U.S. stocks rally to close higher after sharp selloff
"A sustained rally is likely to require clear evidence that inflation is on a downward trend," a UBS analyst said.
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"A sustained rally is likely to require clear evidence that inflation is on a downward trend," a UBS analyst said.
House Speaker Nancy Pelosi has made her controversial visit to Taiwan despite threats from the Chinese government. CBS News' David Begnaud and Debra Alfarone speak with CBS News chief White House correspondent Nancy Cordes and CBS News contributor Isaac Stone Fish on the implications of this closely watched trip.
Pelosi said her visit was meant to honor "America's unwavering commitment to supporting Taiwan's vibrant Democracy."
The U.S. House speaker is expected to visit the island China claims as its own. But Beijing has been adamant in warning that she shouldn't.
The U.S. women's hockey Olympic team has been finalized. A Minnesota-heavy roster was unveiled at the Winter Classic, outdoors in the state of hockey.
The Minnesota Department of Agriculture (MDA) on Monday announced that Minnesota residents have reported receiving unsolicited packages of mystery seeds appearing to come from China.
The coronavirus outbreak in China has led to a drop in crude oil prices, which has a ripple effect in the United States.
So far more than 500 American have been taken out of Wuhan, China: the epicenter of the coronavirus outbreak. But for those still there, time is running out.
The Wisconsin Department of Health Services has confirmed the first case of coronavirus in Wisconsin.
Within days of Yulin Yin arriving in Wuhan, China to visit his family, there was a mandatory evacuation.
In response to concerns over the coronavirus, the University of Minnesota is suspending all student travel and education abroad programs in China for the spring semester.
Delta Air Lines announced Friday that it will be temporarily suspending all U.S. to China flying beginning Feb. 6 through April 30.
Luo Daiqing, 20, attended the University of Minnesota during the 2018 to 2019 school year, according to Axios.
Minnesota pork and soybean farmers call the trade deal signed with China Wednesday "positive" and "tangible progress."
A new monthly survey of business leaders suggests the economy is slowing down in nine Midwest and Plains states as the U.S. trade war with China continues.
According to the advocacy group, Tariffs Hurt the Heartland, Minnesota businesses have paid an extra $704 million in import taxes on products subject to the Trump Administration tariffs. That includes $72 million just in September.
China says it would not impose additional tariffs on U.S. pork, soybeans and other agricultural commodities.
When President Donald Trump's administration announced a $12 billion aid package for farmers struggling under the financial strain of his trade dispute with China, the payments were capped. But many large farming operations had no trouble finding legal ways around them, records provided to The Associated Press under the Freedom of Information Act show.
The growing trade war between the U.S. and China could well become the "Grinch Who Stole Christmas." At least that's the fear of the American toy industry, which is meeting in the Twin Cities this week.
Best Buy's outgoing CEO warned Thursday that U.S. shoppers will likely see prices rise if the next round of tariffs on Chinese goods happens.
Companies were bracing Monday for how Beijing might retaliate against President Trump's escalation of a fight over technology and trade that threatens to disrupt a Chinese economic recovery.
Earlier Friday, the U.S. increased tariffs on approximately $200 billion worth of Chinese goods from 10 percent to 25 percent.
After the U.S. increased tariffs from 10 percent to 25 percent on $200 billion worth of Chinese goods, President Donald Trump said Friday that the "process is in place" to levy an expanded round of tariffs on effectively the remainder of Chinese imports, totaling $325 billion.
Trump tweeted that he intended to hike tariffs on Chinese goods to 25 percent from 10 percent put in place in September.
President Donald Trump says he will pull United States from the Intermediate-Range Nuclear Forces Treaty with Russia.
Steven Thal has spent decades in immigration court. Recently, he said he shed a rare tear as a judge denied asylum to a family who say they came to Minnesota to escape sexual violence and extortion.
Beef prices have climbed to record highs this year, and consumers are noticing.
The small Minnesota town of Pine City is being recognized for its role in making history by launching the first rural pride celebration in the United States.
Davis Martin allowed one run on two hits over six innings to win his sixth straight decision as the Chicago White Sox cruised to a 6-2 win over the Minnesota Twins.
Both parties begin the endorsement process today in Rochester and Duluth, with the August primary just two months away.
Steven Thal has spent decades in immigration court. Recently, he said he shed a rare tear as a judge denied asylum to a family who say they came to Minnesota to escape sexual violence and extortion.
