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US jobs report for May could point to slower hiring as Fed rate hikes cool demand for workers

America’s surprisingly resilient job market may have delivered yet another month of solid hiring and pay gains in May, if economists’ forecasts prove to be correct.

Senate gives final approval to debt ceiling deal, sending it to Biden
Approval in the Senate on a bipartisan vote, 63-36, reflected the overwhelming House tally the day before, relying on centrists in both parties to pull the Biden-McCarthy package to passage.

Meta tests blocking news content on Instagram, Facebook for some Canadians
Meta is preparing to block news for some Canadians on Facebook and Instagram in a temporary test that is expected to last through the end of June.

Never mind about that Wegmans at the Natick Mall
The beloved grocery chain cited the "non-traditional location" as the reason behind the closure, which will happen later this summer.

Introducing the top New England CEOs, venture capitalists, and founders of 2023
Our second annual list spotlights leaders who have kept the region's technology scene vibrant in a challenging climate, telling a story about where the industry stands, where it’s been, and where it’s going.

The Boston tech sector’s defining characteristic in 2023? Resilience.

These entrepreneurs represent what distinguishes the city's tech industry — perseverance, determination, and confidence to take the long view.

Climate change is a major problem. These Boston leaders have solutions.

From fusion power to solid-state batteries to a more eco-friendly steelmaking process, local tech companies are driving sustainable innovation.

By the numbers: A look at jobs, hiring, diversity, and funding in Mass. tech

The tech industry plays an outsized role in the region's economy, from the flow of venture capital to where workers get their paychecks.

No. 1: These restaurant-focused entrepreneurs are the Toast of tech

Steve Fredette, Aman Narang, and Jonathan Grimm have built technology to help eateries in Boston and beyond.

More from tech power players

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Three years after the Top of the Hub closed, View Boston takes its place

Finally, a promising new class of drugs is making its way to Alzheimer’s patients

Lessons in modern-day rent control, 3,000 miles from Boston

Boston thrives off the dreams of young people. But can they make it here?

Baby boomers and Gen Xers benefited from economic conditions that do not exist for millennials. And by many measures, the path ahead for Gen Z is even more fraught.
Tell us: How have things changed in Boston since you were in your early 20s?

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Announcing the new business newsletter from columnist Larry Edelman
ON THE STREET

Framingham is reinventing itself. Again.
The On the Street series looks at the past, present, and future of neighborhoods in Greater Boston.

Watch the videoFramingham’s public schools offer a pipeline for inclusionExplore the full series
BOLD TYPES

With SparkCharge, Josh Aviv is providing electric vehicle charging on-demand
Globe reporter Janelle Nanos sits down with leaders in the city’s business community to talk career paths, accomplishments, and visions for Boston’s future.

Watch the videoExplore the full series

See the Tech Unicorn Tracker

The Boston Globe's tech unicorn tracker lists startups headquartered in Massachusetts that have a valuation of at least $500 million.

More business headlines

Nasty surprise: State learns it erred by using $2.5 billion in federal money to pay jobless claims

A pivotal question is whether employers, who pay into the state unemployment trust fund to cover jobless benefits, will have to bear some of the cost of the mistake.

TALKING POINTS

Chamber hands out its annual awards

Stories you may have missed from the world of business.

Journalists at the country’s largest newspaper chain will walk off the job

Hundreds of staffers for 24 Gannett newspapers say they will not report to work for a day or two starting on Monday to call attention to budget cuts and put pressure on shareholders.

Mayor Michelle Wu signs new construction safety rules

The new rules will require construction and demolition projects to file detailed safety plans and will beef up enforcement by city inspectors.

shirley leung

Are bus-only lanes on Summer Street a way to ease Seaport traffic congestion?

A stalled plan is back in play, but not everyone thinks it’s a smart idea.

Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns

The alert comes several weeks after the failure of three banks that experienced runs after fearful customers with uninsured deposits pulled their money en masse.

Supreme Court rules against union in labor dispute involving truck drivers and wet concrete

The decision united liberal and conservative justices in labor's latest loss at the high court.

Amazon to pay $31 million in privacy violation penalties for Alexa voice assistant and Ring camera

Amazon said it disagreed with the FTC’s claims on both Alexa and Ring and denied violating the law, but said the settlements “put these matters behind us.”