How the war with Iran may impact the U.S. economy
As the war in Iran continues, gas prices keep climbing. University of St. Thomas associate professor Tyler Schipper talks about the costs to consumers across the country.
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As the war in Iran continues, gas prices keep climbing. University of St. Thomas associate professor Tyler Schipper talks about the costs to consumers across the country.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Minnesotans woke up to biggest increase in gas prices in more than four years. Last week, the average price at the pump for unleaded gasoline was $2.71 a gallon. According to AAA, the price jumped 16 cents in a day from $2.83 on Monday to $2.99 today. Reg Chapman looks at what it could mean for the busy driving season ahead.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
The U.S. Supreme Court struck down a key part of President Trump's economic plan late last week: tariffs. But the president fought back, slapping a 15% global tariff on imported goods.
A major setback for President Trump's tariffs has left Minnesota businesses and shoppers in limbo.
The U.S. Supreme Court on Friday ruled that President Trump's import tariffs are illegal. He fought back with a new 10% global tax, using a different power instead. Some economists fear the changes could lead to even more economic uncertainty. WCCO's Adam Duxter explains how the trade wars have made a mark across Minnesota businesses.
The Feeding our Future fraud case made national headlines and spurred a surge of ICE agents to Minnesota. Aimee Bock was convicted of leading the operation. Many of the others charged or convicted were Somali. We've been working for weeks to uncover the overall economic impact of Somalis in Minnesota. Here's what Susan-Elizabeth Littlefield found out.
Officials in Minneapolis say the city has experienced at least $203.1 million "in impact" as a result of federal immigration enforcement activity.
The Minneapolis Lake Street Council alone says they’ve lost $46 million in revenue since December, and are pleading with community members to spend money at local shops and restaurants.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
During his address, the president blamed Biden for increased costs at your house. He says things are looking up, and prices are coming down. But new CBS News polling out shows two-thirds of Americans think the economy is in bad shape. As Ashley Grams reports, most say the holidays will be harder to afford.
President Trump spoke about affordability and his economic agenda in the Poconos, in northeastern Pennsylvania, Tuesday night.
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
Des Moines Public Schools has released a report claiming it received an incomplete background check and a likely forged transcript when hiring former superintendent Ian Roberts.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
More than 2.2 million vehicles have already been repossessed this year, a number expected to climb past 3 million by the end of 2025, in line with the Great Recession.
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
Target is asking corporate employees to work from home next week. On Tuesday, the company will announce changes, including the elimination of around 1,800 corporate positions. Photojournalist Tony Peterson and Frank Vascellaro report.
Even though leaves are still falling from trees, Tuesday's brisk, chillier weather is a reminder that a Minnesota winter is right around the corner, at least in theory.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
A lawsuit was filed against Minneapolis, claiming the city, including Mayor Jacob Frey, have failed to hire enough police officers.
Minneapolis police are investigating a shooting that killed a 19-year-old man and injured a 16-year-old boy late Saturday night.
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
A cold front dropping south is bringing Minnesota back to reality with more seasonable temperatures on Sunday.
A lawsuit was filed against Minneapolis, claiming the city, including Mayor Jacob Frey, have failed to hire enough police officers.
Minneapolis police are investigating a shooting that killed a 19-year-old man and injured a 16-year-old boy late Saturday night.
Six days after the Twin Cities metro dug out from more than a foot of heavy wet snow, people are basking in the warmth of 70-degree temperatures.
Annunciation Catholic School shooting survivor, Victor Greenawalt, will receive a Citizen Honor Award from the Congressional Medal of Honor Society on Wednesday.
Minneapolis police are investigating after four teenagers were shot late Friday night.
Friday saw our warmest day of the year, so far. Saturday will see even warmer temperatures with highs potentially hitting the 70s.
Indoor hockey rinks, supermarkets, and even some medicines — those are just a few things that wouldn't be possible without Minnesota's own Frederick McKinley Jones.
Police in Oakdale, Minnesota, are investigating after two officers and two Hampton Inn hotel employees were taken to the hospital after being exposed to a substance believed to be fentanyl.
Authorities are investigating an alleged incident involving the Rogers High School boys' basketball team that occurred during travel to and from an away game.
Some Minnesota lawmakers want ticket resellers to face the music for charging exorbitant prices on the secondary market.
Wisconsin lawmakers are taking a shot at expanding sports betting in the state.
