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Top News & Analysis Massachusetts

  • *Norway's central bank signals quicker path to rate hike. It is just telling in terms of where the sentiment is for the U.S. dollar, "said Erik Nelson, currency strategist at Wells Fargo Securities in New York. "Yes, the Fed has just told us they are going to continue tightening policy, but the likes of the European Central Bank, the Bank of Canada and even the Bank of...

  • WASHINGTON, Sept 21- Wells Fargo Chief Executive Tim Sloan is due to testify before Congress on Oct. 3 as the bank deals with fallout from a sales scandal a year ago that continues to spark new revelations. Sloan will appear before the Senate Banking Committee, which writes rules for his industry, at a hearing titled "Wells Fargo: One Year Later," the panel said on...

  • *Norway's central bank signals quicker path to rate hike. NEW YORK, Sept 21- The dollar weakened against a basket of currencies on Thursday, retreating from a more than two-week peak as bets stoked by the Federal Reserve signalling it may raise interest rates in December abated. "People were surprised that Yellen stuck with the script that weak inflation is...

  • Sept 21- Toys "R" Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator. Toys "R" Us has the largest need to hire in the New York City area, followed by Los Angeles and then Groveport, Ohio, at a DHL warehouse it...

  • BOSTON— Aaron Hernandez's lawyer says test shows former Patriots tight end had' severe' case of degenerative brain disease CTE.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • Sept 20- California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents. The lawsuits, filed in state courts in San Francisco and Alameda Counties, alleged Chevron Corp, ConocoPhillips,...

  • BOSTON, Sept 20- Billionaire hedge fund manager William Ackman, whose firm owns an 8.3 percent stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • NEW YORK, Sept 20- U.S. In its statement that followed a two-day meeting, the Fed, as expected, left rates unchanged and said it would begin in October to reduce its approximately $4.2 trillion in holdings of U.S. Fed Chair Janet Yellen said in a press conference after the meeting that a fall in inflation this year remained a mystery and said the U.S. central bank was...

  • *Balance sheet to fall up to $10 billion per month at first. WASHINGTON, Sept 20- The U.S. "The Fed did a good job telegraphing what they were going to do and then they followed through with it, so I'm not sure the market all that much of a reaction to it," said Michael Arone, chief investment strategist with State Street Global Advisors in Boston.

  • *Wall St falls after Fed signals another rate hike this year. NEW YORK, Sept 20- U.S. In its statement, the Fed, as expected, left rates unchanged and also said it would begin in October to reduce its approximately $4.2 trillion in holdings of U.S.

  • Sept 20- California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents. The lawsuits, filed in state courts in San Francisco and Alameda Counties, alleged Chevron, ConocoPhillips, Exxon...

  • Sept 20- U.S. stocks were little changed in early afternoon trading on Wednesday as investors awaited the Federal Reserve's policy decision for clues on the future path of interest rates. Investors will closely follow Fed Chair Janet Yellen's press conference for views on inflation. The central bank is likely to keep interest rate unchanged and say that it...

  • Sept 20- The S&P and the Dow were little changed on Wednesday but hovered near record levels as investors waited to hear from the Federal Reserve on future interest rate hikes this year while the tech-heavy Nasdaq was pulled lower by a drop in Apple. Fed Chair Janet Yellen will hold a press conference half an hour later, which will be closely watched for views on...

  • Trees are toppled in a parking lot at Roberto Clemente Coliseum in San Juan, Puerto Rico, on September 20, 2017, during the passage of the Hurricane Maria.

    Hurricane Maria has weakened to a Category 3 hurricane but remains "extremely dangerous."

  • Now, renting in Cambridge can feel like that— something critics say is made tougher by short-term rental websites like Airbnb, through which property owners can make more money renting out apartments or homes by the night instead of a yearlong lease. But it is also keenly felt in event-heavy college towns, particularly ones that also are tourist destinations or...

  • MILFORD, Mass.— Voters in Milford have banned pot shops and other marijuana businesses from operating in town despite supporting the legalization of recreational pot in Massachusetts last year. "We are disappointed by the outcome of the referendum and continue to be concerned about whether it accurately reflects the will of the residents of Milford, who so...

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.