Boomer wealth transfer will mostly benefit the already rich, report finds
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
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Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
President Donald Trump made history by ringing the opening bell for the stock market on Monday from the Oval Office. He did it to launch new accounts for children born between 2025 and 2028. The babies are likely eligible for a $1,000 investment account named after the president. Esme Murphy has details on how it works.
The University of Minnesota Board of Regents have approved a budget that includes a tuition hike of up to 4.5% and the sale of part of the Les Bolstad Golf Course, officials said Friday.
Get clear, actionable financial advice starting June 30 wherever you get your podcasts.
After working 14- to 16-hour days for two months to help immigrant families during Operation Metro Surge, Smitten Kitten in Minneapolis says the effort left the business struggling to meet its own financial obligations.
HCMC in Minneapolis got what they wanted, a large financial boost from lawmakers, and now the leaders of Minnesota's busiest trauma hospital say they'll put their money where their mouths are and get to work restructuring finances.
Rising costs are forcing the organizers of some of the Twin Cities' largest summer festivals to reconsider their cash flow streams, as Twin Cities Irish Fest turns to the community to try to ensure the event survives in years to come.
The Twin Cities Irish Festival in St. Paul is in August, but organizers are asking for help right now in a bid to survive. Conor Wight has more on what organizers are calling an urgent fundraising campaign.
A new state law requires a personal finance course to graduate from Minnesota schools.
Retirement, like everything else, is getting more expensive. And more Minnesotans are worried they could outlive their savings.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
"Personal finance and investing is personal for a reason, and AI is pretty generic," said University of St. Thomas' Dr. Manjeet Rege.
Changing your career seems to be more common these days, so what are the financial implications of making a career pivot?
The Somali community has been a focus of a large immigration crackdown in Minnesota. WCCO spoke with an economist to analyze the group's specific contributions to the state's workforce.
Operation Metro Surge, which sent a record number of immigration agents to Minnesota, may be nearing its end, but nonprofits that receive calls for assistance say there will likely be ripple effects felt for weeks and months to come.
Dustin Smith from Wealth Enhancement Group talks about what he’s watching in 2026.
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.
Credit cards often provide zero liability for fraudulent transactions. In contrast, bank accounts are the sole responsibility of the account holder.
Dustin Smith, from Wealth Enhancement Group, explains what goes into your credit report.
For the first time in 15 years, there are now federal regulations for cryptocurrency. So what will that mean for the notoriously unstable market -- and who's cashing in? In Talking Points, Esme Murphy spoke with investment expert Pete Najarian about the risks, rewards, and a refresher on what cryptocurrency is.
For millions of people around the U.S., financial stability amounts to a "rare luxury," Bankrate survey finds.
Between federal cuts and an uncertain economy, many Americans are worried about their job security. Nick Foulks with Great Waters Financial discusses which steps people can take to help them lessen the blow.
You may charge a dinner or your summer vacation to it, but as rent prices climb, more Gen Z and millennial renters are turning to credit cards to keep a roof over their heads. David Schuman and photojournalist Nick Lunemann look into the risks and why some financial experts say it’s a trend to watch.
The students at Visitation School, a group of girls involved in the Investment Club are pitching investment moves and seeing real results.
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Portions of the Boundary Waters Canoe Area Wilderness will reopen for day use starting Monday, after wildfires prompted a rare closure of the forest last week.
John, Yvette and Hope Hoffman addressed a federal court Thursday as Vance Boelter awaited sentencing for killing former House Speaker Melissa Hortman and her husband and shooting the Hoffmans in their Champlin home.
The Secret Service said a member of Vice President JD Vance's detail is under investigation for "compromising operational and information security."
The House on Thursday voted to direct President Trump to end the war with Iran, after four Republicans joined Democrats to rebuke the president over his handling of the conflict.
Police in Farmington, Minnesota, arrested four people Wednesday in connection to a hit-and-run that killed a 13-year-old boy riding a bike.
John, Yvette and Hope Hoffman addressed a federal court Thursday as Vance Boelter awaited sentencing for killing former House Speaker Melissa Hortman and her husband and shooting the Hoffmans in their Champlin home.
After officials in Minnesota's capital city announced they would shut down encampments for those experiencing homelessness, the City Council approved more than $1 million to expand capacity at local shelters.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, was sentenced to two life terms in prison followed by 40 years Thursday morning.