Five men were arrested Thursday, three of whom are facing criminal charges, in connection to what the ATF says was "a rolling gun battle" that send dozens of families scrambling for safety earlier this month after a graduation ceremony in St. Paul, Minnesota.
At a monastery in the Himalayan foothills, a teenage Buddhist lama blesses thousands. Just six months earlier, thousands of miles away, this same young man was pulling all-nighters to play Madden NFL on his Xbox at his home near Minneapolis.
A suspect is in custody in connection to Wednesday's shooting outside of a Twin Cities Eid al-Adha prayer service, which killed 26-year-old union leader Khalid Ibrahim Abdi.
Hours after the announcement, community members were eager to learn more about the one challenged with leading the most scrutinized police department in the country.
Steven Thal has spent decades in immigration court. Recently, he said he shed a rare tear as a judge denied asylum to a family who say they came to Minnesota to escape sexual violence and extortion.
Beef prices have climbed to record highs this year, and consumers are noticing.
The small Minnesota town of Pine City is being recognized for its role in making history by launching the first rural pride celebration in the United States.
Both parties begin the endorsement process today in Rochester and Duluth, with the August primary just two months away.
Minneiska, Minnesota, is a small river town on Highway 61 near the Mississippi River, but at one point it was home to a castle.
A Minnesota man was arrested in Wisconsin Saturday afternoon for allegedly driving under the influence with four children inside his car, officials say.
A driver went airborne during a high-speed police chase in Fond du Lac, Wisconsin, after fleeing a traffic stop.
Fifty beagles rescued from animal testing in Wisconsin are set to arrive in Minnesota Thursday.
A 100-mile stretch of Mississippi River towns is hosting its annual 100 Mile Garage Sale this weekend, drawing shoppers and sellers from across the region and beyond.
Minnesota animal rescues are stepping up to take in dogs from a Wisconsin research facility accused of animal abuse.
Hours after the announcement, community members were eager to learn more about the one challenged with leading the most scrutinized police department in the country.
Created by Freedom Reads, a nonprofit organization in Connecticut, the Inside Literary Prize is the first major U.S. book award decided exclusively by incarcerated readers.
A 23-year-old man from Brooklyn Park, Minnesota, faces a criminal vehicular homicide charge after prosecutors say he hit and killed a person on a highway, then fled.
Quincy Street isn't just at the center of Art-A-Whirl, it's at the heart of the Arts District in northeast Minneapolis. The road itself, however, is falling apart. And the only thing bumpier than the exposed brick is the reaction to the city's plans to fix it.
Somali and Muslim leaders in Minnesota played a threatening voicemail at a public gathering Friday, saying businesses in their community are being targeted with messages warning of death.
Minnesota's election season officially kicks off this week as both major parties hold conventions to endorse candidates for governor and U.S. Senate, with competitive battles on the Republican side and clearer paths for Democrats.
Both parties begin the endorsement process today in Rochester and Duluth, with the August primary just two months away.
Some artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
Friday, the Democratic and Republican parties begin the process of endorsing nominees for statewide offices.
Gov. Tim Walz on Wednesday signed a bill into law that makes grooming a felony in Minnesota, legislation introduced after a WCCO investigative series.
If you're holding back on spending or worried about losing your job, you are not alone. U.S. consumer sentiment just hit an all-time low this month.
The Minnesota Department of Natural Resources says its new "modern and secure" licensing system will launch next month, with fishing and hunting licenses first up.
As Minnesotans get ready for Memorial Day weekend and travel, they're also keeping an eye on gas prices.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
The federal commodities regulator filed suit against Minnesota to stop a new state law, signed by Gov. Tim Walz, that would criminalize operating or participating in prediction markets starting Aug. 1.
Five men were arrested Thursday, three of whom are facing criminal charges, in connection to what the ATF says was "a rolling gun battle" that send dozens of families scrambling for safety earlier this month after a graduation ceremony in St. Paul, Minnesota.
A suspect is in custody in connection to Wednesday's shooting outside of a Twin Cities Eid al-Adha prayer service, which killed 26-year-old union leader Khalid Ibrahim Abdi.
After one Minnesota city successfully staved off a recent "park takeover," another says it was targeted by the trend.
Gerald Patrick Heaney, 65, is facing two counts of fifth-degree criminal sexual conduct.
Gov. Tim Walz on Wednesday signed a bill into law that makes grooming a felony in Minnesota, legislation introduced after a WCCO investigative series.
It's safe to say the Land of 10,000 Lakes offers some of the best summer weather in the country, but oppressive heat and smoke — particularly in recent years — can have negative impacts.
