What did the Federal Reserve decide on interest rates?
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 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.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
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.
A new Federal Reserve survey on economic confidence shows a record number of people say they’re not doing “at least OK financially.” University of Minnesota Professor Paul Vaaler reality check things when it comes to inflation -- and how we're doing.
President Biden is hoping to stack the Central Bank with its top governors as it continues working to stem inflation.
This weekend, more than 80 venues across Minneapolis will open up their doors to the public. It's all part of its Doors Open weekend event, where the public will be able to explore places they generally can't go. One of those spots is the Federal Reserve Bank of Minneapolis.
Latest hike brings the U.S central bank's benchmark interest rate to its highest level in 16 years.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Autopsy says central bank didn't appreciate "seriousness of critical deficiencies" in SVB's governance, contributing to the failure.
Stocks closed lower following latest update on inflation and warning of possible recession.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
CBS News Business Analyst Jill Schlesinger joins us to discuss the decision.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
The chairman of the Federal Reserve told lawmakers that the Central Bank will need to raise interest rates higher than previously expected in order to tame inflation.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
Eight years after Prince died from an accidental fentanyl overdose, thousands of his fans are flocking to the Twin Cities.
Concerns grow about not having enough cannabis supply to meet legal market demand without a headstart on the cultivation of plants.
Saturday marks, for some, a holiday.
A Minnesota family-run business for 60 years, said hackers changed the phone number on their Google listing in order to scam potential customers.
Outside of the Timberwolves' first playoff match, the Twins host the Tigers at 1:10 p.m. Saturday at Target Field, adding to a busy stretch for Minneapolis's North Loop neighborhood.
Eight years after Prince died from an accidental fentanyl overdose, thousands of his fans are flocking to the Twin Cities.
Saturday marks, for some, a holiday.
A Minnesota family-run business for 60 years, said hackers changed the phone number on their Google listing in order to scam potential customers.
Outside of the Timberwolves' first playoff match, the Twins host the Tigers at 1:10 p.m. Saturday at Target Field, adding to a busy stretch for Minneapolis's North Loop neighborhood.
Dante Joseph Tyus, 30, of Brooklyn Center, was found guilty of possessing a firearm as a felon by a federal jury on Friday.
A 70-year-old Mankato man is recovering after he was struck by an SUV Thursday night.
The 59th annual Flood Run motorcycle ride is this Saturday, and the Minnesota State Patrol is asking bikers and motorists alike to be extra careful while cruising beside the St. Croix River.
William Guy Amick III, 36, is facing 13 felony charges in Fillmore County that involve multiple victims between the ages of newborn and seven years old, according to the BCA.
A judge has dismissed two felony charges against a St. Olaf College student whom authorities accused of planning a "mass casualty event" after a cache was found in his dorm containing knives, empty ammunition boxes and more.
Investigators have found at least 265 cats in just three Minnesota homes since late February.
The 59th annual Flood Run motorcycle ride is this Saturday, and the Minnesota State Patrol is asking bikers and motorists alike to be extra careful while cruising beside the St. Croix River.
A partial building collapse in Superior, Wisconsin prompted evacuations Thursday, including at a nearby daycare.
Republican lawmakers have filed a new lawsuit alleging partial vetoes Gov. Tony Evers made to a bill designed to bolster students' reading performance were unconstitutional.
Nicolae Miu, the man convicted of reckless homicide and other crimes after stabbing five people on Wisconsin's Apple River in 2022, will be sentenced this summer.
The director of Donald Trump's 2020 presidential campaign in Wisconsin who pushed allegations of widespread fraud that were ultimately debunked has been hired to run the Republican Party of Wisconsin heading into the November election.
Investigators have found at least 265 cats in just three Minnesota homes since late February.
Buzunesh Deba, who lives in the Bronx, became the default winner of the 2014 Boston Marathon in 2016 when the first-place winner was disqualified for doping, but she says she has not yet received her prize money.
More than a hundred kids battling various medical conditions got to take a mental break and just have fun on Sunday thanks to HopeKids Minnesota.
The iconic Stone Arch Bridge is closing so that some construction can be done. Folks were out enjoying it over the weekend before it closes on Monday, April 15th.
Shiloh Missionary Baptist Church is opening an outreach center.
Concerns grow about not having enough cannabis supply to meet legal market demand without a headstart on the cultivation of plants.
A person self-immolated at a park across from the courthouse where former President Donald Trump's New York criminal trial is taking place.
Democrats may have to offer Johnson a lifeline if it comes to a vote, given Republicans' razor-thin majority.
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.
The Minnesota House on Thursday approved legislation making changes to the state's new law legalizing cannabis for recreational use.
Saturday marks, for some, a holiday.
There's a state recovery fund for families who are out of money for a loss due to a contractor, but there's a gap in the law — a contractor with one specialty is exempt from paying into the fund.
The Minnesota Department of Health says state inspectors have seized and destroyed about $500,000 worth of illegal cannabis products from retailers.
The Minneapolis City Council on Thursday voted to delay implementation of a controversial ordinance establishing a minimum wage for rideshare drivers in the city.
The Minneapolis City Council will be considering delaying the implementation of the rideshare ordinance by two months.
A Minnesota family-run business for 60 years, said hackers changed the phone number on their Google listing in order to scam potential customers.
The man who officers were looking for when they were met with gunfire at a Minnetonka home last week is now in custody.
Dante Joseph Tyus, 30, of Brooklyn Center, was found guilty of possessing a firearm as a felon by a federal jury on Friday.