It's another action-packed weekend in Minnesota, with plenty of community celebrations.
They say the pain of losing their son is made even harder because the person responsible is living their life as if nothing happened.
Portions of the Boundary Waters Canoe Area Wilderness will reopen for day use starting Monday, after wildfires prompted a rare closure of the forest last week.
It's another action-packed weekend in Minnesota, with plenty of community celebrations.
Thousands of pictures of Split Rock Lighthouse are taken each year. And oftentimes a little island appears in those photos. Ellingsen Island has developed a following of its own.
A Lakeville, Minnesota man was killed after being struck by a cable while working on a cell tower last week near the state's North Shore.
Officials in northern Minnesota have extended a Boundary Waters closure order until Oct. 1 as wildfires have spread to cover more than 72,000 acres of land.
The state Democratic Party is asking Wisconsin's elections commission to allow voters who already returned absentee ballots to cast new ones, after Lt. Gov. Sara Rodriguez dropped out of the governor's race and Milwaukee County Executive David Crowley rejoined it.
The effects of Minnesota's prolonged heat wave are becoming impossible to miss with several reports of fish kills.
Three new women's world records have been set at the Lumberjack World Championships in Hayward, Wisconsin.
For 66 years, the Lumberjack World Championships have brought the world's best to Hayward, Wisconsin.
Three people who died after a pontoon overturned on Lake Pepin over the weekend have been identified.
After officials in Minnesota's capital city announced they would shut down encampments for those experiencing homelessness, the City Council approved more than $1 million to expand capacity at local shelters.
The city of St. Paul, Minnesota, is taking a stand and closing encampments amid growing concerns.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
Tucked away in the Midway neighborhood in St. Paul is a community treasure many have come to love and respect.
What started as a small fundraiser following one of Joe's surgeries at Gillette Children's has grown into a community tradition that has raised nearly $100,000 for the hospital.
John, Yvette and Hope Hoffman addressed a federal court Thursday as Vance Boelter awaited sentencing for killing former House Speaker Melissa Hortman and her husband and shooting the Hoffmans in their Champlin home.
The Secret Service said a member of Vice President JD Vance's detail is under investigation for "compromising operational and information security."
The House on Thursday voted to direct President Trump to end the war with Iran, after four Republicans joined Democrats to rebuke the president over his handling of the conflict.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, was sentenced to two life terms in prison followed by 40 years Thursday morning.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, is set to be sentenced Thursday morning.
Get ready to watch movies and television with clarity like never before. That's how industry experts are describing the latest TV technology now on sale exclusively at Best Buy.
A lottery player in Minnesota won a jackpot of more than $34 million last week, a record for the Lotto America game in the state.
The lawsuit accuses Loon of using "kid-friendly characters" to promote its vapes in flavors such as Cotton Candy, Strawberry Popsicle, Banana Taffy and Blue Razz Slushy.
A Wisconsin family lost their ten-month-old daughter after she swallowed a water bead. They blame Target and the water bead manufacturer for her death.
For many Minnesotans, the road to the Fourth of July starts with a short drive across the St. Croix River to Wisconsin to stock up on fireworks. The kinds of pyrotechnics that can be legally ignited in Minnesota might be surprising.
John, Yvette and Hope Hoffman addressed a federal court Thursday as Vance Boelter awaited sentencing for killing former House Speaker Melissa Hortman and her husband and shooting the Hoffmans in their Champlin home.
Police in Farmington, Minnesota, arrested four people Wednesday in connection to a hit-and-run that killed a 13-year-old boy riding a bike.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, was sentenced to two life terms in prison followed by 40 years Thursday morning.
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
Six months after federal agents shot and killed Alex Pretti in Minneapolis amid Operation Metro Surge, officials with Immigration and Customs Enforcement and the U.S. Department of Homeland Security still aren't giving a clear answer on whether their officers are equipped with those devices in Minnesota.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
There are new accusations surrounding pollution problems at a battery recycling plant in Minnesota. An attorney says lead migration from Gopher Resource in Eagan poisoned some kids connected to workers.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
The advice is to stay inside when air quality turns hazardous, but that's not an option for many outdoor workers.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
It's another action-packed weekend in Minnesota, with plenty of community celebrations.
