Daily Hampshire Gazette - Established 1786
Hi 69° | Lo 39°

Business & Money

The staff of CISabroad gathers for a photo before their open house Thursday in the former home of Northampton Center for the Arts.

Center for International Studies Abroad expands in new quarters at Sullivan Square building

Saturday, April 19, 2014

NORTHAMPTON — A surge in demand to study abroad, particularly among students interested in business, engineering and related fields, is fueling the growth of a local organization that specializes in placing people in study programs throughout the world. Business is so good that the Center for International Studies Abroad, or CISabroad, has leased and revamped the former Center for the … 0

Religious bookstore takes on new name, new beginning in Amherst

Saturday, April 19, 2014

AMHERST — Good Faith Bookstore at 55 South Pleasant St. is set to open Friday as a resource for people of faith and welcoming to everyone in the community. “We think all faith is good. It’s a matter of understanding it,” said Stephen Nagy of Leverett, who serves as president of the Lay Academy of Oecumenical Studies Inc. Previously known as LAOS Interfaith … 0

Study: Fuels from corn waste no better than gas

Sunday, April 20, 2014

WASHINGTON — Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration’s conclusions that they are a much cleaner oil alternative and will help combat climate change. A $500,000 study paid for by the federal government … 0

Detroit needs $350M from state lawmakers

Wednesday, April 16, 2014

DETROIT — Pressure was building Wednesday for Michigan lawmakers to commit $350 million to Detroit pensions, a day after the city reached tentative agreements with pension funds and a retiree group to reduce payouts. The city has an … 0

Pulitzer Prize winner Jeff Good to join Gazette, Recorder in new executive editor position

Tuesday, April 15, 2014

NORTHAMPTON — A Pulitzer Prize-winning journalist devoted to community journalism will join the Daily Hampshire Gazette’s parent company next month as executive editor, a new position responsible for editorial content at Newspapers of New England’s Pioneer Valley publications … 1

Fed considers stricter banking regulations

Tuesday, April 15, 2014

WASHINGTON — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of … 0

Stocks bounce back late

Tuesday, April 15, 2014

A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in … 0

Highway funds drying up, transportation secretary warns

Tuesday, April 15, 2014

DAYTON, Ohio — On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: The government’s Highway Trust Fund is nearly broke. If allowed to run dry, that could set back … 0

High fees eroding many 401(k) accounts

Tuesday, April 15, 2014

WASHINGTON — It’s the silent enemy in our retirement accounts: High fees. And now a new study finds that the typical 401(k) fees — adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker’s account over a four-decade career compared with … 0

Pamela Yip: A checklist for reviewing your trust

Tuesday, April 15, 2014

One of the best ways to leave assets to your heirs is to establish a trust. But once you’ve created one, it’s important not to let it sit there without reviewing it periodically. You want to ensure that the trust is current with the law and is still … 0

Retirement advice for the non-millionaire

Tuesday, April 15, 2014

PITTSBURGH — Although investors with pint-size retirement accounts often have the greatest need for solid financial advice, the reality is that top-notch financial advice more likely goes to those with at least $1 million to invest. The reason comes down to pure mathematics, said Andy Rachleff, chairman of … 1

At 95, Victor Waryas still cutting hair in South Deerfield

Tuesday, April 15, 2014

SOUTH DEERFIELD — In a small porch at his Eastern Avenue home, Victor Waryas cuts, trims and styles hair a few days each week. He has cut the hair of countless clients from South Deerfield neighbors to Eaglebrook … 0

Retail sales boost stocks

Monday, April 14, 2014

U.S. stocks mounted a modest rally on Monday, helping investors recover some of the ground lost after a rough finish last week. Investors were bracing for another round of discouraging earnings and a third consecutive loss for the … 0