The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
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The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The federal funds rate currently stands at a 5.25% to 5.50% range — the highest in more than 20 years — and there are expectations that the Fed will reduce the rate by 25 basis points.
Expected Federal Reserve rate cuts this week could mean relief for consumers.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
The Federal Reserve is meeting July 30-31 to discuss its benchmark rate. Here's what economists say about the impact on your money.
The Federal Reserve announced it will keep interest rates the same — to help ease rising prices. That decision comes as a new government report on inflation is released.
Inflation-weary consumers have also been slammed by high borrowing costs, but the Fed is cautious about sticky inflation.
The Federal Reserve concluded its latest policy meeting Wednesday, and made a decision on interest rates. CBS News Business Analyst Jill Schlesinger joins us from New York.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
A police chase that began in Golden Valley overnight Wednesday ended with both the suspect vehicle and an officer in a cruiser crashing into the Federal Reserve Bank building in downtown Minneapolis.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
Jeff Wagner talks with financial advisor Greg McBride about the Federal Reserve’s decision not to raise interest rates.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The Federal Reserve did what it had been signaling for weeks -- a pause in interest rate hikes. But it also warned to brace for more hikes this year.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
A new Federal Reserve survey on economic confidence shows a record number of people say they’re not doing “at least OK financially.” University of Minnesota Professor Paul Vaaler reality check things when it comes to inflation -- and how we're doing.
President Biden is hoping to stack the Central Bank with its top governors as it continues working to stem inflation.
This weekend, more than 80 venues across Minneapolis will open up their doors to the public. It's all part of its Doors Open weekend event, where the public will be able to explore places they generally can't go. One of those spots is the Federal Reserve Bank of Minneapolis.
The average price for a typical turkey is about $25 this year. That's 6% cheaper than last November.
Last year, Minnesota lawmakers passed new protections after a young woman testified about contamination in her community just before she died. Her sister is now carrying on the fight to protect other families.
Authorities in Pine County are searching for an 82-year-old man who told family he was leaving for Texas in early November and hasn't been heard from since.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
A southwest Minnesota man is donating his time and skills to provide a service that most of us didn't know needed to be done.
Last year, Minnesota lawmakers passed new protections after a young woman testified about contamination in her community just before she died. Her sister is now carrying on the fight to protect other families.
Minneapolis Mayor Jacob Frey on Thursday vetoed a City Council proposal that would establish a citywide labor standards board.
A man is expected to survive after being shot during a possible drug deal in Minneapolis' Dinkytown neighborhood Thursday morning, police said.
The Minnesota Department of Health and the United States Department of Agriculture say they have confirmed a total of 15 cases of E. coli related illnesses in Minnesota.
The head coach of the University of St. Thomas' women's hockey team has resigned following an "incident," according to the school, which would not disclose the details of what occurred.
Authorities in Pine County are searching for an 82-year-old man who told family he was leaving for Texas in early November and hasn't been heard from since.
A southwest Minnesota man is donating his time and skills to provide a service that most of us didn't know needed to be done.
A recount of a close Minnesota House race on Thursday could determine the balance of power in the chamber, which now stands at a political tie, according to the unofficial results from the election two weeks ago.
The Minnesota Department of Health and the United States Department of Agriculture say they have confirmed a total of 15 cases of E. coli related illnesses in Minnesota.
Multiple crashes have occurred on Twin Cities roads during Thursday morning's commute, with icy roadways and even some blowing snow reported as temperatures hover around freezing.
The Wisconsin Supreme Court is grappling with a case affecting whether the swing state's nonpartisan top elections official can remain in her post despite not being reappointed and confirmed by the state Senate.
Documents say Steven Williams resigned from the Prescott, Wisconsin police force "in lieu of termination."
An attorney representing a conservative prosecutor struggled Monday to convince Wisconsin's liberal-leaning Supreme Court to reactivate the state's 175-year-old abortion ban.
Jennie-O turkey brand will display its float at Macy's Thanksgiving Day Parade for the fifth consecutive year.
Traffic is backed up on a major interstate in western Wisconsin Tuesday morning due to a crash.
A man is expected to survive after being shot during a possible drug deal in Minneapolis' Dinkytown neighborhood Thursday morning, police said.
A warm place to live may be taken for granted, but for a veteran taking over his family home, it's a gift.
Michael Fuller and Mahesh Mathew are finding purpose on Twin Cities running paths together.
One issue veterans face is finding a job after they finish their service. They have skills, of course, but they are not always valued as work experience. The University of Minnesota Medical School is hoping to change that.
Alan Vanhoever and Brian Neidt are honored to have served the United States. Both struggled with addiction for years before giving a specialized long-term program a try.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
A recount of a close Minnesota House race on Thursday could determine the balance of power in the chamber, which now stands at a political tie, according to the unofficial results from the election two weeks ago.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly released police report. He is now President-elect Trump's choice for defense secretary.
State regulators denied two-thirds of the applications seeking one of the initial "preapproved" licenses to operate a cannabis business in Minnesota, a spokesperson for the Office of Cannabis Management said by email.
The average price for a typical turkey is about $25 this year. That's 6% cheaper than last November.
"We literally walk in and dust off the jackets because they have been sitting for a while," she said.
Thieves capture radio signals from your key fob by using a device that grabs that fob's signal, even from long distances. That signal can be stored and re-used.
The price of housing in Minneapolis rose less over the last five years compared to other metro areas around the U.S.