A Wisconsin legislator has pleaded no contest to a misdemeanor count of disorderly conduct in connection with a bitter feud with her caucus over resolutions honoring Hispanics.
As the war in Iran evolves, National Guardsmen from Wisconsin are being recognized for what they are doing in the Middle East.
It's the season for booking those spring break getaways, and if you're looking to skip the airport this year, take a page out of the Condé Nast Traveler.
A judge has sentenced a Wisconsin man who forged threats against President Donald Trump as part of a deportation scheme to 16½ years in prison.
Deputy Fire Marshal Shawn Johnson, 61, died March 5 after a two-year battle with job-related cancer, the Minnetonka Fire Department announced.
The Minnesota Department of Corrections says 95% of all incarcerated individuals will eventually be released from prison. The DOC says it does all it can to help people transition back into the community as productive citizens.
Minnesota native and World War II veteran Les Schrenk died earlier this week. He was 102 years old.
People from across the nation are traveling to the Twin Cities, but not as tourists. Many want to learn in person from Minnesota protestors to bring that knowledge back to their own cities.
The Edina wife and mother of three said she felt called to go and protest in south Minneapolis after learning that Alex Pretti had been shot and killed by two Border Patrol agents.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
Minnesota Republican State Sen. Julia Coleman testified before the Minnesota Senate Rules Committee last week in favor of a rule change that would allow senators to bring their children onto the Minnesota Senate floor to feed and care for them. Coleman and Democratic state Sen. Clare Oumou Verbeten talked about the effort with WCCO's Esme Murphy.
As the war in Iran continues, gas prices keep climbing. University of St. Thomas associate professor Tyler Schipper talks about the costs to consumers across the country.
The City of Minneapolis is facing a lawsuit claiming they don't have enough police officers on the job. The suit points back to a 2022 decision by the state supreme court. Ashley Grams has the new details as the city has fallen short on staffing since 2020.
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
Xcel Energy wants to increase rates for 492,000 natural gas customers in Minnesota. Customers can weigh in on the proposal during public hearings in April and May.
As fraud remains in focus in the Minnesota Legislature, the House on Monday unanimously approved a bill to repeal from state law a problematic program that prosecutors said was the target of a massive fraud scheme.
Delta is canceling flights at Midwest airports, including its Minneapolis-St. Paul hub, ahead of expected significant snow and winds starting Saturday evening through Sunday, the airline said Friday.
Minnesota House Speaker Emerita Melissa Hortman and her husband Mark were murdered in their home in June 2025. On top of grieving the sudden, tragic loss of his parents, Colin Hortman says the cleanup of his childhood home was a headache.
Data show that catalytic converter thefts are on the rise again in the Twin Cities.
Minneapolis police are investigating a shooting that killed a 19-year-old man and injured a 16-year-old boy late Saturday night.
Minneapolis police are investigating after four teenagers were shot late Friday night.
The killings of a mother and her young son were the culmination of about one and a half years of abuse, according to the words of Jennifer Marsaw herself.
A 22-year-old St. Paul man faces charges after a shooting at an apartment building Wednesday afternoon that left a man dead and a woman critically injured.
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
Deputy Fire Marshal Shawn Johnson, 61, died March 5 after a two-year battle with job-related cancer, the Minnetonka Fire Department announced.
Sacramento-based Sutter Health announced plans to acquire Minneapolis-based Allina Health, promising a $2 billion investment in Minnesota and Wisconsin, but healthcare unions say workers weren't consulted.
Hennepin County lawmakers plan to urge state legislators Wednesday morning to save Hennepin Healthcare, the state's busiest Level 1 trauma center, which officials say could close this year without immediate action.
Hennepin County lawmakers plan to urge state legislators Wednesday morning to save Hennepin Healthcare, the state's busiest Level 1 trauma center, which officials say could close this year without immediate action.
A northern California health nonprofit is planning to acquire Allina Health in a deal that was announced Tuesday.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Spring break does not have to mean big travel plans or big spending for families who head to the Walker Art Center in Minneapolis, where a new exhibit invites children to climb, crawl and create as part of the art experience.
Comedian Bert Kreischer is without a tour bus after his caught fire in Minnesota.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Vladimir Tarasenko scored 3:06 into overtime and the Minnesota Wild beat the Dallas Stars 2-1 on Saturday in what could be a first-round playoff preview.
