![grocery-shopping-inflation-supermarket.jpg](https://assets3.cbsnewsstatic.com/hub/i/r/2023/11/30/a36b53ae-550e-4cc7-83aa-f615c3fb8fa7/thumbnail/640x360/aee9e9764abc5b3bc0d681863adf52b7/grocery-shopping-inflation-supermarket.jpg?v=5710b2ed1cee1bdfd30cb9c02455b43d#)
Report: Inflation impacting Minnesotans more than national average
New numbers from the federal government show the average American needs nearly $11,500 in additional funds just to maintain the same standard of living they enjoyed in 2021.
Watch CBS News
New numbers from the federal government show the average American needs nearly $11,500 in additional funds just to maintain the same standard of living they enjoyed in 2021.
New numbers from the federal government show the average American needs nearly $11,500 in additional funds just to maintain the same standard of living they enjoyed in 2021.
About 60% of American workers say their income has lagged inflation over the past 12 months, survey shows.
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
Best Buy Co. posted stronger-than-expected profits, but reported a deeper-than-expected drop in revenue for the fiscal third quarter as shoppers continue to pull back on buying gadgets in an uncertain economy.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
If you've gotten shocked at the price after buying a bag of candy for as a treat or for Halloween, you're not alone.
Store owner Alan Peterson shares the store's strategies for offering discount goods.
General manager Tony Oelmann talks about the store's money-saving strategies.
Store owner Alan Peterson talks about how Mike's Treasure Hunt can offer such steep discounts.
The local grocery store chain Mike's Discount Foods continues to see a bump in business as inflation is still hitting families hard.
The local grocery store chain Mike's Discount Foods continues to see a bump in business as inflation is still hitting families hard.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Despite uptick in prices, Wall Street analysts still expect inflation to continue easing over the coming months.
Americans are more aware than ever of how they spend their money, research shows.
Starting Jan. 1, 2024, Minnesota's minimum wage rates will increase to $10.85 for large employers and $8.85 for other state minimum wages.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Target says violent thefts and threats of violence rose an eye-opening 120% during the first five months of this year. Specifically, CEO Brian Cornell cited "organized retail crime" as a culprit.
Officials want more data to be confident that inflation is abating, according to the minutes of their July 25-26 meeting.
Target has reported weaker-than-expected sales for its the fiscal second quarter.
Some good news to report if you're in the market for a new ride: prices are leveling out. They're even going down for used cars. Jonah Kaplan reports now on what you need to know to make sure you get the best deal.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
As we approach the 2024 elections, one of the issues on the front burner is inflation and the cost of living. Congresswoman Ilhan Omar joined us Sunday morning to talk about a push to raise the minimum wage.
A deputy is in stable condition after their squad car went off a south-central Minnesota road and flipped on Thursday evening.
A motorist lost control of their car, went airborne and crashed into the garage roof of a southeastern Minnesota home on Thursday morning.
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
We will wrap up the week with departing high pressure, leaving us with a pretty nice Friday forecast in the Twin Cities.
The global Microsoft outage is causing mass flight cancellations and delays nationwide Friday morning, including at Minneapolis-St. Paul International Airport.
The global Microsoft outage is causing mass flight cancellations and delays nationwide Friday morning, including at Minneapolis-St. Paul International Airport.
Workers are demanding answers after a Minneapolis nonprofit shut down without notice, potentially leaving thousands of clients without care.
The new law gives more guidance on child car seats, specifying ages for car seats in addition to the child's size.
A 17-year-old boy has been charged with attempted murder for allegedly shooting another person in the face after a party in St. Paul last month.
It started with an emergency alert to firefighters in the early morning of July 8. Crews were dispatched to a fire at Sand Creek Park. When they got there, the fire was already out.
A deputy is in stable condition after their squad car went off a south-central Minnesota road and flipped on Thursday evening.
A motorist lost control of their car, went airborne and crashed into the garage roof of a southeastern Minnesota home on Thursday morning.
