News
Justice Dept. drops criminal probe of Fed Chair Jerome Powell
9+ hour, 4+ min ago (812+ words) WASHINGTON " The Justice Department has dropped a criminal investigation into the Federal Reserve after months of probing the independent central bank's $2. 5 billion building renovations and failing to turn up evidence of a crime. US Attorney Jeanine Pirro, the top federal…...
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
10+ hour, 16+ min ago (346+ words) U. S. Attorney for the District of Columbia Jeannine Pirro said on X on Friday that her office was ending its probe into the Fed's extensive building renovations because the Fed's inspector general would scrutinize them instead. This morning the Inspector General…...
Wage growth lags inflation in N. H. , where labor market has been "cooling off" since post-pandemic rebound
2+ day, 9+ hour ago (447+ words) A typical paycheck in New Hampshire doesn't stretch quite as far as it used to, as inflation has now outstripped wage growth for two years in a row, according to a new report from the New Hampshire Fiscal Policy Institute....
Raspberries for $18 a pound? $10 for strawberries? Here's why produce is so expensive in Mass. right now.
1+ week, 1+ day ago (1124+ words) It's not just gas stations where Massachusetts consumers are seeing erratic prices. It's also in the produce section at Boston-area supermarkets: Some raspberries now cost as much as $18 a pound and blueberries as much as $14 a quart. According to the…...
Soaring gas prices leads to biggest monthly inflation spike in four years in March
2+ week, 16+ hour ago (904+ words) WASHINGTON " The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political hurdles for the White House. Consumer prices…...
Tell us: How are you dealing with rising gas and grocery prices?
2+ week, 1+ day ago (253+ words) The Boston Globe Across the US, the price of fuel and food are rising making life even more expensive for people already grappling with a high cost of living. The Globe is looking to talk to Massachusetts residents who are…...
As mortgage rates soar again, the Greater Boston housing market slump may continue through spring
2+ week, 1+ day ago (1007+ words) Just a few weeks ago, things were finally looking up for Greater Boston's housing market. After a four-year-long freeze with a shortage of interested buyers and sellers, mortgage rates were finally on a sustained decline, easing the vice of high…...
Citizens CEO tells employees he's optimistic about the economy
1+ week, 4+ day ago (307+ words) Massachusetts employers in general still seem pretty gloomy about the economic outlook, but not the executives at Citizens Financial Group. CEO Bruce Van Saun told investors in January that "the macro environment" for 2026 should be favorable, with solid Gross Domestic…...
Tribal gas stations offer a reprieve from high prices during Iran war
2+ week, 1+ hour ago (966+ words) I purposely drove here just for the gas," Lewis said while filling up her Chevrolet Suburban at the Tulalip Market this week for $4. 84 a gallon (3. 8 liters) " about 75 cents less than prices near home. Gas is ridiculous. But I have found,…...
How inflation hit the price of gas, food, cars, airfare, and housing
2+ week, 14+ hour ago (561+ words) The closely watched Consumer Price Index report for March brought with it a gloomy but anticipated conclusion: The war in Iran is reigniting inflation in the US after years spent trying to tame it. Overall, prices rose 3. 3 percent (not seasonally…...