Biden signs debt ceiling bill that pulls U.S. back from brink of default
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
Watch CBS News
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
Even a short default could wipe out more than a million jobs, especially in parts of the U.S. that depend on federal spending.
"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States," Yellen wrote to congressional leaders.
U.S. Sen. John Kerry is blaming Republicans' staunch opposition to taxes for the failure of a bipartisan congressional committee to come up with a deal to reduce the federal deficit by $1.2 trillion.
The debt "super committee" is officially throwing in the towel, announcing it could not reach a deal to cut the deficit. Jon Keller is at large with the failure's effect on Mass.
The nation's credit crisis is causing a lot of concern on Wall Street and in local communities concerned about their credit rating. Jon Keller is at large.
Senator Scott Brown Weighs In On The Debt Debate
Sen. John Kerry told reporters Friday that Democrats are ready to make concessions on safety net programs but some Republicans have refused to budge from their demand that no taxes, even on the nation's wealthiest, be part of that deal.
OK guys......while you're taking a look at the list of Republicans who think they ought to be President of the United States, including the forum tonight, a couple of things you may want to consider. I'm reasonably pleased with the list of contenders on the GOP side, but positively convinced that one of them should be President? I don't think so.
I scratch at my slowly graying temples these days and wonder, "Where in the Good Lord's name is this thing we call society heading?"
Congress will continue wrangling over the president's plan when they return to work on Capitol Hill. Jon Keller is at large.
Rep. Paul Ryan joins Dan to talk about the President's speech and how the President's rhetoric about debt/deficit reduction doesn't match his actions.
Billions, Trillions. The amounts of money being tossed around in Washington, D.C. these days are nothing short of staggering. Nadine of Beverly is...
Millions knew Parton for her music, movies and television appearances, but her philanthropic efforts reached just as many people, including some from Greater Boston.
Police in Framingham, Massachusetts, are continuing to search for a hit-and-run driver who killed a 39-year-old man Sunday night and sped off.
Boston has won 14 of its last 20 games and taken 3 straight series heading into Wednesday's finale.
The Boston Symphony Orchestra and its musicians ratified a three-year contract Tuesday, avoiding what could have been the first strike in the ensemble's 145-year history.
In Massachusetts, one high school explained steps it has taken to try and reduce head injuries.
Testimony in Lindsay Clancy's Massachusetts murder trial neared its end Tuesday as prosecutors called their final rebuttal witness.
Lindsay Clancy has pleaded not guilty to three counts of first-degree murder in the January 2023 strangulation deaths of her children.
Police in Framingham, Massachusetts, are continuing to search for a hit-and-run driver who killed a 39-year-old man Sunday night and sped off.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Millions knew Parton for her music, movies and television appearances, but her philanthropic efforts reached just as many people, including some from Greater Boston.
In Massachusetts, one high school explained steps it has taken to try and reduce head injuries.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Sydney Towle, known for her social media content about living with a rare form of cancer called cholangiocarcinoma, died Wednesday in Bethesda, Maryland.
Massachusetts has seen more than 100 cyclospora cases this summer, with some linked to lettuce.
A man accused of heading up a violent gang is facing witness intimidation charges after he allegedly threatened a Massachusetts State Police trooper.
A young Roxbury mom says her car was supposed to be in an auto repair shop; instead, it was out on the road and it came back with more issues.
The device was found in the shower area of a women's locker room at Mass General Brigham's off-campus research lab facility.
Apartment rental scams are rising in the Boston area, according to the FBI. They said there have been nearly 500 victims.
An I-Team investigation into a brazen case of alleged land theft in Concord, Massachusetts has led to criminal charges nearly two years later.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
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."
The immersive WNDR Museum in Boston's Downtown Crossing is set to close down just two years after it opened.
Panera Bread is moving its headquarters from St. Louis to Weston, Massachusetts.
Breaking Grounds Cafe, a Peabody, Massachusetts coffee shop known for employing people with disabilities, is closing.
The buildings that house the Somerville Theatre and the Capitol Theatre in Arlington, Massachusetts are for sale.
Golden Temple and Party Favors in Brookline are closing after a combined 100 years in business.
Beauport, the Sleeper-McCann House has become one of New England's most imaginative seaside estates.
Blending clean modern lines with the warmth of a classic seaside retreat, this stunning North Shore coastal home was designed to feel both elevated and inviting.
Set across thirty acres of rolling lawns, wooded trails, and contemporary outdoor art, deCordova Sculpture Park and Museum invites visitors to experience art in the landscape.
James Beard Award-winning chef and restaurateur Karen Akunowicz has become known for her bold, Italian-inspired cooking and unmistakable culinary voice.
Just a short drive from Newport, the Norman Bird Sanctuary spans 300 acres of fields, forests, and coastal trails with sweeping views and more than six miles of hiking paths.
Boston has won 14 of its last 20 games and taken 3 straight series heading into Wednesday's finale.
With the regular season approaching, it doesn't seem like the New England Patriots and Christian Gonzalez are within striking distance of a new contract.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
Anthony Seigler hit a go-ahead triple in the ninth inning, and the Boston Red Sox beat the Miami Marlins 4-2.
The New England Patriots have traded wide receiver Kayshon Boutte to the Houston Texans.
A blue marlin weighing 1,260 pounds was caught by a charter fishing boat off Massachusetts.
Natick says it is installing a new floating boardwalk across Pickerel Pond.
Rising ocean temperatures are drawing more hammerhead sharks to New England waters, researchers say.
Some of the oldest military veterans in Massachusetts were honored with special flights on Friday in a World War II-era aircraft.
After marrying Taylor Swift and Travis Kelce, Adam Sandler went to Nantucket in search of a basketball court.