What does a Federal Reserve interest rate cut mean for you?
Expected Federal Reserve rate cuts this week could mean relief for consumers.
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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.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
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.
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.
The Minnesota Twins and Major League Baseball are investigating Jarren Duran's allegation that a fan he pointed his middle finger at during a game had told the Boston Red Sox outfielder to kill himself.
In just the past few years, Ashleigh Whitton of Eden Prairie, Minnesota, had begun competing in triathlons. After colliding with a car that ended up in her racing path during a triathlon on Sunday, she's been left paralyzed from the neck down.
A resolution setting up a process to investigate impeachment claims against DFL Gov. Tim Walz and DFL Attorney General Keith Ellison failed to move forward in the Minnesota House on Wednesday.
Environmental activists are going hungry as they say they want a trash-burning plant in Minneapolis to shut down. People who work there say it's not that simple.
A video game is helping people experience the Ojibwe culture in a new way.
Environmental activists are going hungry as they say they want a trash-burning plant in Minneapolis to shut down. People who work there say it's not that simple.
At M Health Fairview Southdale Hospital in Edina, Minnesota, there is an emergency room within the emergency room, focused on mental health.
Republican Tyler Kistner has announced he is dropping out of the 2026 race for Minnesota's 2nd Congressional District seat.
Lawmakers at the Minnesota State Capitol are searching for solutions, trying to lend a hand to Hennepin Healthcare before it's too late.
Minneapolis Mayor Jacob Frey is one of the world's most influential people, according to Time magazine.
A farm in Monticello, Minnesota, is recovering after a barn fire on Saturday killed dozens of animals, according to the facility.
Kale Misegades averaged a 36 point double-double this season as his Henning Hornets went undefeated until the state semifinal, where they got upset in overtime to the eventual state champs.
"I lost six of my battle buddies who were sitting pretty close to me and that's a struggle within itself. The invisible wounds are hard to heal," Sgt. Cory Hicks said.
Mitchell Bechtold, who is pastor for four churches in the area, has now filmed more than 40 churches across central Minnesota, with many still ahead.
The National Weather Service confirms three tornadoes hit southern Minnesota Monday night in Amboy, Matawan and Elmore.
Gamblers in Wisconsin will still have to wait months or maybe even longer before they can start to legally place bets.
Leaders on the board that oversees the Universities of Wisconsin say that the fired president of the system was slow to address pressing issues like artificial intelligence and feared upsetting policymakers, faculty and staff.
It's one of the largest musky hatcheries in the entire world. John Lauritsen shows us how the Spooner hatchery keeps fish healthy and anglers happy.
Officials at the Universities of Wisconsin have fired the system's president after he refused their offer to quietly resign and said they never gave a clear reason why he should.
Democratic-backed candidate Chris Taylor has won election to the Wisconsin Supreme Court, growing its liberal majority.
Mackenzie Reed, head custodian at Shakopee East Middle School, has painted large-scale murals throughout the building she once attended as a student, creating a more welcoming space for current students.
Kristi comes to the Salvation Army not only to get food, but to shine her light. She talks with and encourages people waiting in line.
The way Mary Hernandez describes it, the effort to keep families off the street in Shakopee, Minnesota, is like trying to keep your head above water.
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.
A resolution setting up a process to investigate impeachment claims against DFL Gov. Tim Walz and DFL Attorney General Keith Ellison failed to move forward in the Minnesota House on Wednesday.
Minnesota Republicans on Wednesday tried to set up a process to hear claims against DFL elected officials. As Caroline Cummings reports, impeachment hasn't happened in the state in nearly 150 years.
Republican Tyler Kistner has announced he is dropping out of the 2026 race for Minnesota's 2nd Congressional District seat.
Lawmakers at the Minnesota State Capitol are searching for solutions, trying to lend a hand to Hennepin Healthcare before it's too late.
House Democrats introduced articles of impeachment against Defense Secretary Pete Hegseth, claiming he has "demonstrated a willful disregard for the Constitution."
The bills aim to close what supporters call a gambling law loophole, allowing for these prediction markets to flourish with no regulations.
It's a bittersweet changing of kegs and hands in northeast Minneapolis as HeadFlyer Brewing issued a permanent last call on Sunday.
Minnesota continues to beat the national gas price average, but there are still ways to save in the metro area.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Your car isn't the only vehicle that needs gas. It's a huge budget item for Minnesota fire departments, police and mass transit.
A jury convicted David Wright, 51, of first-degree murder on Wednesday for killing his ex-girlfriend Mariah Samuels in Minneapolis minutes after she wrote on Facebook that he threatened her family and damaged her car.
Charges say police arrested the suspect, who told investigators he punched the victim after he would not let him into the elevator.
Joel Casas-Santiago was arrested and charged last July after authorities seized nearly 900 pounds of meth from two vehicles in St. Paul.
A woman who had a revoked license was charged Monday in connection to a fatal head-on crash on an Eden Prairie, Minnesota, highway over the weekend.
Amarie Alowonle, 19, was shot and killed during a gathering at a Robbinsdale park last May. Her family is pushing for answers since that time.