St. Paul police are investigating what they call a "shocking and unusual incident" after someone filmed an apparent whip attack Thursday afternoon near the Wabasha Street Bridge downtown.
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Minnesota lawmakers are considering a bill to tweak the new paid family and medical leave program they passed last year.
Emergency medical services providers say they need a lifeline from the state legislature this session to the tune of $120 million to keep answering calls for help, especially in rural parts of Minnesota.
The $872 million most likely excludes any amount UnitedHealth may have paid to hackers in ransom.
The City of Hastings issued a notice on Wednesday morning informing its residents that some of its municipal wells are now above the allowable drinking standards for PFAS.
Eight years after Prince died from an accidental fentanyl overdose, thousands of his fans are flocking to the Twin Cities.
The singer was found deceased at her home, a representative said.
Taylor Swift's successes and failures, including the battle to regain control of her master recordings, are part of the syllabus at the University of California, Berkeley.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Outside of the Timberwolves' first playoff match, the Twins host the Tigers at 1:10 p.m. Saturday at Target Field, adding to a busy stretch for Minneapolis's North Loop neighborhood.
They're the only varsity team in Minnesota. There isn't a large water polo infrastructure in the state and no high school-affiliated programs.
The Wolverines had a record 18 players at the combine, giving them a chance to be the first school with at least 16 prospects picked in one NFL draft.
Kristin O'Neill scored twice, and Montreal rallied to beat Minnesota 4-3 on Thursday night in the Professional Women's Hockey League.
Tye Kartye tipped in a slap shot by Oliver Bjorkstrand for the tiebreaking goal with 2:40 remaining, and the Seattle Kraken beat the Minnesota Wild 4-3 to wrap up the regular season for two teams that missed the playoffs.
An emerging from the COVID-19 pandemic, more and more students are not going to school. In Talking Points, Esme Murphy talks to the people looking for solutions.
An emerging from the COVID-19 pandemic, more and more students are not going to school. Esme Murphy Republican Sen. Julia Coleman, the ranking Republican on the Senate education policy committee about the issue.
An emerging from the COVID-19 pandemic, more and more students are not going to school. Esme Murphy spoke Don Ryan, the program manager for Safe Communities, about their efforts to engage with truant students. At the capitol, Murphy spoke with Sen. Steve Cwodzinski about the legislative effort underway to address the issue.
An emerging from the COVID-19 pandemic, more and more students are not going to school. Esme Murphy spoke with John Choi, the Ramsey County Attorney, about his work on the frontlines of getting kids back into the classroom.
The clock is ticking for a possible end to rideshare services Uber and Lyft in the Twin Cities. Both companies have threatened to leave after the Minneapolis City Council passed a pay raise local drivers demanded. In Talking Points, Esme Murphy looks at last-minute efforts to find a compromise.
Decades ago, at an 88-acre pasture near Annandale, cars replaced cows and French Lake Auto Parts was born.
There's an attraction in Fergus Falls that's centered around a man-made disaster.
In this week's Finding Minnesota, John Lauritsen goes to New Ulm where the Minnesota Music Hall of Fame is celebrating 35 years.
It cost $85,000 to build St. Stan's — equivalent to about $100 million today. As the basilica approaches its 130th birthday, its biggest fans say they wouldn't change a thing.
Built in 1857, the stairs were originally wood. Around 1970, concrete replaced wood, but over time, that too crumbled.
What do Lebron James, David Bowie and Bill Gates all have in common? They're left-handed. While they're a minority of the population, they're not alone. So why are we right- or left-handed? Good Question.
April is Earth Month and we're less than a week from Earth Day. That timing matches up with an email we received from Mary in Minneapolis. She wants to know: What can the average person do to help reduce global warming? Good Question.
The gorgeous weekend we had was more than just a great time to get outside. For many, it was a chance to get their hands dirty whether they wanted to or not. We wanted to know How can we efficiently clean our homes? Good Question.
If you have a drawer packed with old cellphones, cameras and laptops, you're not alone. Global electronic waste has hit record highs and it's growing five times faster than recycling rates. So how should you dispose of e-waste?
It's a yearly expense that Minnesota drivers often aren't too fond of paying. Bill from Otsego wanted to know: How do they calculate license tab fees? Good Question.
Many Minnesotans were treated to a stunning double rainbow on Thursday.
Nicolae Miu, a 54-year-old man from Prior, Lake, Minnesota was found guilty of six criminal charges, including first-degree reckless homicide. Miu's trial lasted eight days in a Hudson, Wisconsin courtroom.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
An early spring snowstorm made for many beautiful sights across the state of Minnesota over the weekend.
State fire officials say a grass fire near Waseca is contained Monday morning after burning more than 1,000 acres.
WCCO meteorologist Chris Shaffer has your latest forecast and he says don't fret about the chance for snow...as the weekend forecast will certainly brighten things up.
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.
Clouds are moving in on Friday evening, but the sun returns on Saturday afternoon.
Some clouds will move in and bring some spotty showers and snow in northern Minnesota.
Meteorologist Adam Del Rosso says flurries will fall in the metro late Friday morning.
Concerns grow about not having enough cannabis supply to meet legal market demand without a headstart on the cultivation of marijuana plants.
WCCO meteorologist Chris Shaffer has your latest forecast and he says don't fret about the chance for snow...as the weekend forecast will certainly brighten things up.
WCCO's Reg Chapman spoke with members of the late popstar's band about what this special show means to them, as well as their community.
A team of researchers want to make the world a better place and they believe the world's tropical forests are a good place to start.
WCCO's Jason Rantala follows up with local business owners in Uptown regarding the impact of construction on Hennepin Ave.