
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.
Watch CBS News
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Economic and market expert Peter Cohan from Babson College sat down with WBZ-TV's Jon Keller.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
There are positive signs and also warnings when it comes to the current state of the economy.
Is your small business protected from even the slightest of downturns? Use these solutions to provide stability to your cash flow.
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."
Massachusetts labor officials say the unemployment rate ticked up last month while the state added an estimated 200 jobs.
Let's start the New Year with a look at your portfolio.
A new report finds that even as the overall economy improves, cities and towns in Massachusetts are still feeling plenty of financial strain.
Financial worries are keeping most Americans up at night, according to a new survey.
The health and education sector added the most jobs last month, about 5,500.
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.
Every workday lost during New England's winter has meant millions of dollars taken out of the regional economy.
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.
Watch the video to see what your neighbors think about a potential a Boston Olympics.
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 continued their downward spiral, dropping another 9 cents per gallon in the past week to an average of $3.17.
Last year at this time I thought the stock market would have a good year.
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.
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?
Half a decade later, the president called the nation's financial system "safer" and heading in the right direction.
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?
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?
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?
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?
Robert "Bobby" Crimo III was arrested after a police chase from North Chicago to Lake Forest. Charges are pending.
The two shooting victims were taken to a Boston-area hospital.
Police said that a man in his 50s was reported missing from his boat Monday night.
Two residents were forced out of a home in Roslindale after a fire erupted at their home.
The Boston Pops refer to this spirited early-bird audience as their "Red, White, and Blue crew."
Massachusetts State Police said they were prepared for any type of emergency.
Attorney General Maura Healey released guidance Friday for police chiefs in the wake of the decision.
A New Hampshire campground is closed until further notice due to a bear that is not afraid of humans, officials say.
The cars had been pulled out after an out-of-service car had a battery failure on June 20.
Robert "Bobby" Crimo III was arrested after a police chase from North Chicago to Lake Forest. Charges are pending.
The two shooting victims were taken to a Boston-area hospital.
Police said that a man in his 50s was reported missing from his boat Monday night.
Two residents were forced out of a home in Roslindale after a fire erupted at their home.
The Boston Pops refer to this spirited early-bird audience as their "Red, White, and Blue crew."
The seven-day weighted average of positive tests in Massachusetts is now 6.22%.
Two people from Massachusetts have gotten sick.
The seven-day weighted average of positive tests in Massachusetts is now 5.85%.
The seven-day weighted average of positive tests in Massachusetts is now 5.74%.
Researchers say some stoves are leaking unburned gas at low levels that could be toxic when released into the air.
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.
The city had no idea it was there until WBZ-TV told them.
Unsolved murders are a growing concern nationwide.
Debbie Melo has now been missing for 22 years. Detectives say her husband has never been ruled out as a suspect.
A teen is in critical condition after accidentally shooting himself in the head while running from police, according to I-Team sources.
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?
The North Atlantic Treaty Organization is officially expanding, as Finland and Sweden are about to become full members.
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.
Jon says the long-term impact of the court's ruling will be to remind apathetic voters that inaction has consequences.
Have you seen those TV ads warning that Congress is poised to "break" the popular Amazon Prime two-day delivery service?
Kohl's said Friday that it now expects sales to be down.
A new report from Bank of America claims the company has cut air conditioning in an effort to lower expenses.
A New Hampshire distillery has come up with its newest concoction called "Crab Trapper" — whiskey flavored with invasive green crabs.
Gourmet Dumpling House in Chinatown is about to close after 15 years.
Stores will continue to use the "Marathon Sports" branding.
Loyal Biscuit is known throughout Maine as the go-to health food store for pets.
Owls Head Transportation Museum is one of Midcoast Maine's top tourist spots.
Cruising on this fleet of sailboats promises spectacular scenery, great food, and pure adventure.
The Bay View Collection offers a fully integrated Midcoast Maine vacation.
MKS custom knives are used by professional chefs and cooking enthusiasts all over the world.
Boston matched its franchise record for consecutive July 4 wins.
The major league debut of top Red Sox pitching prospect Brayan Bello may be upon us.
Fortunately for Jules, he won't have to endure any injury disappointment on the Fourth of July.
Time was, the sport of football emulated life on the battlefield. That time, though, is long gone.
A.J. Vinatieri's commitment to UMass is no more.
A New Hampshire campground is closed until further notice due to a bear that is not afraid of humans, officials say.
Massachusetts State Police are using a Boston Dynamics robot at the Esplanade ahead of Monday's festivities.
The baby's soft quills will harden over time
A New Hampshire distillery has come up with its newest concoction called "Crab Trapper" — whiskey flavored with invasive green crabs.
Maine's season for black flies appears to be taking up more of the year.