U.S. economy grows 2.3% in last quarter, latest GDP data shows
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
Watch CBS News
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
A number of popular restaurants in St. Paul announce imminent closures.
Bargain hunters are busy amid seasonal discounts and "going out of business" sales by at least two retailing chains.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
A growing number of unemployed workers have been searching for a new job for more than 15 weeks, labor data shows.
Agribusiness giant Cargill is laying off thousands of its employees.
GasBuddy's Patrick De Haan says Canadian tariffs would mean Minnesotans will pay between 35 and 50 cents more per gallon for gas, depending on the season, because a majority of the state's crude oil comes from Canada.
President-elect Donald Trump says countries that allow illegal drugs and migrants past our borders will pay. He's vowed to make good on an election promise of charging a new tarrif to the U.S.'s three largest trading partners. Jason Rantala looks at what those new international fees could cost us.
The state continues to do well in key workforce statistics.
Trump's election victory was a product of voter discontent with the state of the country, the economy and a desire for change, and he made inroads with some Democratic groups.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.
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.
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
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.
As Minnesota's governor, Tim Walz created the largest state Child Tax Credit in the nation. Here are the economic issues to listen for at the debate.
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.
Raising a child in the U.S. costs hundreds of thousands of dollars. Many younger Americans say they can't afford it.
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.
Perry, Iowa, grapples with the closure of a Tyson pork processing plant as many laid-off workers scramble for new employment.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.