Fed hikes key interest rate 0.75 percentage points as it battles inflation
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Economy
Keller @ Large: How long will inflation last?
Economic and market expert Peter Cohan from Babson College sat down with WBZ-TV's Jon Keller.
What Companies Benefit From Coronavirus?
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
Keller @ Large: Economy Still Showing Warning Signs Despite Positive Jobs Report
There are positive signs and also warnings when it comes to the current state of the economy.
Economic Planning: 5 Ways To Prepare For A Downturn
Is your small business protected from even the slightest of downturns? Use these solutions to provide stability to your cash flow.
Keller @ Large: Do Politicians Care About Tech Giants Wiping Out Jobs?
Experts estimate self-driving cars, a new frontier of profit Apple and Google are aggressively pursuing, could wipe out "as many as 300,000 jobs a year in two decades or more."
State Unemployment Rate Edges Up To 3.6 Percent
Massachusetts labor officials say the unemployment rate ticked up last month while the state added an estimated 200 jobs.
Mutual Funds: The Economy
Let's start the New Year with a look at your portfolio.
Massachusetts Cities, Towns Still Feeling Financial Pinch, Report Says
A new report finds that even as the overall economy improves, cities and towns in Massachusetts are still feeling plenty of financial strain.
Survey: 62% Lose Sleep Over Money Problems
Financial worries are keeping most Americans up at night, according to a new survey.
Massachusetts Unemployment Rate Dips To 4.8 percent
The health and education sector added the most jobs last month, about 5,500.
Lawmakers Hear Pros, Cons Of Continuing Film Tax Credit
Baker wants to use the money that would be saved to double the state's earned income tax credit that goes to low-income working families.
Epic Snow Has Meant Economic Woes For Mass. Businesses
Every workday lost during New England's winter has meant millions of dollars taken out of the regional economy.
Survey: Small Businesses Hit Hard By Winter Storms
The head of a group representing Massachusetts retailers says a survey of small businesses has confirmed the "worst fears" about the effect on sales by winter storms that dumped more than eight feet of snow in many parts of the state.
Bradley Jay: 'Do You Want The Olympic Games To Come To Boston?'
Watch the video to see what your neighbors think about a potential a Boston Olympics.
Study: Hot Temperatures Are Bad For The Economy
Days that averaged about 77 degrees ended up reducing people's income by about $5 a day when compared with days that were about 20 degrees cooler.
Massachusetts Gas Prices Down 9 Cents Per Gallon
Massachusetts gas prices continued their downward spiral, dropping another 9 cents per gallon in the past week to an average of $3.17.
The State Of The Economy
Last year at this time I thought the stock market would have a good year.
Massachusetts Jobless Rate Could Top National Rate For First Time Since 2007
It's been more than six years since the monthly unemployment rate in Massachusetts has been higher than the U.S. average as a whole.
Daily Talker: Should People On Food Stamps Be Required To Work For Benefits?
Federal lawmakers are discussing legislation that would chop $40 billion dollars from the food stamp program over the next 10 years. The GOP wants to give states the power to make people work for benefits. Should the government require people to work for food stamps?
Is Wakefield's Main Street Better 5 Years After Economic Collapse?
Half a decade later, the president called the nation's financial system "safer" and heading in the right direction.
Daily Talker: Is It Too Early For Kmart's Christmas Commerical?
With more than 100 days until Christmas, Kmart launched its first ad for the holidays promoting its layaway program. Is it too early for a Christmas commercial?
Daily Talker: What's Your Biggest Expense When It Comes To Your Children?
The Department of Agriculture finds raising a child will cost you $250,000 before they turn 18. What's your biggest expense when it comes to your children?
Daily Talker: Do The Impossible Odds Of Winning Powerball Prevent You From Playing?
The Powerball jackpot has soared to $425 million. The odds of winning are 1 in 175,200,000. Do the impossible odds of winning the big prize keep you from playing?
Daily Talker: Is John Henry The Right Person To Lead The Globe?
Red Sox owner John Henry is the new owner of the Boston Globe paying $70 million in cash. Henry says he will not influence coverage of the Sox. Did the NYT sell to the right person?
Latest News From CBS Boston
Suspect in custody after 6 killed, dozens wounded in mass shooting at Highland Park July 4th parade
Robert "Bobby" Crimo III was arrested after a police chase from North Chicago to Lake Forest. Charges are pending.
2 people shot outside Mojitos Country Club in Randolph
The two shooting victims were taken to a Boston-area hospital.
Divers to continue search Tuesday for missing boater in Winchester
Police said that a man in his 50s was reported missing from his boat Monday night.
2 residents forced out of Roslindale home after fire
Two residents were forced out of a home in Roslindale after a fire erupted at their home.
Early crowd on Esplanade secures spot for Boston Pops fireworks show
The Boston Pops refer to this spirited early-bird audience as their "Red, White, and Blue crew."
Security precautions welcomed by spectators at Esplanade for July 4th celebration
Massachusetts State Police said they were prepared for any type of emergency.
Supreme Court ruling impacts Mass. gun licensing rules
Attorney General Maura Healey released guidance Friday for police chiefs in the wake of the decision.
Bear 'showing no fear of humans' closes NH campground
A New Hampshire campground is closed until further notice due to a bear that is not afraid of humans, officials say.
New Orange and Red Line cars are back in service, MBTA says
The cars had been pulled out after an out-of-service car had a battery failure on June 20.
Latest News From CBS Boston
More Latest News From CBS Boston
Suspect in custody after 6 killed, dozens wounded in mass shooting at Highland Park July 4th parade
Robert "Bobby" Crimo III was arrested after a police chase from North Chicago to Lake Forest. Charges are pending.
