Massachusetts wealth Archives

Business

Massachusetts Billionaires Feature Prominently on Forbes 2026 Rich List

By Norman Pearlstine

Forbes’ 2026 list of America’s 400 richest people includes six Massachusetts residents, led by Fidelity CEO Abigail Johnson whose fortune rose to $41.6 billion.

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Continental Resources Secures Deal to Develop Venezuela’s Ayacucho 2

By Mitchell Landsberg

Continental Resources signed a memorandum of understanding with PDVSA to operate the Ayacucho 2 block in Venezuela's Orinoco Belt, a tract holding an estimated 30 billion barrels of oil.

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Fed Rate Hike Signals Stronger Dollar and Pressure on Global Markets

By Helene Elliott

The Federal Reserve’s first rate increase since July 2023 is pushing the dollar higher, tightening Asian currencies and lifting bond yields worldwide.

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Turkey’s Gold Hoarding Undermines Economy, Officials Warn

By Norman Pearlstine

Turkish officials say the long‑standing habit of keeping physical gold at home is draining liquidity, widening the current‑account deficit and hampering monetary policy.

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Fed poised to raise rates for first time since 2023, impact on borrowers and savers

By Mitchell Landsberg

The Federal Reserve is expected to lift its benchmark rate by a quarter point on Sept. 16, the first hike since July 2023, as stubborn inflation and high energy costs linger.

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Science

Massachusetts Billionaires Feature Prominently on Forbes 2026 Rich List

By Norman Pearlstine

Forbes’ 2026 list of America’s 400 richest people includes six Massachusetts residents, led by Fidelity CEO Abigail Johnson whose fortune rose to $41.6 billion.

Comments closed

Continental Resources Secures Deal to Develop Venezuela’s Ayacucho 2

By Mitchell Landsberg

Continental Resources signed a memorandum of understanding with PDVSA to operate the Ayacucho 2 block in Venezuela's Orinoco Belt, a tract holding an estimated 30 billion barrels of oil.

Comments closed

Fed Rate Hike Signals Stronger Dollar and Pressure on Global Markets

By Helene Elliott

The Federal Reserve’s first rate increase since July 2023 is pushing the dollar higher, tightening Asian currencies and lifting bond yields worldwide.

Comments closed

Turkey’s Gold Hoarding Undermines Economy, Officials Warn

By Norman Pearlstine

Turkish officials say the long‑standing habit of keeping physical gold at home is draining liquidity, widening the current‑account deficit and hampering monetary policy.

Comments closed

Fed poised to raise rates for first time since 2023, impact on borrowers and savers

By Mitchell Landsberg

The Federal Reserve is expected to lift its benchmark rate by a quarter point on Sept. 16, the first hike since July 2023, as stubborn inflation and high energy costs linger.

Comments closed

Forbes’ 2026 list of America’s 400 richest people includes six Massachusetts residents, led by Fidelity CEO Abigail Johnson whose fortune rose to $41.6 billion.

Posts tagged as “Massachusetts wealth”

Massachusetts Billionaires Feature Prominently on Forbes 2026 Rich List