Minnesota Gov. Tim Walz went to Hennepin County Medical Center in Minneapolis Wednesday to talk about how the state is going to help the hospital financially.
Minnesota has legalized marijuana. Could magic mushrooms be next?
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
It comes after insurers stopped paying for their kids' daily care, which they argue was covered as part of a 15-year-old state law. As the end of the Minnesota session nears, lawmakers have four days to make a change.
Some artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
WWE superstar Tiffany Stratton grew up in Prior Lake, Minnesota, and focused on another sport before becoming a champion in the ring.
Davis Martin allowed one run on two hits over six innings to win his sixth straight decision as the Chicago White Sox cruised to a 6-2 win over the Minnesota Twins.
Both QBs spoke to the media this week as the Vikings begin organized team activities, the first real chance for the team to get on to the field together in the offseason.
Courtney Williams had 25 points and seven assists, Natasha Howard added 22 points and eight rebounds, and the Minnesota Lynx beat the Atlanta Dream 96-81.
Munetaka Murakami went 2 for 4 with a solo homer. His 20 home runs are tied with Gary Sánchez (New York Yankees, 2015-16) and Wally Berger (Boston Braves, 1930) for second in MLB history through 55 career games.
Mahtomedi baseball has played in the state championship game six times over the last ten years, and won three of them. This season, trying to go back-to-back.
Minnesota's election season officially kicks off this week as both major parties hold conventions to endorse candidates for governor and U.S. Senate, with competitive battles on the Republican side and clearer paths for Democrats.
Both parties begin the endorsement process today in Rochester and Duluth, with the August primary just two months away.
Friday, the Democratic and Republican parties begin the process of endorsing nominees for statewide offices.
Minnesota's 2nd Congressional District is the only open district in the state. Incumbent Democrat Angie Craig is leaving the seat to run for the U.S. Senate.
Minnesota's Second Congressional district is a combination of suburbs like Lakeville, as well as smaller cities and farming areas in Scott and Le Sueur Counties — and Republicans say this year is their turn to win it back.
Minneiska, Minnesota, is a small river town on Highway 61 near the Mississippi River, but at one point it was home to a castle.
The sign is 51 feet tall and 63 feet wide. And when it was built 85 years ago it was one of the largest neon signs in the entire country.
There's a place in Wabasha County, Minnesota, where people go wild for wildflowers.
For nearly 50 years, Farmamerica has been sowing agricultural knowledge near Waseca, Minnesota.
The carillon has 56 bells, and the Mayo Clinic said that makes it one of the largest instruments in the world and the largest instrument in Minnesota.
If you're holding back on spending or worried about losing your job, you are not alone. U.S. consumer sentiment just hit an all-time low this month.
We can't control the prices are the grocery store, but what we can control is how to stretch that hard earned dollar, especially when shopping for fruits and vegetables. So what's the best way to keep fruits and vegetables fresh?
If Minnesota lawmakers won't vote on a bill, why can't the people? That's what Carol from Stillwater wants to know after the gun reform bill never made it to the House floor. In Good Question, Jeff Wagner explains how statewide ballot measures are created.
Dozens of recreational marijuana dispensaries can now be found across Minnesota. Many of them opened last year, but it's still relatively new. And if you've visited dispensaries in other states, the rules can be different.
President Trump's idea to save drivers a few dollars at the pump could cost them in the long run.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
We hit 80 again today, well above average. The run of 80-degree days stretches on through the weekend and into next week. Chief meteorologist Chris Shaffer breaks down the next few days and shares when we could see some much-needed rain.
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.
Much of Minnesota will stay warm and dry for the next several days thanks to an "omega block," says NEXT Weather meteorologist Chris Shaffer.
The Omega Block in place will keep us warm and dry for the next several days, WCCO meteorologist Mike Augustyniak reports.
Expect a mostly sunny sky this afternoon with highs well above average in the mid-80s.
We hit 80 again today, well above average. The run of 80-degree days stretches on through the weekend and into next week. Chief meteorologist Chris Shaffer breaks down the next few days and shares when we could see some much-needed rain.
New definition for asylum are making it harder for those to obtain it.
Much of Minnesota will stay warm and dry for the next several days thanks to an "omega block," says NEXT Weather meteorologist Chris Shaffer.
Thursday is a major milestone for a Twin Cities news anchor you've welcomed into your homes for decades.
The small Minnesota town of Pine City is being recognized for its role in making history by launching the first rural pride celebration in the United States.