U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
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The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, gives the state of the economy right now high marks and expects more interest rate cuts before the year's end.
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.
Drivers could continue to see higher car insurance rates in 2024, with the average U.S. rate projected to jump 22% this year.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Chipotle CEO Brian Niccol said the company is addressing portion sizes after finding 10% of its locations were skimping.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.
In the Twin Cities, new home listings are down, pending sales have fallen and mortgage rates are measurably higher than they were a year ago. Home prices are increasing faster than incomes, making it tougher than ever for first-time homebuyers to make a purchase. Derek James has more on the challenging market and how builders are responding.
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
New numbers out on Wednesday show prices on all items rose about 3% year-over-year last month. But car insurance prices jumped a whopping 20%.
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.
As the unofficial start of summer begins, so does summer fun. But will it be an expensive one? Although inflation eased in April, prices still remain high, especially at the grocery store. Our Kirsten Mitchell did some number crunching to learn what items may be coming down.
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?
The U.S. government released its monthly inflation report on Wednesday morning. CBS News Business Analyst Jill Schlesinger explains it all.
The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.
Owning and protecting a home or a car in Minnesota is getting more expensive.
Owning and protecting a home or a car in Minnesota is getting more expensive. Over the last year, the cost to insure your car jumped by 22%. Home rates are up almost 5%. WCCO's Allen Henry explains what you need to know about through-the-roof rates.
CBS News Business Analyst Jill Schlesinger discusses the results of a report on economic growth for the first quarter.
The latest inflation update shows some relief at the grocery store. But families are still shelling out for one major staple.
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.
The state's highest court ruled a special prosecutor's decision to re-indict Smollett violated his constitutional rights after Cook County prosecutors previously dropped charges against him.
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.
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 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.
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.
A former 3M scientist says she now believes executives knew PFAS were potentially harmful long before they shared that information.
Twin Cities Jewish leaders, including the mayor of Minneapolis, are calling for an event hosted by some of the city's teachers to be canceled.
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.
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.
Authorities in central Minnesota are asking for the public's help in finding a 17-year-old boy who has not been seen since April.
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 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.
Retired Hugo Navy veteran Danial Daloia helps fellow veterans, first responders, health care professionals, dispatchers and more master the art form of woodworking. But it's more than that — to Daloia and his students, it's a form of therapy.
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.
If confirmed, this will be Russ Vought's second time as OMB director. He authored a chapter of Project 2025, a conservative blueprint for a GOP administration.
On Tuesday, Sherburne County officials announced that a hand recount will be done in the race for Minnesota House District 14B.
"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.
The Minneapolis City Council voted 9-3 in favor of a proposal on Thursday that establishes a citywide labor standards board, a move that worries some small business owners.
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.
Police say at least five women have contacted investigators about a young man on an electric scooter who grabbed or tried to grab them
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.
Lifting weights specifically helps strengthen bones, and in Ronnie Laitnen's case, slows down her chronic disease from developing.
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.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
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.
Cold winds and clouds will linger on Thursday.
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.
It will be a cold and windy Thursday ahead of a calm weekend, says NEXT Weather Meteorologist Joseph Dames.
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.
Overcast skies and northwest winds with gusts up to 35 mph will make the Twin Cities feel chilly on Thursday.
Flame Mobile Kitchen is embracing fall flavors.
Thanksgiving travel is about to take off.
On this Give to the Max Day, schools and nonprofits are looking for your help. That includes the pets and the people who care for them at the Animal Humane Society.
Starting this weekend, Santa arrives via vintage fire truck and the magic begins.
Cold winds and clouds will linger on Thursday.