Inflation is sticking around. Here's what that means for your money.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
Can the Fed keep raising interest rates and defeat the worst bout of inflation in 40 years without causing a slump?
The central bank boosted interest rates for the seventh time this year, which means pricier debt and loans.
It is the fourth straight month the Federal Reserve has increased the interest rate by ¾ of a point.
WBZ-TV's Brandon Truitt reports.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
"Extraordinary" rate hike comes on the heels of another sharp increase in June. That means debt is about to get more expensive.
WBZ-TV's David Wade breaks down what the Federal Reserve's interest rate hike means for you.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
A blogger has come up with a way to get people to save more: zero dollar days.
The Federal Reserve raised a key interest rate to a quarter of a percent Wednesday, marking the end of a decade of near-zero rates.
Federal Reserve chairwoman Janet Yellen "felt dehydrated at the end of a long speech under bright lights" Thursday in Massachusetts and was seen by medical personnel as a precaution, the Fed said in a statement.
According to the National Council on Aging, more than 13 million older adults are considered economically insecure, living on less than $22,000 a year.
The financial choices in our lives are overwhelming. It's become a lot more complicated and involves a lot more planning than it used to.
Lawrence Summers, who was considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman, has withdrawn from consideration, the White House said Sunday.
According to The Fair Isaac Company, 37% of consumers who use credit cards carry more than $10,000 of debt.
The latest Federal Reserve numbers from January has revolving consumer debt at $851 billion dollars.
A new study by the Federal Reserve finds that the Greater Boston labor force is much younger than earlier believed.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Stocks burst forward after positive comments from the head of the Federal Reserve.
For now, there is hope. And if you want to stoke that hope, sit back and enjoy some quality Drake Maye highlights to see the high end of what he can do as a football player.
Four men are accused of stealing expensive jewelry from Indian and South Asian families in Massachusetts for years.
Was the Drake Maye pick a HIT or a MISS? Are the Patriots WINNERS or LOSERS? Has the franchise found its QUARTERBACK OF THE FUTURE or are the Patriots DOOMED FOR ETERNITY?
"Messi Madness" is set to fully engulf Foxboro this weekend with a crowd of 65,000 expected to head to Gillette Stadium for their chance to see soccer royalty.
The Patriots got their quarterback in the first round of the 2024 NFL Draft on Thursday night, but New England's work is far from done this weekend.
Four men are accused of stealing expensive jewelry from Indian and South Asian families in Massachusetts for years.
The Patriots got their quarterback in the first round of the 2024 NFL Draft on Thursday night, but New England's work is far from done this weekend.
The Patriots are hoping that they have their new franchise quarterback in Drake Maye.
"Messi Madness" is set to fully engulf Foxboro this weekend with a crowd of 65,000 expected to head to Gillette Stadium for their chance to see soccer royalty.
College students want their schools to divest from Israel. So how is tuition money linked to the war in Gaza?
A new study finds that people with breast cancer are more likely to develop a second cancer over time.
The CDC is keeping a close eye on the impact that rising heat is having on o
The CDC has issued an advisory about the risks of safely injecting Botox after some people have gotten so sick they had to be hospitalized.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
Members of Gen-Z believe they are aging faster than other generations, but is that true?
A Townsend woman was scammed into believing a famous actor was in love with her. Then the case took on a potentially more sinister turn.
State contracts obtained by the I-Team show taxpayers are paying tens of millions of dollars to hotels for rooms and food.
A fourth-grade teacher at an elementary school in Cambridge is facing child rape charges.
William Foley Jr., a five-time drunk driver who lost his license after a fatal crash in 2001, is back behind bars after an I-Team investigation.
The IRS Criminal Investigation unit helps go after violent criminals, including some right here in Boston.
Quincy City Council President Ian Cain and Swansea attorney John Deaton are seeking the Republican nomination to run against Sen. Elizabeth Warren.
Pro-Palestinian students have accelerated their protests of the Israel-Hamas war. But are the they helping or hurting their cause?
Massachusetts State Sen. Peter Durant weighed in on budget concerns in Massachusetts.
According to ADL's annual Audit of Antisemitic Incidents, Massachusetts had the fifth most incidents in the country last year, up a shocking 189 percent over 2022.
"It's the golden goose," said Rooney of Boston's commercial property taxes, which provides a large percentage of the city's annual revenue.
April 20, 2024 is Record Store Day. See which record shops in Massachusetts are participating.
Boston Dynamics' latest robot is ready to "exceed human capabilities," the company says.
Rising costs are forcing small businesses located on Boston's Massachusetts Avenue to close.
Boston-based box wine brand Alileo teamed up with Caffe Nero to launch a coffee and wine experience in Massachusetts.
Today is Patriots' Day in Massachusetts. Here's what to know about the celebrations and what's open and closed for the holiday.
Robert Shure is the talented sculptor behind the FAO Schwartz teddy bear, the Cy Young memorial and the Massachusetts Fallen Firefighters Memorial.
Ming Tsai demonstrates how to cook a traditional Chinese street food - Ming's bings.
Founded out of love, Rustic Marlin is a home décor and lifestyle brand with a unique origin story in Massachusetts.
The Vermont Country Store has since become an iconic destination for locals and tourists alike.
Creating an inviting environment for the community to meet, enjoy and participate in the arts
For now, there is hope. And if you want to stoke that hope, sit back and enjoy some quality Drake Maye highlights to see the high end of what he can do as a football player.
Was the Drake Maye pick a HIT or a MISS? Are the Patriots WINNERS or LOSERS? Has the franchise found its QUARTERBACK OF THE FUTURE or are the Patriots DOOMED FOR ETERNITY?
"Messi Madness" is set to fully engulf Foxboro this weekend with a crowd of 65,000 expected to head to Gillette Stadium for their chance to see soccer royalty.
The Patriots got their quarterback in the first round of the 2024 NFL Draft on Thursday night, but New England's work is far from done this weekend.
Michael Hurley says the New England Patriots made the right pick with Drake Maye at number 3.
Researchers spotted a 37-year-old right whale mother named Wolf and her calf off the coast of Massachusetts.
The 2024 cicada broods will not be emerging in Massachusetts - but the buzzing bugs are set to appear here in 2025.
A pair of vultures thought to be "actively dying" actually had too much to drink, wildlife rescuers in Connecticut say.
A fluffy pile of golden retrievers took over the Boston Common in memory of Spencer the marathon dog.
The thick fog made for an eerie sight as the Mayflower II crossed the Cape Cod Canal.