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Business & Money

FILE - In this Oct. 2, 2014 file photo, people pass a Wall Street subway stop, in New York's Financial District. U.S. stocks moved lower in early trading Tuesday, March 31, 2015, erasing some gains from the day before. (AP Photo/Richard Drew, File)

Stocks decline broadly, erasing Monday’s gains

Tuesday, March 31, 2015

The stock market closed out the first three months of the year Tuesday on a down note, erasing much of the gains from the prior day’s big rally. The Dow Jones industrial average slumped 200 points, knocking the blue chip index slightly lower for the year. The Standard & Poor’s 500 index ended the quarter with a meager gain of …

Maple sugaring season comes at long last to Valley, as producers hope for best after long-delayed start

Tuesday, March 31, 2015

WILLIAMSBURG — Easy does it. Now that maple sap is flowing, sugarers hope spring continues to play hide-and-seek in the Valley to salvage a sluggish season. With night freezes and daytime thaws finally here, sugarers are making syrup, starting in earnest to boil at a time of year when they have sometimes been …

Supporters of Mass. film tax credit pack Statehouse

Tuesday, March 31, 2015

BOSTON — Supporters of the state’s film tax credit packed a Statehouse hearing Tuesday to argue against Gov. Charlie Baker’s proposal to do away with the decade-old tax break for movie and TV production in Massachusetts. Baker wants to use the money that would be saved to double the state’s earned income tax credit for low-income families. Administration officials said the film credit …

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Daily Deals debuts Tuesday on GazetteNET
  • JERREY ROBERTS
Christopher Petersen and Nicole Metcalf practice ballet during a class for adults earlier this month at Amherst Ballet.

    JERREY ROBERTS Christopher Petersen and Nicole Metcalf practice ballet during a class for adults earlier this month at Amherst Ballet. Purchase photo reprints »

  • MICKY BEDELL
Joan O'Brien, 56, walks her dog Sally down East Street in Northampton on Wednesday, March 25.

    MICKY BEDELL
Joan O'Brien, 56, walks her dog Sally down East Street in Northampton on Wednesday, March 25. Purchase photo reprints »

  • KEVIN GUTTING
Jim Brooks of Northampton takes a recreational shell out for a row on the Connecticut River. The oars are fixed into the oar locks so the blade is "square," the best angle to power through the water, but this immobilization also keeps the blade from being "feathered," or turned parallel to the surface, during the return stroke out of the water.

    KEVIN GUTTING Jim Brooks of Northampton takes a recreational shell out for a row on the Connecticut River. The oars are fixed into the oar locks so the blade is "square," the best angle to power through the water, but this immobilization also keeps the blade from being "feathered," or turned parallel to the surface, during the return stroke out of the water. Purchase photo reprints »

  • CAROL LOLLIS
Peter Rogers, left, and Michael Matis, both of Amherst, talk during a weekly luncheon for veterans at the World War II Club in Northampton.

    CAROL LOLLIS Peter Rogers, left, and Michael Matis, both of Amherst, talk during a weekly luncheon for veterans at the World War II Club in Northampton. Purchase photo reprints »

  • CAROL LOLLIS
 Assistant DA Jennifer Suhl gives closing statements in the Emmanuel T. Bile trial Friday morning.

    CAROL LOLLIS Assistant DA Jennifer Suhl gives closing statements in the Emmanuel T. Bile trial Friday morning. Purchase photo reprints »

  • MICKY BEDELL
John Lebeaux, Mass. commissioner of agricultural resources, speaks during the annual Community Involved in Sustaining Agriculture meeting at the Northampton senior center on Friday night.

    MICKY BEDELL
John Lebeaux, Mass. commissioner of agricultural resources, speaks during the annual Community Involved in Sustaining Agriculture meeting at the Northampton senior center on Friday night. Purchase photo reprints »

Conn. panel OKs tribal casino bill

Thursday, March 19, 2015

HARTFORD, Conn. (AP) — A bill that would authorize Connecticut’s two federally recognized tribes to open up to three jointly run, smaller-scale casinos cleared a key hurdle Thursday. The General Assembly’s Public Safety and Security Committee voted 15-to-8 in favor of the legislation, which is being pushed by …

New Bedford reaches deal to vie for southeast casino

Thursday, March 19, 2015

BOSTON — New Bedford is all-in as it vies for the state’s final gambling license. Mayor Jon Mitchell and the developers proposing a $650 million waterfront casino announced a deal Thursday, prompting state regulators to grant the company until May 4 to secure financial commitments and other requirements …

Stocks, bonds rally on Fed’s cautious signals

Wednesday, March 18, 2015

NEW YORK — The Federal Reserve surprised financial markets on Wednesday with a cautious outlook on the economy, pushing stocks and bonds sharply higher. After wrapping up a two-day meeting, Fed policymakers left open the possibility of a …

Fed seeks further job gains before rate hike

Wednesday, March 18, 2015

WASHINGTON — After holding interest rates at record lows for more than six years, the Federal Reserve still isn’t ready to start raising them. The Fed signaled Wednesday that it needs the job market to improve further and …

Regional auction lists livestock prices

Wednesday, March 18, 2015

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: $30 to $90; Growers: $120 to $460; Started: none; Veal: none; Feeders: $89 to $190; Heifers: $110; Steers: $163; Bulls: $120 to $146; Canners: $20 to $102; Cutters: $106 to $117; Utility: $121 to $126; sows: $35 to $45; …

GM retreats from Russia

Wednesday, March 18, 2015

MOSCOW — General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country. Mainstream GM brands have been among the biggest losers as Russia’s …

Stocks drop slightly on interest rate worries

Tuesday, March 17, 2015

NEW YORK — The guessing game over higher interest rates is making for a jerky stock market. A day after their biggest gain in six weeks, U.S. stock indexes mostly fell on Tuesday as oil continued to slide …

GOP: Obama pressured FCC on ‘net neutrality’

Tuesday, March 17, 2015

WASHINGTON — Congressional Republicans on Tuesday accused the Federal Communications Commission of bowing to White House pressure on its “net neutrality” decision, which has angered the nation’s cable and wireless giants. They said the agency’s inspector general has …

Home construction plunges 17% in February

Tuesday, March 17, 2015

WASHINGTON — Construction of new homes plummeted in February, as fierce winter weather froze housing starts in the Northeast and Midwest. The Commerce Department said Tuesday that builders began construction at a seasonally adjusted annual rate of 897,000 …

Conn. tribes warn of job losses without new casino

Tuesday, March 17, 2015

HARTFORD, Conn. — The leaders of Connecticut’s two federally recognized Indian tribes made a united pitch Tuesday to open at least one, jointly-owned casino, warning lawmakers the state could lose 18,000 jobs once a casino in neighboring Springfield, Mass., opens in 2½ years. That figure includes both jobs …