Federal Reserve holds interest rates steady, but trims growth outlook
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
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Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
CBS News business analyst Jill Schlesinger previews the meeting.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
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.
Expected Federal Reserve rate cuts this week could mean relief for consumers.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
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.
Inflation-weary consumers have also been slammed by high borrowing costs, but the Fed is cautious about sticky inflation.
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.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
A police chase that began in Golden Valley overnight Wednesday ended with both the suspect vehicle and an officer in a cruiser crashing into the Federal Reserve Bank building in downtown Minneapolis.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
Jeff Wagner talks with financial advisor Greg McBride about the Federal Reserve’s decision not to raise interest rates.
Tuesday is Disability Advocacy Day in Minnesota, so WCCO found out how to respectfully interact with people who have disabilities.
From playing on local fields to making history on the professional stage, Mubashir "Muba" Nour is proving that no dream is too big, and no goal is too far out of reach.
Jack Eichel scored three goals for his fifth career hat trick as the Vegas Golden Knights defeated the Minnesota Wild 5-1.
Minnesotans are one step closer to seeing cannabis shops popping up in more locations around the state.
Demand for help at Merrick Community Services is continuing to climb, and food shelf visits have doubled in just two years' time.
From playing on local fields to making history on the professional stage, Mubashir "Muba" Nour is proving that no dream is too big, and no goal is too far out of reach.
Demand for help at Merrick Community Services is continuing to climb, and food shelf visits have doubled in just two years' time.
Since the policy change, the lawsuit claims at least 46 books were removed or are in the process of being removed from St. Francis schools.
When a 17-year-old Minnesota boy got sick with a mysterious illness, his mom went on a quest for answers.
A 21-year-old Minneapolis man is accused of committing multiple thefts across the Twin Cities metro, totalling tens of thousands of dollars.
Minnesota Gov. Tim Walz called a special election in late April for the Brainerd Lakes-area seat vacated by former GOP state Sen. Justin Eichorn, who faces a federal charge for allegedly soliciting a teenager for sex.
Minnesota transportation officials have issued a warning for fake E-ZPass messages that they say are "targeting everyone."
A federal judge in Minnesota has blocked the release of a former state senator accused of soliciting a teenage girl for sex after he allegedly tried to obstruct the investigation.
Five people are facing felony charges after alleged attempts to solicit minors for sex in Washington County, according to the sheriff's office.
H5N1, also known as bird flu, has been found in a Stearns County dairy herd, according to the Minnesota Department of Agriculture.
A high-stakes election for the Wisconsin Supreme Court has become the most expensive judicial election in American history, but not without controversy.
The bill's author said it stems from reports that Elon Musk is offering people money to sign a petition "against activist judges."
Abortion has been top of mind for many voters casting early ballots in the race for a seat on the Wisconsin Supreme Court.
Wisconsin voters are casting the first ballots in a pivotal state Supreme Court race that will determine whether liberal or conservative justices control the highest court in the crucial presidential battleground.
The fields for the NCAA basketball tournaments are set, and while the Minnesota men won't be dancing, some other local teams have punched their ticket.
WCCO-TV and I-Team alum Caroline Lowe was inducted into the 2025 Minnesota Broadcasters Hall of Fame by another 'CCO alum, Pat Kessler, on Wednesday.
Jeff Birkel got hooked on running in his 30s, but after getting diagnosed with ALS, things changed. Soon, his sons had an idea to get their dad qualified as a handicapped athlete in the Boston Marathon.
Five years ago this week, our world shut down as COVID-19 swept the country. It was a time of loss and change that hit all of us — and all of us have memories of how the virus upended our lives.
Decades of militant rule and ongoing conflict in Burma have sent nearly 20,000 Karen people to resettle in the Twin Cities since the early 2000s. It's conflict the four students were able to experience up close once again with a month-long trip to Southeast Asia.
Giacomo Naylor gave everything to his loved ones — his mom, younger siblings Lukas and Isadora — up until Jan. 25 at 2:28 a.m. while on "G's Last Stand" — a coast-to-coast road trip they took because he did not want to die in a hospital.
Minnesotans are one step closer to seeing cannabis shops popping up in more locations around the state.
Trump has signed an executive order requiring documentary proof of citizenship to register to vote in federal elections and mandating that all ballots be received by Election Day.
A high-stakes election for the Wisconsin Supreme Court has become the most expensive judicial election in American history, but not without controversy.
The richest man in the world is using his deep pockets to try to sway next month's Wisconsin Supreme Court race. Elon Musk is offering $100 to anyone who signs a petition against what he calls "activist judges." Now, a DFL senator wants to ban that sort of influence here in Minnesota.
Elon Musk has been canvassing for Republican Wisconsin Supreme Court candidate, Brad Schimel, offering people $100 if they sign a petition "against activist judges" in Wisconsin.
Minnesotans are one step closer to seeing cannabis shops popping up in more locations around the state.
About a year-and-a-half after closing its northeast Minneapolis taproom, Dangerous Man Brewing Co. says it will cease operations completely.
For nearly 10 years, Iron Door Pub has stood at Lyndale Avenue and Lake Street. But now, it's shutting it's doors for good.
A group of south Minneapolis renters are demanding action from their building's management company, alleging major maintenance issues are being ignored and tenants are being threatened with eviction.
Food insecurity is at an all-time high in Minnesota. As that need continues to grow, lawmakers are pushing for more support.
A 21-year-old Minneapolis man is accused of committing multiple thefts across the Twin Cities metro, totalling tens of thousands of dollars.
