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.
A person self-immolated at a park across from the courthouse where former President Donald Trump's New York criminal trial is taking place.
The Red Sox have called up reliever Cam Booser, who will get his first taste of the majors at the age of 31.
April 20, 2024 is Record Store Day. See which record shops in Massachusetts are participating.
Boston marked 109 years since the Armenian Genocide began with a commemoration at the State House, where a 110-year-old genocide survivor was also honored.
Swifties everywhere are rejoicing after Taylor Swift released her 11th album, "The Tortured Poets Department," on Friday, and Massachusetts Governor Maura Healey is also "Ready For It."
A truck landed on top of several parked cars after it crashed into a building in Brockton on Friday morning.
A person self-immolated at a park across from the courthouse where former President Donald Trump's New York criminal trial is taking place.
Swifties everywhere are rejoicing after Taylor Swift released her 11th album, "The Tortured Poets Department," on Friday, and Massachusetts Governor Maura Healey is also "Ready For It."
Boston marked 109 years since the Armenian Genocide began with a commemoration at the State House, where a 110-year-old genocide survivor was also honored.
Cancer patients now must go elsewhere for treatment after Steward Health Care suddenly shut down the outpatient clinic at Good Samaritan Medical Center.
A new study finds that exercise may help reverse aging by reducing the buildup of fat.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Mass General Hospital will add 94 inpatient beds by 2027.
Researchers in Singapore looked at whether or not plant-based meat alternatives provided the same health benefits as real meat.
A nonsurgical weight loss procedure may be more effective and less expensive than weight loss drugs like Ozempic.
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.
A pet DNA testing company out of New Hampshire linked dog breeds to a human sample – twice.
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.
MBTA General Manager Phil Eng gets high marks for improving the T's management and culture, but there's a lot of red ink that needs to be dealt with, says WBZ-TV's Jon Keller.
As Beacon Hill struggles to deal with a surge of homeless migrants, Governor Maura Healey finds herself dealing with another surge -- of political outrage over reports of migrant crime.
A new study of driving automation technology says 11 of 14 systems performed poorly under optimal road conditions.
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.
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 over 85 years, Weston Theater Company has been creating engaging, entertaining, and inspiring theater.
Surrounded by mountains, Kimpton Taconic is a boutique hotel offering both classic and highly curated experiences.
Learn how the strategic use of windows and harnessing the power of daylight can create space and comfort within a home.
The Red Sox have called up reliever Cam Booser, who will get his first taste of the majors at the age of 31.
The Bruins and the Maple Leafs are once again taking their rivalry to the NHL Playoffs.
The Red Sox are back to .500 after an embarrassing 3-7 homestand.
Will it be Linus Ullmark or Jeremy Swayman in net when the Bruins begin their first-round series against the Toronto Maple Leafs on Saturday night at TD Garden?
The injury bug keeps biting the Boston Red Sox.
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.
A piece of decades-old military equipment washed up on a Cape Cod beach last week.