The Wild also partnered with community food shelves to give out Turkeys this holiday season.
A man is expected to survive after being shot during a possible drug deal in Minneapolis' Dinkytown neighborhood Thursday morning, police said.
A woman in her 60s has been charged with fatally striking a person with her car back in July near Hibbing, according to documents filed Tuesday in Itasca County.
Roseville city officials say that more than 18,000 feet of copper wire was stolen.
Criminal charges have been dropped against two teenage brothers in connection to the fatal shooting of their 15-year-old cousin in Minneapolis this summer.
Police say an 18-year-old man is dead after he was shot on Tuesday night near Minneapolis' Little Earth of United Tribes housing area.
Last year, Minnesota lawmakers passed new protections after a young woman testified about contamination in her community just before she died. Her sister is now carrying on the fight to protect other families.
The Minnesota Department of Health and the United States Department of Agriculture say they have confirmed a total of 15 cases of E. coli related illnesses in Minnesota.
PFAS are forever chemicals used in everyday items like nonstick pans, dental floss and food packaging that can build up in our bodies and harm our health.
A new Minnesota state law requires school districts or charter schools to adopt a policy on the use of cellphones in school by March of next year. But one nonprofit has gotten a jump start, working with students to help them find a balance between devices in and out of school.
The Mayo Clinic says surgeons there successfully performed a face transplant for a Michigan man who was severely injured from a self-inflicted gunshot wound 10 years ago.
After almost a decade of "Disney on Ice" performances, a Minnesota native is eagerly anticipating his first show at the Xcel Energy Center.
Post Malone announced Tuesday that the "Big A** Stadium Tour" will come to U.S. Bank Stadium on May 20, 2025.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Mike Tyson, a boxing legend, and Jake Paul, a social media legend, threw down Friday in Dallas. Financially, they both came out winners.
The head coach of the University of St. Thomas' women's hockey team has resigned following an "incident," according to the school, which would not disclose the details of what occurred.
Parker Fox scored 16 points off the bench to spark Minnesota to a 58-47 win over Cleveland State.
Kirill Kaprizov scored a pair of third-period goals, and Jonas Brodin and Ryan Hartman also scored to help the Minnesota Wild beat the St. Louis Blues 4-2 on Tuesday night.
The Minnesota Vikings have been hounding quarterbacks all season and often without any extra help.
Lifting weights specifically helps strengthen bones, and in Ronnie Laitnen's case, slows down her chronic disease from developing.
In this election, Klobuchar faired much better than all other Senate Democrats — she won by a significantly larger margin.
For Democrats the postmortem continues on why Vice President Kamala Harris and her Running mate Governor Tim Walz performed more poorly with almost every demographic than Joe Biden did in 2020. In Minnesota, Senator Amy Klobuchar did much better than Harris with some of those same groups.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
Did you know that donkeys are fast, smart and can build life-long bonds with other animals and people? It's believed that donkeys are smarter than most dogs.
The Fitzgerald Theater is the oldest active theater in St. Paul — but is it also haunted?
Wisconsin bars are known for their pints and their patrons. About the last thing you'd expect to discover in such a place would be 55 feet of historic American artwork.
Did you know Minnesota has a real castle? Miller Castle, near Nisswa.
In this edition of Finding Minnesota, John Lauritsen takes us through the long history and evolution of the Goldy Gopher mascot.
Krueger is the third-generation owner of Krueger's Christmas Tree Farm. While he finds joy in knowing the evergreens will make a family happy, they might not realize the effort it took to reach these towering heights.
As President-elect Donald Trump fills out his cabinet, there's one department for which he's yet to announce a leader. That could be because he promised it wouldn't exist after taking office.
The tiny sensory organs that cover our tongue allow us to detect five basic tastes: sweet, salty, bitter, sour and umami — which is a savory, rich or meaty flavor.
Grabbing a TV for a steal-of-a-deal is a popular move during the holiday season. This year, industry experts are expecting shoppers to go big — like really big.
Robert F. Kennedy Jr., who is expected to have a spot in the Trump administration, feels fluoride can lead to a slew of health problems.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
Minnesotans got a great view of the northern lights Thursday night due to the arrival of a severe geomagnetic storm.
Minnesotans got a great view of the northern lights Monday night.
Storms ripped through parts of Minnesota and western Wisconsin on Thursday evening. There were several reports of tornadoes and trees were downed in the metro and beyond, including in Cottage Grove, Anoka, Champlin and Fridley.
A powerful thunderstorm tore through the grounds of the Minnesota State Fair on Monday night, delaying Tuesday's opening.
WCCO meteorologist Chris Shaffer has your latest forecast.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
The wind will slowly die down Thursday night, but temperatures will also start to drop.
WCCO meteorologist Adam Del Rosso has your latest forecast and it's a chilly one!
Cold winds and clouds will linger on Thursday.
In this installment of WCCO Investigates: PFAS Problems, one Minnesota family is speaking out about the impact PFAS has had on their family.
Thanksgiving dinner won't hurt your budget this year, as prices for turkey has fallen 6% from last year. WCCO's John Lauritsen has the story.
The man who hit and killed a student at the University of Minnesota had other alcohol-related offenses on his record, police say. WCCO's Jason Rantala has the story.
WCCO meteorologist Chris Shaffer has your latest forecast.
An event at CHS Field sure is making us feel jolly! WCCO meteorologist Adam Del Rosso is on site with a sneak peek at the GLOW festival.