Americans spending more for the holidays despite dour economic views
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
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Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
President and CEO of Heritage Financial, Sammy Azzouz discusses the latest interest rate cut with political analyst Jon Keller and what it may mean for the market and the economy.
The survey done by Primerica found that 69% of middle-income Americans say their income is falling behind the cost of living.
The Federal Reserve signaled that more cuts could be coming by the end of the year. WBZ-TV’s Courtney Cole reports.
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
President Trump has ordered his administration to fire the commissioner of labor statistics after the July job report came out. Nik Zecevic reports from Los Angeles.
Natalie Brand reports from the White House.
Greater Boston Chamber of Commerce CEO Jim Rooney sat down with WBZ-TV's Jon Keller for a discussion about the Massachusetts economy.
In Massachusetts, inflation and unemployment are running ahead of national levels.
Natalie Brand reports from the White House.
President Trump is marking the 100th day of his second term with a trip to Michigan, home of the U.S. auto industry, as the White House announces it's easing some tariffs on automakers, CBS's Erica Brown reports.
WBZ-TV political analyst Jon Keller talks to Babson College professor Peter Cohan, a financial expert.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
Many Bostonians are wondering if a recession is in the near future. WBZ-TV's Paul Burton reports.
The president said he might send payments using money saved by DOGE but an economist said the plan is not likely to work.
The president said he might send payments using money saved by DOGE but an economist said the plan is not likely to work. WBZ-TV's Tiffany Chan reports.
President-elect Trump is proposed a universal tariff of 10 to 20% and an additional tariff of up to 100% for imports from China, forcing American companies to pay for more goods. WBZ-TV's Laura Haefeli reports.
WBZ-TV's Courtney Cole spoke with Chuck Zodda, managing partner and Chief Investment Officer at Armstrong Advisory Group, about what we could expect to see in the stock market.
Inflation is down, but grocery prices are up. So is the economy good or bad for voters? Here's what an expert says.
While new job reports show unemployment claims have decreased for the third straight week, voters in Massachusetts said their big concern is the economy and being able to afford things like groceries. WBZ-TV's Kristina Rex reports.
Newly released U.S. Census Bureau data finds a growing income gap that makes it difficult for many Massachusetts families to make ends meet.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
Nathan is a talented young artist who loves to draw and color.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
A "heavily intoxicated" teenage hiker and his friend had to be rescued from New Hampshire's Mount Monadnock, law enforcement officials say.
The Montreal Canadiens ran away from the Boston Bruins 6-2 on Tuesday night.
Two people are dead after a multi-car crash near a popular restaurant in Watertown.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
Circle Furniture appears to have suddenly closed all of its stores right before Christmas.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
A Salem, Massachusetts man appeared in court after police say he was purchasing materials that could be used to make homemade bombs.
Flu is on the rise in Massachusetts, just as people are starting to gather for the holidays.
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.
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.
Circle Furniture appears to have suddenly closed all of its stores right before Christmas.
The overpowering scent of Dunkin' donuts in the air has some Haverhill residents complaining.
Ice Castles in North Woodstock, New Hampshire is opening unusually early this year.
The Massachusetts Cannabis Control Commission unanimously approved regulations to allow for legal marijuana use in public settings.
The model airplane and balsa wood glider company Guillow's has been headquartered in Wakefield for nearly a century.
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.
The Montreal Canadiens ran away from the Boston Bruins 6-2 on Tuesday night.
The Patriots had two players make the Pro Bowl roster, but they had another noteworthy snub.
The Boston Celtics rallied from a 20-point, second-half deficit for a 103-95 victory over the Indiana Pacers.
Stores in Massachusetts say they are having a hard time keeping up with demands as Patriots fans snatch up Drake Maye jerseys.
Rookie New England Patriots left tackle Will Campbell may be on injured reserve with a knee injury, but he was the star of the show at Friday night's Celtics game.
The overpowering scent of Dunkin' donuts in the air has some Haverhill residents complaining.
Alex Cornwell's display of nearly 300 Christmas inflatables is attracting visitors from around Massachusetts.
Police are looking for whoever opened fire on inflatable Christmas decorations in Bow, New Hampshire.
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.