Minnesota Gov. Tim Walz called a special election in late April for the Brainerd Lakes-area seat vacated by former GOP state Sen. Justin Eichorn, who faces a federal charge for allegedly soliciting a teenager for sex.
Minnesota transportation officials have issued a warning for fake E-ZPass messages that they say are "targeting everyone."
A federal judge in Minnesota has blocked the release of a former state senator accused of soliciting a teenage girl for sex after he allegedly tried to obstruct the investigation.
Luigi Mangione is asking for a laptop in jail to view material as he awaits trial in the killing of UnitedHealthcare CEO Brian Thompson.
Tuesday is Disability Advocacy Day in Minnesota, so WCCO found out how to respectfully interact with people who have disabilities.
When a 17-year-old Minnesota boy got sick with a mysterious illness, his mom went on a quest for answers.
More than one-third of Americans have turned to apps or devices to track the quality of their sleep.
The transcranial doppler tool uses ultrasound to look at blood flow in the brain's major arteries — and unlike other procedures, it's minimally invasive and doesn't expose patients to radiation.
H5N1, also known as bird flu, has been found in a Stearns County dairy herd, according to the Minnesota Department of Agriculture.
On Wednesday, the best of All Elite Wrestling step into center ring at the Roy Wilkins Auditorium.
Students at St. Paul's Open World Learning School are learning about sustainability through the creation of an interactive play addressing the decisions people make and how they impact the environment.
The Jonas Brothers announced Sunday a tour across North America to celebrate their 20-year career with a stop in the Twin Cities.
A lawyer for the two songwriters suing Mariah Carey said they will "make a decision shortly on whether to appeal."
Want to catch the 2025 NCAA March Madness tournament? Here's how to stream the college basketball games for free.
From playing on local fields to making history on the professional stage, Mubashir "Muba" Nour is proving that no dream is too big, and no goal is too far out of reach.
Jack Eichel scored three goals for his fifth career hat trick as the Vegas Golden Knights defeated the Minnesota Wild 5-1.
The Harding High School boys’ basketball team just finished a historic season with their first-ever state tournament appearance, and it shares extra special meaning for head coach Stephen Solaja.
With Sam Darnold joining the Seattle Seahawks and a brief dalliance with Aaron Rodgers seemingly ended — or at least on pause — the assumption is the Minnesota Vikings will enter next season with J.J. McCarthy as their starting quarterback. According to McCarthy himself, though, that's not a sure thing.
Jake Oettinger shut out his home-state team stopping 32 shots.
Immigration is dominating national headlines these days, but in Minnesota, there is a different debate raging: what rights, if any, should undocumented residents have?
Minnesota has been at the forefront of passing laws to make life for the estimated 81,000 undocumented residents in the state easier.
Universities across the country are facing unprecedented times, including federal scrutiny and massive funding cuts.
Universities across the country are facing unprecedented times, including federal scrutiny and massive funding cuts. In Talking Points, Esme Murphy spoke with Dr. Rebecca Cunningham, the University of Minnesota president, about the challenges they face.
A Minnesota man who was fired from his federal job as part of President Trump's federal layoffs should get his job back because of a new federal court order, but he says it is unclear if or when the Trump administration will follow the court's directive.
South of Hastings, Minnesota, there's a town without a single resident and there are businesses that don't sell a single thing. Yet people can't wait to visit, and once here, they don't want to leave.
Lovers of old-school records in the Twin Cities, listen up: you can get a record made in your own backyard.
A partnership between the American Legion and a horseshoe club is putting Becker, Minnesota, on the map.
If you've been to the University of Minnesota, you can't miss the Weisman Art Museum. It stands out in more ways than one.
How about spending Valentine's Day, in a dome? You can do it in Pine City. The Sweetbriar Ridge offers couples a unique glamping getaway.
Tuesday is Disability Advocacy Day in Minnesota, so WCCO found out how to respectfully interact with people who have disabilities.
More than one-third of Americans have turned to apps or devices to track the quality of their sleep.
Nearly 1.3 million Minnesotans — about one-quarter of the state — rely on Medicaid.
The start of spring kicks off a nasal nuisance for many people, but one drug meant to clear congestion has struggled to do its job. Here's what drugs work best to help you breathe better.
Anglers are counting down the days to May 10 after the Department of Natural Resources announced you can keep two walleyes daily on Lake Mille Lacs this year.
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 temperatures will continue to warm steadily before a potential weekend storm.
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.
WCCO meteorologist Chris Shaffer says we will continue to warm the next few days into the 50s and 60s.
The Twin Cities will continue to warm into the 50s this week, and eventually into the 60s by the weekend, says meteorologist Chris Shaffer.
As temperatures warm up again this week, many are starting to dream of spring flowers. There are many beautiful flowers that pop up as the spring days grow warmer, tulips, daffodil, crocus and hyacinth.
WCCO meteorologist Chris Shaffer says temperatures will continue to warm steadily before a potential weekend storm.
There's a chance you or someone you know has some sort of disability. The number of Americans who have them is on the rise. Susan-Elizabeth Littlefield found out how to respectfully interact with people who have them.
From pastime to professional, a hometown kid is getting his shot at the big leagues. WCCO's Ubah Ali introduces us to Muba Nour, a Somali-American athlete making history on the soccer field.
Minneapolis police are actively investigating a series of violent robberies and car thefts that have shaken the city over the past two days. At least 13 robberies and one auto theft have been reported. WCCO's Kirsten Mitchell spoke with a victim who saw her purse on surveillance video and is urging people to be vigilant.
The sheriff's office says the inmate collapsed while "being attended to" by staff.