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Above-average inflation is now being driven entirely by the service sector, where inflation is still uncomfortably high at 5.3%. Even there, anomalies are much of the story.
At a university lecture appearance, Boston Federal Reserve president Eric Rosengren commented that the rise in inflation will be temporary, similar to the toilet-paper shortage caused by the COVID ...
Inflation reached a 40-year high in mid-2022, a surge sparked by COVID-19. Before the pandemic, annual inflation hadn’t topped 5% since the Great Recession of 2008.
The greater Boston area is rich in meteorological history. The official weather records for the city of Boston go back to October 20, 1870, at the Old State House Building on State and Devonshire Streets. Weather records began being kept at the airport, then known as the Boston Airport, in October 1926. [1]
Benchmark 10-year U.S. Treasury yields, which reflect economic growth and inflation expectations, surged over 10 basis points and were last at 4.65%, their highest in almost three weeks.
In 1981, WBZ-TV was the first Boston television station to broadcast live wire-to-wire coverage of the Boston Marathon; the station continued to do so every year through 2022, and was the only Boston station to do so starting in 2007 (WCVB-TV and WHDH-TV also carried the race in its entirety during much of the 1980s, 1990s, and early 2000s).
Area served City of license VC RF Callsign Network Notes Boston: 2 5 WGBH-TV: PBS: World on 2.2 : 4 20 WBZ-TV: CBS: Start TV on 4.2, Dabl on 4.3, Fave TV on 4.4 : 5 33 WCVB-TV: ABC: MeTV on 5.2, Story Television on 5.3
U.S. stocks plunged Thursday as angst grew on Wall Street over key inflation data due out Friday. The S&P 500 tumbled 2.4%, and the Dow Jones Industrial Average shed 640 points, or 1.9%.