At M Health Fairview Southdale Hospital in Edina, Minnesota, there is an emergency room within the emergency room, focused on mental health.
Lawmakers at the Minnesota State Capitol are searching for solutions, trying to lend a hand to Hennepin Healthcare before it's too late.
The popular afternoon pick-me-up in a cup is like a super food, supplement and medicine cure-all.
At 5 years old, William Staley Olesen is a ball of energy. Watching him run around, laugh and play, it would be hard to know just how much he has already been through.
With a billion in Medicaid cuts, Hennepin Healthcare, a hospital that serves people with or without insurance, will likely close if state lawmakers don't act.
A video game is helping people experience the Ojibwe culture in a new way.
At Mixed Blood Theatre in Minneapolis, a new production is using the stage to explore the impact of immigration and displacement.
Brad Paisley, along with special guest Avery Anna, will take to the stage on Sept. 3.
Minnesota's own Bob Dylan will return to the Twin Cities to play a show at the new Mystic Lake Amphitheater this summer.
Lady Gaga is still slated to perform in St. Paul later this week, despite canceling her Monday night show in Montreal.
The Minnesota Twins and Major League Baseball are investigating Jarren Duran's allegation that a fan he pointed his middle finger at during a game had told the Boston Red Sox outfielder to kill himself.
Trevor Story homered and drove in five runs to lead the Boston Red Sox over the Minnesota Twins 9-5.
Jesper Wallstedt let in a goal on a power play against the Minnesota Wild in the first period, looked up at the scoreboard to quickly analyze the replay, and realized something wasn't right.
Red Sox outfielder Jarren Duran, who has spoken about his past struggles with mental health, said a fan made a personal comment that crossed the line.
Hunter Haight got his first career goal and rookie Jesper Wallstedt auditioned for action in the playoffs with 35 saves as the Minnesota Wild finished their regular season by beating the Anaheim Ducks 3-2.
Both the DFL and GOP nominating conventions are the last weekend in May 7, and voting for the Aug. 11 primary begins in June.
Minnesota's hospitals are facing a growing financial crisis amid higher costs, fewer insured patients, shuttering clinics and federal Medicaid cuts.
Minnesota's hospitals are facing a growing financial crisis amid higher costs, fewer insured patients, shuttering clinics and federal Medicaid cuts.
The Trump administration's positions on a number of issues is prompting debate on constitutional powers versus executive orders.
The Trump administration's positions on a number of issues is prompting debate on constitutional powers versus executive orders. WCCO spoke with David Schultz, a congressional law professor at Hamline University in St. Paul, Minnesota, to get some clarity.
It's one of the largest musky hatcheries in the entire world. John Lauritsen shows us how the Spooner hatchery keeps fish healthy and anglers happy.
Shattuck-St. Mary's is more than a hockey school, but hockey has helped put the school on the map. They have banners and big names to prove it, though the real evidence lies with a man called Rooster.
Opening Day for the Minnesota Twins is almost here. And across town, the St. Paul Saints are getting ready for their season, too, with some added history.
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.
The popular afternoon pick-me-up in a cup is like a super food, supplement and medicine cure-all.
One of the biggest obstacles to exercising can be finding enough time to work out. WCCO explores whether upping the intensity can give someone the same benefits in a shorter amount of time.
Filing your taxes can be stressful. But daydreaming about how to spend that refund makes it worthwhile.
It's estimated that children playing with fire set more than 20,000 fires every year. On average, the fires they start cause nearly 1,000 injuries and 150 deaths each year.
As we all pay more to fuel our cars, drivers might miss the savings hidden right at the pump. It comes down to timing, then adjusting your routine.
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.
Temperatures will reach the mid-70s in the Twin Cities on Thursday before a weekend cooldown, according to NEXT Weather meteorologist Chris Shaffer.
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.
It's Severe Weather Awareness Week in Minnesota and Wisconsin. Before the next round of rough weather hits, officials with both states want to make sure residents have emergency plans in place.
Temps on Wednesday will reach into the 70s, but it's not a perfect forecast as there's a storm on the way.
It'll be a warm, summer-like day on Thursday before another chance for severe storms on Friday.
Minnesota Republicans on Wednesday tried to set up a process to hear claims against DFL elected officials. As Caroline Cummings reports, impeachment hasn't happened in the state in nearly 150 years.
Temperatures will reach the mid-70s in the Twin Cities on Thursday before a weekend cooldown, according to NEXT Weather meteorologist Chris Shaffer.
Flames ripped through a barn on a family farm known for hosting fall festivals on Saturday. The fire claimed the lives of two pigs, who were part of a petting zoo put on at the event. As Photojournalist Tony Peterson and Derek James show us, farmers are resilient.
A Minnesota mother who finds joy in movement may now be paralyzed from the neck down. Ashleigh Whitton was badly hurt when a car drove through a triathlon course. As Conor Wight reports, her family is holding out hope that she can recover.
Temps on Wednesday will reach into the 70s, but it's not a perfect forecast as there's a storm on the way.