Federal Reserve Announces Historic Interest Rate Hike
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.
Watch CBS News
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Lawrence Summers, who was considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman, has withdrawn from consideration, the White House said Sunday.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.
The Office of Consumer Affairs' survey found many don't do enough to protect their finances.
Which do you want first? The good news coming out of the Federal Reserve's latest survey of New England business? Or the bad news? I'll give you both.
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.
Police say they're investigating a rash of graffiti vandalism in Downtown Boston that took place in the last 24 hours.
Credit has been the number one concern at my conferences this past winter, not unemployment but debt!
The Federal Reserve checks in with local businesses eight times a year to gauge how the economy is doing.
Despite high unemployment in the region, experts see a labor shortage looming in New England.
The Federal Reserve this time around is pumping more than half a trillion dollars into the economy, and this economic decision made by anonymous faces far away has the power to reach your wallet.
FIFA announced the teams Saturday that will play their 2026 World Cup matches at Gillette Stadium in Foxboro next summer.
The Archdiocese of Boston is clashing with a church in Dedham, Massachusetts over a nativity scene with an anti-ICE message.
The Boston Celtics cruised past Los Angeles 126-105 on Friday night, with the Lakers playing without LeBron James and Luka Doncic.
Eight states have laws making police body cameras mandatory. Massachusetts isn't one of them.
A 67-year-old man has been seriously injured after strong winds caused a tree to fall onto his car in Framingham.
FIFA announced the teams Saturday that will play their 2026 World Cup matches at Gillette Stadium in Foxboro next summer.
The Brian Walshe murder trial continued with a focus on his iPhone and text messages about his dead wife Ana.
The Watertown Boys & Girls Club is feeling the frustration after months of illegal dumping in their parking lot, a problem staff says is unnecessarily wasting money.
Eight states have laws making police body cameras mandatory. Massachusetts isn't one of them.
A 67-year-old man has been seriously injured after strong winds caused a tree to fall onto his car in Framingham.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
Amy Cohen is running the New York City Marathon despite living with the painful effects of sickle cell disease.
Surgeons at Massachusetts General Hospital have removed a pig kidney from a New Hampshire man 271 days after the innovative transplant.
With two-year waiting lists for a primary care physician, Mass General Brigham is using AI to bridge the gap.
A new study finds that simply having a HEPA air purifier in the classroom may not be enough to keep students safe from respiratory illnesses.
Eight states have laws making police body cameras mandatory. Massachusetts isn't one of them.
A Massachusetts family got stuck with a bill for a damaged tire on their rental car, even though they bought the extra coverage.
I-Team sources say the allegations of misconduct involving Canton Police Sgt. Sean Goode stem from an investigation into former State Police Trooper Michael Proctor.
Customers have been telling the I-Team that the service has not been as advertised with delays and equipment problems.
Advocates for Pappas Rehabilitation Hospital in Canton say the state is failing to keep its promise to keep the facility open.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
Maine Governor Janet Mills' run for Senate comes with an unusual promise - she will only serve one six-year term.
Ocean Spray is looking into videos that claim to show its cranberry sauce cans full of water instead of jelly.
"Blue laws" in Massachusetts prevent most retailers, including grocery stores, from opening on Thanksgiving.
Two shuttered retailers are set to become supermarkets in southeastern Massachusetts.
The Michelin Guide revealed its 2025 "Northeast Cities" edition Tuesday night, and for the first time ever it spotlighted restaurants in the Boston area.
A new report from a nonprofit consumer organization highlights two grocery store chains in Massachusetts for their quality and price.
Just steps from the water's edge along Lake Winnipesaukee, a spectacular estate mixes modern architecture with breathtaking views.
An innovative craft winery located in downtown Meredith, New Hampshire, Hermit Woods is taking a different approach to winemaking.
Located on the water's edge along New Hampshire's Lake Winnipesaukee, Mill Falls blends elegant luxury with spectacular vistas.
Kohler Store by Supply New England and an interior designer showcases how beauty and functionality can breathe new life into a project.
James Beard-nominated pastry chef and co-founder of Bakey in Boston gives insight on how to make his world-famous babka.
FIFA announced the teams Saturday that will play their 2026 World Cup matches at Gillette Stadium in Foxboro next summer.
The Boston Celtics cruised past Los Angeles 126-105 on Friday night, with the Lakers playing without LeBron James and Luka Doncic.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Derrick White scored a season-high 30 points and the Boston Celtics routed the Washington Wizards 146-101 on Thursday night.
Paval Zacha scored twice, Joonas Korpisalo made 37 saves and the Boston Bruins beat the St. Louis Blues 5-2 on Thursday night.
Birders are flocking to Scituate, Massachusetts to catch a glimpse of a tropical bird called a limpkin, which has never been spotted in New England before.
A rescue group is blaming a "dangerous" TikTok trend for a surge in skiers getting lost in the backcountry at Vermont's Stowe Mountain Resort.
A North Atlantic right whale spotted off Ireland last year has made an "extraordinary" 3,000-mile journey to Boston, scientists say.
A bald eagle found bloodied in Fitchburg, Massachusetts was likely hurt in a bird fight and not shot as first suspected.
A little owl somehow ended up in the bathroom of someone's home in Barnstable, Massachusetts.