Boston News

  • Fed’s Rosengren Says Ukraine Less a Risk to U.S. Than to Europe

    Updated 9 minutes ago

    Federal Reserve Bank of Boston President Eric Rosengren said that while the conflict in Ukraine probably won’t destabilize the U.S., Europe faces more risk to its banking system or a potential oil-supply disruption.

  • Rosengren Says Fed Should Adopt More Specific Rate Guidance

    Updated 41 minutes ago

    Federal Reserve Bank of Boston President Eric Rosengren said the central bank should adopt more specific guidance on the likely path of interest rates after dropping a link to a jobless rate of 6.5 percent.

  • Grads Remake China Workforce as High-End Threat to U.S.

    Updated 5 minutes ago

    Barely 26 years old, Zhang Xi has studied at an elite American university, worked for an investment bank in Hong Kong and an oil company in Beijing and now may launch an Internet startup with two friends.

  • Billionaire Hedge Fund Chiefs Join Ricketts’ Political Group

    Updated 16 minutes ago

    Two billionaire hedge fund executives have joined Ameritrade founder Joe Ricketts’ super- political action committee as it works to elect Republicans to the Senate and House, according to a U.S. Federal Election Commission report.

  • NYC Landlord Gets Stock Listing in Latest for REIT Empire

    Updated 18 minutes ago

    A New York landlord led by Nicholas Schorsch became the first publicly traded real estate company focused solely on the city with its listing on the New York Stock Exchange today.

  • Snowstorm From Midwest Sweeps Into East With Cold

    Updated 1 hour, 4 minutes ago

    Temperatures in Washington and New York are forecast to drop as much as 38 degrees today as a cold front that brought snow to Chicago yesterday sweeps eastward with gusty winds grounding flights.

  • Intel Sales May Top Estimates on Corporate PC Demand

    Updated 32 minutes ago

    Intel Corp., the world’s largest semiconductor maker, forecast second-quarter sales that may exceed some analysts’ estimates as improving corporate orders help stabilize the declining personal-computer market.

  • Barra Adds Team to Work on Safety During Vehicle Development

    Updated 1 hour, 15 minutes ago

    General Motors Co. Chief Executive Officer Mary Barra, under fire for a delayed response to flawed ignition switches linked to 13 deaths, said she is creating a team that will make the company’s cars as safe as they are fun to drive.

  • Boston Retakes Its Marathon One Year After Terror Bombing

    Updated 20 minutes ago

    Vice President Joe Biden told hundreds gathered for the one-year anniversary tribute to victims of the Boston Marathon bombings that America would not yield to the fear created by terrorists.

  • Tax Havens Leave U.S. Filers $1,259 Tab Each, Report Says

    Updated 1 hour, 41 minutes ago

    U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.

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