The new law gives more guidance on child car seats, specifying ages for car seats in addition to the child's size.
Across three-quarters of a century, the Hazelden Betty Ford Foundation has treated nearly 23,000 people with addiction.
Hundreds of athletes, 12 days of fun and just one wheel. Unicon 21, the unicycling world convention and championships, is underway at Bemidji's Sanford Center.
The Dunn County Sheriff's Office says the crash happened around 10:46 a.m. at 710th Street and 240th Avenue in Spring Brook.
A group of farmers is changing how they use their land by working with nature to improve their animal's health, along with the soil and water.
A faculty committee has recommended that a former chancellor of the University of Wisconsin at La Crosse be removed from his tenured position over his involvement in adult entertainment.
"I was like, okay we got to do something about this. We have to write a story that actually talks about what it's like to have a disability and that you are just a normal person," said writer Katie Mettner.
There may be no better cultural ambassador for Wisconsin than Charlie Berens.
The Minnesota Vikings are sponsoring girls flag football leagues across the state in an effort to give everyone a chance to play the game.
Spike Moss spent decades fighting for his community, much of that time along Plymouth Avenue.
Veterans who had been living on the street now have a new home in St. Paul as part of the Minnesota Assistance Council for Veterans' effort to end homelessness.
On the museum's website, a banner reads: "There's no place like home. Donate to keep the ruby slippers where they belong."
Since the crash, the Elk River hockey community has donated more than $16,000 to help Charles Gabrelcik in his recovery.
Former President Donald Trump publicly recounted the assassination attempt for the first time during a speech at the Republican National Convention.
Former President Donald Trump placed Corey Comperatore's firefighting helmet and jacket on stage during his address at the Republican National Convention.
Two senior House Democrats believe Biden could leave the 2024 presidential race within days after a pressure campaign from top Democratic lawmakers.
Dobbs was an early and vocal supporter of former President Donald Trump during his candidacy for the White House in 2020 and throughout his presidency.
Trump would also lead Harris. Voters say both Biden and Trump encouraged national unity after assassination attempt against Trump.
The global Microsoft outage is causing mass flight cancellations and delays nationwide Friday morning, including at Minneapolis-St. Paul International Airport.
Whether you plan to hit the water, savor the treats or maybe just stay indoors, Minnesotans are in for a hot summer weekend.
A 2019 blue Hyundai Elantra has given Erin Walters the freedom to travel across the country. That all changed a week ago after she tried renewing her car insurance with State Farm and was denied.
A recent study shows that Minnesota is ranked sixth in the nation for business, with high marks coming from areas judging the state's competitiveness, workforce, infrastructure, economy, quality of life and business friendliness.
TikTok chose to do its media presentation in the Twin Cities at Glam Doll Donuts in south MInneapolis. Among the presenters were two local women who are thriving on the platform.
A 17-year-old boy has been charged with attempted murder for allegedly shooting another person in the face after a party in St. Paul last month.
A Virginia man flew to Minnesota to try and meet a teenage girl he allegedly contacted through social media and coerced into creating sexually explicit material, according to an indictment filed by U.S. Department of Justice.
Four people were hospitalized and several businesses sustained damage after a shooting late Wednesday night on Nicollet Mall in downtown Minneapolis.
Jaylani Hussein, the executive director of CAIR-MN, says the building had been vacant for more than a year without incident, then the plans for the space were announced to neighbors in May.
Erick Haynes was sentenced to life in prison in April for the murder of McKeever, the mother of his 1-year-old child.
Energy drinks have been around since the 1940s, and in recent years, they've become all the buzz — especially with young people. But studies have shown they may not be as popular with our hearts.
Across three-quarters of a century, the Hazelden Betty Ford Foundation has treated nearly 23,000 people with addiction.
The nice weather this week might have you wanting to go for a swim, but several beaches in Minneapolis are still off limits.
South Dakota Judge John Pekas dismissed a lawsuit filed by an anti-abortion group, Life Defense Fund, that sought to have the question removed even though supporters turned in more than enough valid signatures to put it on the ballot.
