Both CT legislators and federal lawmakers are discussing minimum wage increases. CT's Reps. Esty and DeLauro are cosponsors of the national Fair Minimum Wage Act of 2013, which would raise the federal minimum wage to $10.10 over the next three years. After that, the amount of the minimum wage would rise if the cost of living increased.
The current federal minimum wage is $7.25 an hour. According to the bill's sponsors, over 21 million workers across the country would see their wages rise if this legislation passes.
SB 387 is the minimum wage legislation that was recently approved by the CT's Legislative Labor Committee. CT's minimum wage bill proposes to increase the minimum wage in CT from $8.25 per hour to $9.75 per hour in two stages over the next two years, and then indexed for inflation starting in 2016.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary