Inflation, high interest causing weak revenue trends in Minnesota
The Federal Reserve Bank of Minneapolis shared the results of its latest survey on Tuesday involving six states, including Minnesota and parts of Wisconsin.
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The Federal Reserve Bank of Minneapolis shared the results of its latest survey on Tuesday involving six states, including Minnesota and parts of Wisconsin.
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
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.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
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.
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.
Higher interest rates and heavy government spending is leading to ballooning interest payments on the nation's debt.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
CBS News business analyst Jill Schlesinger discusses the latest economic developments.
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 stabilized interest rates Wednesday, which could bring in more buyers, but that doesn't mean the process will be easier or cheaper any time soon.
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.
With road work back in full swing, enforcement of work zone laws is increasing, too.
A federal agency focused on volunteerism and service is one of the latest targets of cost-cutting efforts by the Trump administration.
The Minnesota Vikings added some talent at the offensive line in the first round of the 2025 NFL draft, taking Donovan Jackson out of Ohio State at pick No. 24.
Federal prosecutors on Thursday filed a formal notice of intent to seek the death penalty for Luigi Mangione in the murder of UnitedHealthcare CEO Brian Thompson.
It's proof you can make friends at any age: A couple of World War II veterans from Minnesota and Wisconsin struck up a friendship well after they turned 100.
A federal agency focused on volunteerism and service is one of the latest targets of cost-cutting efforts by the Trump administration.
It's proof you can make friends at any age: A couple of World War II veterans from Minnesota and Wisconsin struck up a friendship well after they turned 100.
E'shaun Maurice Funches pleaded guilty to one count each of second-degree murder and illegal possession of a firearm last month for the Dec. 13, 2023, shooting.
A man from Independence, Minnesota faces charges in connection to a lockdown at M Health Fairview Southdale Hospital in Edina on Tuesday afternoon.
With its ample green space, vibrant arts and food scenes and generally genial denizens, is it any wonder Minneapolis ranks among the world's happiest cities?
The Minnesota DFL alleges she ignored campaign contribution limits by accepting more than the maximum allowed from nine different donors.
Steelhead are a type of rainbow trout that head to the Knife River to spawn. But fewer and fewer have been making that trek in recent years.
The three areas were scheduled to be aerially managed this spring with an insecticide used to kill spongy moth caterpillars, but federal funding delays and uncertainties forced the department of agriculture to pivot, officials say.
When will your neighborhood store be open for recreational sales? For those dreaming of green in dollars with a new small cannabis business, they're stuck waiting.
A southern Minnesota woman faces manslaughter charges in connection with "Baby Angel," a newborn found dead in the Mississippi River more than a decade ago.
It's proof you can make friends at any age: A couple of World War II veterans from Minnesota and Wisconsin struck up a friendship well after they turned 100.
Guidance from the Democratic governor of Wisconsin's administration to state employees about what to do if immigration officials or other federal agents show up at their workplace is drawing fire from Republicans.
The bull elk was found on private property in Black River Falls on March 18.
Wisconsin health officials are calling a significant spike in congenital syphilis over the last several years "especially concerning."
The Wisconsin Supreme Court has ruled that the Democratic governor legally used the state's uniquely powerful veto to lock in a school funding increase for 400 years.
The 17 crop art portraits on display depict themes of civic engagement, justice and community.
The birth of a child is typically the happiest day in a parent's life. But for a Minneapolis family, it started a mother's fight for her life.
Joan Jett and the Blackhearts, Cheap Trick and Ludacris are slated to headline Taste of Minnesota this year.
Low enrollment at Chelsea Heights Elementary School has impacted funding for music and arts programs, leaving staff to figure out how they will still deliver creative classes for students.
Avianah Drakeford was born with sickle cell disease, a genetic disorder that negatively affects how blood moves around the body. It's not life-threatening, but it is life-altering.
A federal agency focused on volunteerism and service is one of the latest targets of cost-cutting efforts by the Trump administration.
A longstanding battle to protect Minnesota's forests is facing a serious setback. Reporter Beret Leone and photojournalist Ray Campos explain how federal cuts are allowing invasive species to spread.
A federal agency focused on volunteerism and service is one of the latest targets of cost-cutting efforts by the Trump administration. Our Frankie McLister is here to tell us about the impacts that could be felt in Minnesota.
The Minnesota DFL alleges she ignored campaign contribution limits by accepting more than the maximum allowed from nine different donors.
Columbia University activist Mahmoud Khalil's attorneys are asking an immigration judge to terminate his deportation case.
Pork carnitas products sold at Aldi stores nationwide maybe contaminated with pieces of metal, according to a public health alert from the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS).
While 4/20 is a celebratory time for her, My Little CBD Co., owner Lynn Bialick said she is surprised at how long it's taking just to set up a cannabis marketplace.
Target's chief executive officer has met with the Rev. Al Sharpton, whose civil rights organization has encouraged consumers to avoid U.S. retailers that scaled backed their diversity, equity and inclusion initiatives.
A Minnesota company is offering the chance to own never-before-seen pieces of music history.
A company that makes baby food for Target is recalling more than 25,000 packages of a product because it may contain elevated levels of lead.
E'shaun Maurice Funches pleaded guilty to one count each of second-degree murder and illegal possession of a firearm last month for the Dec. 13, 2023, shooting.
A federal judge in California issued a preliminary injunction Thursday blocking the Trump administration from pulling funds from so-called "sanctuary cities" in response to a lawsuit brought by San Francisco and other local governments across the U.S.
X, the Elon Musk-owned social media site formerly known as Twitter, is suing Minnesota Attorney General Keith Ellison over a state law regulating the use of "deepfakes" to influence elections.
A southern Minnesota woman faces manslaughter charges in connection with "Baby Angel," a newborn found dead in the Mississippi River more than a decade ago.
A man from Independence, Minnesota faces charges in connection to a lockdown at M Health Fairview Southdale Hospital in Edina on Tuesday afternoon.
It's only the second case in the state this year, following 70 cases in 2024 — the second highest total in the past 15 years.
In 2019, city officials in Northfield, Minnesota said the town's water supply tested for high levels of manganese.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
Pork carnitas products sold at Aldi stores nationwide maybe contaminated with pieces of metal, according to a public health alert from the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS).
Applications for free state health care by undocumented Minnesota residents are exceeding expectations.
A series of timeless movie trailers has inspired a Minnesota filmmaker to produce a documentary about their history.
Minnesotans love to claim Bob Dylan as their own, but they may want to think twice about sharing a quote on Pope Francis purporting to be from the iconic musician.
Meghan Trainor will perform at the Grandstand this year, the Minnesota State Fair announced.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
Monday marks nine years since the death of Minnesota superstar Prince, and his former home and recording studio marked the occasion by inviting fans for a day of remembrance.
The Minnesota Vikings added some talent at the offensive line in the first round of the 2025 NFL draft, taking Donovan Jackson out of Ohio State at pick No. 24.
Lenyn Sosa and Miguel Vargas homered as the Chicago White Sox beat the Minnesota Twins 3-0 in a game that was shortened to seven innings because of rain.
A Minneapolis teacher is helping high school basketball players get one more look from college coaches.
The 2025 NFL draft begins Thursday night, and dedicated football fans are researching with excitement about all the different possibilities their team can make through the form of mock drafts.
Here's a look back at every draft pick Adofo-Mensah has made with the Vikings since taking over as general manager in 2022.
Minnesota legalized recreational marijuana in 2023, and at the time the state said stores could be open as early as March of this year, but the licensing for retail cannabis shops continues to be delayed.
When will your neighborhood store be open for recreational sales? For those dreaming of green in dollars with a new small cannabis business, they're stuck waiting.
To the dismay of small business owners, retail shop licensing continues to be delayed. In Talking Points, Esme Murphy spoke with Andrew Caruthers, the owner of Twin Cities High in Golden Valley, who is waiting in limbo.
The U.S. House recently passed the SAVE Act, which requires proof of citizenship to vote. The bill has resulted in a heated debate on what ID requirements should be needed to vote.
The U.S. House recently passed the SAVE Act, which requires proof of citizenship to vote.
Jay Cooke State Park in Carlton County, Minnesota, is turning 110 years old this year.
Easter is this weekend, and chances are a park in rural Redwood County will be a popular destination.
April 15 will be the 113th anniversary of the day the Titanic sank in the North Atlantic, taking with it 1,500 lives. From news to movies, people still marvel over what happened.
It's sap-tapping season in our state. In this week's Finding Minnesota, John Lauritsen shows us how an Otter Tail County man landed in the Maple Syrup Hall of Fame.
In this week's Finding Minnesota, John Lauritsen shows how one group is unearthing a bit of history.
With road work back in full swing, enforcement of work zone laws is increasing, too.
Electrical currents travel in an instant, but the effort to ensure that electricity is generated in a carbon-free way is a years-long journey.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
A sure sign of spring might be flowing outside your home starting Wednesday. Streets will be soaked, but it won't be thanks to Mother Nature — fire hydrants are getting flushed.
No matter how you take your coffee, there are endless ways to create the morning staple.
A spring snowstorm dropped several inches of plowable snow overnight in the Twin Cities and other parts of Minnesota.
Six Minnesota Vikings made the initial roster for the 2025 Pro Bowl Games, the most in 15 years.
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.
WCCO meteorologist Chris Shaffer says rain showers will clear out overnight and clouds will clear out tomorrow with highs near 60.
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.
Here's a look at your latest forecast, including when you can expect severe weather to move in on Monday.
Rain showers will clear out overnight and the clouds will follow on Friday.
A high pressure system returns Friday, allowing for a dry day with sunshine returning in the afternoon.
WCCO meteorologist Chris Shaffer says rain showers will clear out overnight and clouds will clear out tomorrow with highs near 60.
A mallard-mom made herself comfortable and laid some eggs over the past few days.
A longstanding battle to protect Minnesota's forests is facing a serious setback. Reporter Beret Leone and photojournalist Ray Campos explain how federal cuts are allowing invasive species to spread.
Critters not commonly seen around these parts found themselves in a prickly situation.
Drive anywhere in the metro and you'll see construction season is well underway! That means more orange barrels, traffic delays, and increased danger for both drivers and road workers. What are the laws for work zones in Minnesota? Good Question.