This weekend, a Twin Cities theater company will be performing "Dear Evan Hansen," a musical that deals with themes of anxiety, depression and isolation. But they also feel it relates to what Minneapolis went through during Operation Metro Surge.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
The Minnesota Yacht Club Festival is expected to bring thousands upon thousands each day to Harriet Island Regional Park in St. Paul between Friday and Sunday.
There's so much to do this weekend in Minnesota, from festivals to art fairs.
Dejan Joveljić scored in the first half, and Manu García found the net in the second to help Sporting Kansas City hold off Minnesota United 2-1.
Napheesa Collier had 24 points and 10 rebounds in her season debut, Kayla McBride added 20 points and the Minnesota Lynx headed into the WNBA All-Star break with the best record in the league after an 86-76 win over the Seattle Storm on Wednesday afternoon.
Brooks Lee hit a three-run homer, Trevor Larnach had three RBIs and the Minnesota Twins snapped a four-game losing streak with a 10-6 win over Cleveland to spoil star third baseman José Ramírez's return to the Guardians.
The fair features carnival rides, food vendors, livestock exhibits and a Miracle of Birth Center.
A big gallery followed Scottie Scheffler's 9-hole round at the 3M Open Pro-Am on Wednesday morning at TPC Twin Cities in Blaine, Minnesota.
The investigations into the ICE killings of Renee Good, Alex Pretti and the shooting of Julio Cesar Sosa-Celishave entered a critical stage.
The investigations into the ICE killings of Renee Good, Alex Pretti and the shooting of Julio Cesar Sosa-Celis have entered a critical stage.
There's less than a month to go before the Aug. 11 primary, and one of the most watched and competitive races is the DFL race for the nomination for U.S. Senate between Lt. Gov. Peggy Flanagan and Rep. Angie Craig.
New campaign finance numbers are expected out later this week in federal races, including Minnesota's U.S. Senate race, where a flood of ads is evidence of a highly competitive race.
Minnesota Republicans head into an August primary shaped by a president who has lost the state three times but still commands outsized loyalty from its conservative base.
Thousands of pictures of Split Rock Lighthouse are taken each year. And oftentimes a little island appears in those photos. Ellingsen Island has developed a following of its own.
There's a scenic, nearly century-old spot in St. Cloud, Minnesota, where right now you'll find thousands of flowers in bloom.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
It's a lake cruise in the middle of town, and there's more than pelicans on the Pelican Breeze tour in Albert Lea, Minnesota.
Currie, Minnesota, is truly small-town America. The population hovers at just over 200. But on the northern outskirts, you'll happen upon a place with plenty of bells and whistles: End-O-Line Railroad Park and Museum
The U.S. House just voted to make daylight saving time permanent. In Good Question, Jeff Wagner explains how that could impact Minnesota and why our last attempt at getting rid of it failed.
Get ready to watch movies and television with clarity like never before. That's how industry experts are describing the latest TV technology now on sale exclusively at Best Buy.
When you get home from work in the evening, your first thought may be dinner. You might fire up the stove or oven, you could also start a load of laundry. Not long after that, you're running the dishwasher. You may think you're being efficient, but your house during this heat wave disagrees.
It's one of Minnesota's rules of the road in which two is better than one. But Jodi from Lakeville emailed WCCO saying a lot of drivers don't seem to care about the law.
Catching a flight with just a carry-on can make travel feel easy. No need to check a bag and all your belongings stay with you. But quite often, that suddenly changes before boarding.
The Minnesota State Fair has unveiled its new foods for 2026.
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.
Highs reach the mid-80s Friday with a mix of sun & clouds and humidity on the rise with more wind from the south, WCCO meteorologist Adam Del Rosso reports.
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.
Thursday will be another comfortable day in the Twin Cities, but a warm-up will arrive over the weekend.
Highs will be near 80 in the metro.
Aside from a few clouds and light winds, Thursday will be a comfortable day in the Twin Cities.
Ian Mark Kimanje, who made the film, and Darryl Streeter from the Carnival Project, share the importance of the Carnival documentary.
Four people were arrested Wednesday after a hit-and-run in Farmington killed a 13-year-old boy.
Vance Boelter, the man who admitted in court to shooting two Minnesota lawmakers and their spouses, was sentenced to two life terms in prison followed by 40 years Thursday morning.
The two-day outdoor festival features visual artists, live music, a culinary market, and a fashion show both days at 1:30 p.m.
Co-founder Jarrett Reed launched GotPinkSlipped.com after his own layoff to help other workers find direction and encouragement after losing a job.