Yes, the leaders of arguably the top two pound-for-pound high school squads in Minnesota also are co-head coaches of a fourth grade basketball team.
Minnesota survived a home-court scare by No. 13 seed Green Bay, getting 21 points from Amaya Battle and using a 30-point fourth quarter for a 75-58 victory in the first round of the NCAA Tournament.
Connor Bedard scored a goal and defenseman Alex Vlasic made a game-saving stop as time ran out as the Chicago Blackhawks beat the Minnesota Wild 2-1 to snap the NHL's longest active point streak for one team against another.
The Minnesota Vikings have agreed to terms on a new contract with quarterback Carson Wentz to bring back the 11th-year veteran for more depth after a problematic season at the vital position.
President Donald Trump has called the bill his number one priority and says it would prevent non-citizens from voting in the 2026 midterm elections.
Minnesota Secretary of State Steve Simon says non-citizen voting is extremely rare. He cited a University of St. Thomas study that found only three instances of non-citizens voting in Minnesota between 2014 and 2024.
The U.S. Senate has begun debate on a controversial elections bill that would require voters to show proof of citizenship with a birth certificate or passport. Minnesota Secretary of State Steve Simon says non-citizen voting is extremely rare. He cited a University of St. Thomas study that found only three instances of non-citizens voting in Minnesota between 2014 and 2024.
Talking Points is tracking a partisan push to end surveillance pricing this legislative session.
This session, a bipartisan bill to end surveillance pricing is moving forward at the Minnesota Capitol. In Talking Points, Esme Murphy spoke with Minnesota DFL Rep. Erin Koegel about the push and how the ban could protection your personal data.
The Nuss Collection is home to a lot of vintage trucks.
Denis Doyle was born in Kilkenny, Ireland. He emigrated to the U.S. and in 1856, Doyle traveled to Le Sueur County. Other Irish immigrants joined Doyle and the town was born.
One of the oldest operating theaters in the Midwest is in danger of closing its doors for good.
In St. Louis Park, Minnesota, there's a place where you can find radio and television technology that's nearly a century old — and it still works.
One of the best views in Minnesota is at the top of a Bloomington hill. But 15-year-old Jacob Larson isn't here for the scenery. He's here for the jump.
Heavy snow followed by bitter cold hit Minnesotans with a double whammy of winter. The good news is spring-like weather is right around the corner, but its quick arrival could spell trouble for homeowners.
Minnesota lakes remain frozen. The people walking on trails around them remain bundled up. After a warm start to March, the seasonal shift is sputtering as it often tends to do.
Drivers are bracing themselves for higher prices when they pull up to gas stations. But the pump isn't the only place you can expect to pay more in the weeks ahead.
A push for stricter gun laws in Minnesota is not new. However, this session comes on the heels of a devastating mass shooting last summer in which the target was students in prayer at Annunciation Catholic School in Minneapolis.
The military strikes against Iran have sparked intense debate in Congress. U.S. lawmakers are not only split on whether to support the operation but also on whether President Trump should have sought congressional approval in advance. WCCO investigates how the Constitution defines declarations of war.
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.
WCCO meteorologist Adam Del Rosso says a cold front dropping south is bringing us back to reality with more seasonable temps today.
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.
A cold front dropping south is bringing Minnesota back to reality with more seasonable temperatures on Sunday.
Sunday will stay closer to average with highs in the 40s. Meteorologist Adam Del Rosso shares when we start to climb back to the 50s.
Six days after the Twin Cities metro dug out from more than a foot of heavy wet snow, people are basking in the warmth of 70-degree temperatures.
Have you ever had an idea, an invention or a vision for a company? Most of us have, right? But it’s hard to go for it. Well, two moms had an idea about how to best keep their babies close and they went for it.
The Bloomington Kennedy Choir is home after an absolute huge week in Los Angeles for several different reasons. They became national champions and then things got complicated after a snowstorm impacted plans to get back home.
Here are the latest updates and headlines from WCCO.com.
WCCO meteorologist Adam Del Rosso says a cold front dropping south is bringing us back to reality with more seasonable temps today.
Minnesota Republican State Sen. Julia Coleman testified before the Minnesota Senate Rules Committee last week in favor of a rule change that would allow senators to bring their children onto the Minnesota Senate floor to feed and care for them. Coleman and Democratic state Sen. Clare Oumou Verbeten talked about the effort with WCCO's Esme Murphy.