffic delays.

The cause of the crash is under investigation by Dartmouth police, Westport police and Massachusetts State Police assigned to the district attorney’s office. Further information was not immediately available.



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