Local Business
Thursday, May 14, 2026 · Springfield
Cape Cod Tourism Slows Amid High Prices, Uncertainty
Cape Cod's summer bookings are cooling off after post-pandemic highs, with hotel occupancy dipping below pre-COVID levels and vacation rentals seeing cancellations. Economic uncertainty and stubborn pricing are shortening stays and deterring international visitors. Local leaders warn of a market correction as the region eyes new flights for a boost.
Mass. Unemployment Holds at 4.7% in March Amid Job Gains
Massachusetts added 6,800 jobs in March as its unemployment rate dipped to 4.7%, signaling resilience in a cooling national economy. Strong hiring in professional services and healthcare drove the gains, even as the state trails its long-term averages. Officials highlight broad-based growth across key sectors.
Thursday, May 14, 2026
Moderna Nears Completion of 460K Sq Ft Cambridge HQ Expansion
Moderna is wrapping up a massive relocation to its new 460,000-square-foot headquarters in Cambridge's Kendall Square, consolidating hundreds of employees under one roof to fuel mRNA innovation. With labs comprising nearly half the space, the move boosts collaboration in Massachusetts' biotech epicenter. The project underscores the state's growing life sciences hub amid ongoing manufacturing expansions.
Thursday, May 14, 2026