U.S. News and World Report also named the Mayo Clinic in Rochester to its Honor Roll, which recognizes the best hospitals nationwide.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
From major floods to a major festival — work is underway to transform St. Paul's Harriet Island into an oasis for festivalgoers.
Minnesota's largest Black-sponsored festival will ring in its 42nd year this weekend with performances from two of hip hop's most legendary artists.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
This season with the Minnesota Lynx has been as enjoyable as ever for Cheryl Reeve.
The Minnesota Vikings are sponsoring girls flag football leagues across the state in an effort to give everyone a chance to play the game.
Minnesota Twins legend will be officially inducted into the National Baseball Hall of Fame on Sunday — and WCCO will be celebrating with a live special.
It will also mark the Twins' second ever Opening Day game against a National League team.
Hundreds of athletes, 12 days of fun and just one wheel. Unicon 21, the unicycling world convention and championships, is underway at Bemidji's Sanford Center.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
Some supporters at Saturday's rally in Pennsylvania were hoping to hear former President Donald Trump announce his vice presidential pick. For now, the assassination attempt is overshadowing everything in this heated presidential race. Esme Murphy has the latest in Talking Points.
Instead of watching old, classic cars leave the state, a museum in Wright County is trying to keep them around at the Veit Museum near Buffalo.
When Belgian immigrants settled in Ghent, they brought along rolle bolle — a sport that's sort of a cross between curling and lawn bowling — but you don't play with a ball, you play with a bolle.
The town of Remer is surrounded by hundreds of acres of woods and marshes. A perfect place for squirrels, deer, bears and maybe even Bigfoot.
Native Americans, Swedish immigrants and even cattle thieves have all taken shelter in a little spot along the St. Croix River.
Claws, scales, teeth and tails: There's a place in Medford where alligators and snakes have taken over.
Energy drinks have been around since the 1940s, and in recent years, they've become all the buzz — especially with young people. But studies have shown they may not be as popular with our hearts.
The sounds of summer wouldn't be complete without the familiar tune of mosquitoes buzzing. But did you ever wonder: Why do mosquitoes buzz? Good Question.
The funny bone is anything but funny. So why does it hurt so bad when it gets hit? It turns out there's a "humerus" answer.
It's an age-old question that's been studied for years: When is the best time to exercise? Good Question.
Summer projects around the house are a staple of the season. Figuring out which ones to tackle yourself versus hiring a professional can be tough for beginners.
The Minnesota State Fair has announced its new offerings for 2024, and they include plenty of fried foods, plenty of dairy, and plenty of sweet corn. See the full roster of new items here.
Thousands lined the streets of Hennepin Avenue on Sunday for the Twin Cities Pride Parade.
Many Minnesotans will be cleaning up Thursday from a storm system that brought sizable hail, heavy winds and possible tornado touchdowns.
Minnesotans were delighted by an otherworldly light show Friday night that was on a level the state hadn't seen in nearly two decades.
Many Minnesotans were treated to a stunning double rainbow on Thursday.
WCCO meteorologist Joseph Dames shares the forecast for the weekend, which includes multiple chances for rain, yet again.
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.
Meteorologist Joseph Dames has the latest forecast.
We will wrap up the week with departing high pressure, leaving us with a pretty nice Friday forecast in the Twin Cities.
WCCO meteorologist Chris Shaffer says tomorrow will be warmer and there will be some isolated showers.
WCCO meteorologist Joseph Dames shares the forecast for the weekend, which includes multiple chances for rain, yet again.
The global Microsoft outage is causing mass flight cancellations and delays nationwide Friday morning, including at Minneapolis-St. Paul International Airport. The outage is being caused by a CrowdStrike software glitch.
A motorist lost control of their car, went airborne and crashed into the garage roof of a southeastern Minnesota home on Thursday morning.
Meteorologist Joseph Dames has the latest forecast.
WCCO meteorologist Chris Shaffer says tomorrow will be warmer and there will be some isolated showers.