2 people shot outside Mojitos Country Club in Randolph
The two shooting victims were taken to a Boston-area hospital.
Divers to continue search Tuesday for missing boater in Winchester
Police said that a man in his 50s was reported missing from his boat Monday night.
2 residents forced out of Roslindale home after fire
Two residents were forced out of a home in Roslindale after a fire erupted at their home.
Early crowd on Esplanade secures spot for Boston Pops fireworks show
The Boston Pops refer to this spirited early-bird audience as their "Red, White, and Blue crew."
Health
More Health
Massachusetts reports 1,678 new COVID cases, 8 additional deaths
The seven-day weighted average of positive tests in Massachusetts is now 6.22%.
CDC: New listeria outbreak tied to 23 illnesses, 1 death
Two people from Massachusetts have gotten sick.
Massachusetts reports 1,915 new COVID cases, 8 additional deaths
The seven-day weighted average of positive tests in Massachusetts is now 5.85%.
Massachusetts reports 1,529 new COVID cases, 17 additional deaths
The seven-day weighted average of positive tests in Massachusetts is now 5.74%.
Study shows gas stoves could be leaking toxic chemicals
Researchers say some stoves are leaking unburned gas at low levels that could be toxic when released into the air.
I-Team
More I-Team
Rise of the Moors standoff: Where the cases stand now
It has been just about a year since an armed militia group called the Rise of the Moors held an hours long standoff with police on Route 95 in Wakefield.
I-Team: Cleanup finished at Chelsea hazardous debris pile
The city had no idea it was there until WBZ-TV told them.
I-Team: The problem behind Boston's unsolved murders
Unsolved murders are a growing concern nationwide.
I-Team: What happened to Debbie Melo?
Debbie Melo has now been missing for 22 years. Detectives say her husband has never been ruled out as a suspect.
I-Team: Teen accidentally shot himself in head running from police
A teen is in critical condition after accidentally shooting himself in the head while running from police, according to I-Team sources.
Keller @ Large
More Keller @ Large
Keller: How Supreme Court decisions could impact Massachusetts
The United States Supreme Court released decisions in recent weeks that have made national headlines. So what impact do rulings on topics such as guns and abortion have in Massachusetts?
Keller @ Large: NATO expansion may add strain to relations with Russia
The North Atlantic Treaty Organization is officially expanding, as Finland and Sweden are about to become full members.
Keller: State treasurer says Massachusetts should consider suspending gas tax
There is a difference of opinion on the possibility of suspending the gas tax, but treasurer Deb Goldberg said the state has the money to do it.
Keller: Supreme Court decision a reminder that not voting has consequences
Jon says the long-term impact of the court's ruling will be to remind apathetic voters that inaction has consequences.
Keller: Ads claim Congress will "break" Amazon Prime 2-day delivery
Have you seen those TV ads warning that Congress is poised to "break" the popular Amazon Prime two-day delivery service?
Business News
More Business News
Kohl's sale falls apart in shaky retail environment
Kohl's said Friday that it now expects sales to be down.
Bed Bath & Beyond accused of turning off AC in stores
A new report from Bank of America claims the company has cut air conditioning in an effort to lower expenses.
New Hampshire distillery turning invasive green crabs into whiskey
A New Hampshire distillery has come up with its newest concoction called "Crab Trapper" — whiskey flavored with invasive green crabs.
Gourmet Dumpling House set to close in Chinatown
Gourmet Dumpling House in Chinatown is about to close after 15 years.
Massachusetts-based Marathon Sports is being sold
Stores will continue to use the "Marathon Sports" branding.
New England Living
More New England Living
Health food for pets at Loyal Biscuit of Maine
Loyal Biscuit is known throughout Maine as the go-to health food store for pets.
Visiting the Owls Head Transportation Museum
Owls Head Transportation Museum is one of Midcoast Maine's top tourist spots.
Sailing the coast with Maine Windjammer
Cruising on this fleet of sailboats promises spectacular scenery, great food, and pure adventure.
Luxury boutique hotels in Midcoast Maine
The Bay View Collection offers a fully integrated Midcoast Maine vacation.
Custom knives crafted in Cambridge
MKS custom knives are used by professional chefs and cooking enthusiasts all over the world.
Sports
More Sports
Red Sox win 8th straight on Fourth of July, beat Rays 4-0
Boston matched its franchise record for consecutive July 4 wins.
Top Sox prospect Brayan Bello could make MLB debut Wednesday
The major league debut of top Red Sox pitching prospect Brayan Bello may be upon us.
Julian Edelman respects Joey Chestnut playing through pain
Fortunately for Jules, he won't have to endure any injury disappointment on the Fourth of July.
Joe Cardona finds one unfortunate parallel in military and NFL
Time was, the sport of football emulated life on the battlefield. That time, though, is long gone.
Adam Vinatieri's son decommits from UMass football
A.J. Vinatieri's commitment to UMass is no more.
Offbeat
More Offbeat
Bear 'showing no fear of humans' closes NH campground
A New Hampshire campground is closed until further notice due to a bear that is not afraid of humans, officials say.
Robot dog spotted working security on Boston Esplanade
Massachusetts State Police are using a Boston Dynamics robot at the Esplanade ahead of Monday's festivities.
Stone Zoo announces birth of baby porcupette
The baby's soft quills will harden over time
New Hampshire distillery turning invasive green crabs into whiskey
A New Hampshire distillery has come up with its newest concoction called "Crab Trapper" — whiskey flavored with invasive green crabs.
Black fly season in Maine is lasting longer
Maine's season for black flies appears to be taking up more of the year.