Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
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Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, gives the state of the economy right now high marks and expects more interest rate cuts before the year's end.
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.
Drivers could continue to see higher car insurance rates in 2024, with the average U.S. rate projected to jump 22% this year.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Chipotle CEO Brian Niccol said the company is addressing portion sizes after finding 10% of its locations were skimping.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.
In the Twin Cities, new home listings are down, pending sales have fallen and mortgage rates are measurably higher than they were a year ago. Home prices are increasing faster than incomes, making it tougher than ever for first-time homebuyers to make a purchase. Derek James has more on the challenging market and how builders are responding.
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
New numbers out on Wednesday show prices on all items rose about 3% year-over-year last month. But car insurance prices jumped a whopping 20%.
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.
As the unofficial start of summer begins, so does summer fun. But will it be an expensive one? Although inflation eased in April, prices still remain high, especially at the grocery store. Our Kirsten Mitchell did some number crunching to learn what items may be coming down.
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?
The U.S. government released its monthly inflation report on Wednesday morning. CBS News Business Analyst Jill Schlesinger explains it all.
The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.
Owning and protecting a home or a car in Minnesota is getting more expensive.
Owning and protecting a home or a car in Minnesota is getting more expensive. Over the last year, the cost to insure your car jumped by 22%. Home rates are up almost 5%. WCCO's Allen Henry explains what you need to know about through-the-roof rates.
The 17-year-old and a 16-year-old friend were playing with a gun at the 17-year-old's house on Sept. 18 when it went off, hitting the 16-year-old in the eye.
A judge sentenced a 21-year-old man to nearly 14 years in prison for causing a fatal car crash while fleeing police officers in Robbinsdale last year.
The top federal law enforcement officer in Minnesota is stepping down in a matter of weeks.
The FBI and state investigators raided the Smart Therapy Center's business office in Minneapolis and the Star Autism Center's office in St. Cloud on Thursday morning.
This winter is already shaping up to be colder and icier than last winter and that's a good thing for ice fishing.
The 17-year-old and a 16-year-old friend were playing with a gun at the 17-year-old's house on Sept. 18 when it went off, hitting the 16-year-old in the eye.
A judge sentenced a 21-year-old man to nearly 14 years in prison for causing a fatal car crash while fleeing police officers in Robbinsdale last year.
The top federal law enforcement officer in Minnesota is stepping down in a matter of weeks.
The FBI and state investigators raided the Smart Therapy Center's business office in Minneapolis and the Star Autism Center's office in St. Cloud on Thursday morning.
This winter is already shaping up to be colder and icier than last winter and that's a good thing for ice fishing.
The top federal law enforcement officer in Minnesota is stepping down in a matter of weeks.
The FBI and state investigators raided the Smart Therapy Center's business office in Minneapolis and the Star Autism Center's office in St. Cloud on Thursday morning.
The Minnesota Department of Natural Resources says there are 62 controlled hunts taking place this fall, including at Afton State Park.
A southern Minnesota man has been sentenced to over two decades in prison for assaulting two young children in his care, one of whom died.
The Minnesota Department of Human Rights announced Thursday that it has secured a $65,000 settlement with the Pine City Public Schools for alleged repeated racial harassment of a seventh-grade girl.
A false bomb threat targeting a Wisconsin high school was one of several such incidents on Monday, officials said.
The Supreme Court has rejected an appeal from Wisconsin parents who wanted to challenge a school district's guidance for supporting transgender students.
Federal prison facilities in Duluth and central Wisconsin are facing deactivation due to staff shortages and crumbling infrastructure, according to the Federal Bureau of Prisons.
Nate Bargatze, one of the hottest stand-up comedians in the U.S., will make three stops each in Minnesota and Wisconsin next year on his "Big Dumb Eyes" tour.
A Milwaukee bar is permanently closed after police found cocaine, bullets and chickens on the premises.
Myotonic dystrophy is a genetic disorder that causes muscles to waste away.
Katie White had just received a new heart when she started making jewelry from her Mayo Clinic room.
Outdoor spaces in Minnesota have suffered from a lack of diversity. Outdoor Latino Minnesota is working to change that, by offering ski lessons.
One month into his stay at the NICU at M Health Fairview Masonic Children's Hospital, Cooper got a neighbor, Raghu, who weighed even less than him. The parents quickly connected.
A Twin Cities high school hockey team hit the ice for the first time Friday night since losing a teammate to a long battle with cancer. Max Akerson died earlier this week.
The top federal law enforcement officer in Minnesota is stepping down in a matter of weeks.
The short list for Time's 2024 Person of the Year included Donald Trump, Kamala Harris, Kate Middleton, Elon Musk and Benjamin Netanyahu.
"These actions represent the largest single-day grant of clemency in modern history," the White House said.
The move comes two weeks after Meta CEO Mark Zuckerberg traveled to Florida and dined with President-elect Donald Trump in Mar-a-Lago.
Minneapolis Mayor Jacob Frey on Wednesday vetoed a new budget that he said will fund "pet projects" and will cost the city more money in the long run. A day later, the City Council overrode Frey's veto.
According to the Environmental Protection Agency, Americans produce 25% more trash from Thanksgiving to New Year's Day.
The Minnesota-born Mexican restaurant chain Chi-Chi's is making a comeback 20 years after ending its "celebration of food."
While there are many Cyber Monday deals out there from legitimate websites, the BBB's Bao Vang says online-buyer beware.
The mall is expecting tens of thousands of shoppers for Black Friday with plenty of deals.
Great deals means Minnesotans are camping out on Black Friday Eve
The 17-year-old and a 16-year-old friend were playing with a gun at the 17-year-old's house on Sept. 18 when it went off, hitting the 16-year-old in the eye.
A judge sentenced a 21-year-old man to nearly 14 years in prison for causing a fatal car crash while fleeing police officers in Robbinsdale last year.
The top federal law enforcement officer in Minnesota is stepping down in a matter of weeks.
The FBI and state investigators raided the Smart Therapy Center's business office in Minneapolis and the Star Autism Center's office in St. Cloud on Thursday morning.
A Minneapolis man faces a manslaughter charge after a 3-year-old allegedly grabbed the man's gun and fatally shot himself.
The Minnesota Department of Human Services' "internal control weakness" has led to more than $40 million in overpayments to Medicaid providers, according to a report released on Tuesday by state auditors.
Consumers are venting frustrations about health insurance in wake of UnitedHealthcare CEO murder. Costs have outpaced inflation for years.
Twin Cities-area strength coach Carl Champion offers expert advice for setting and sticking to fitness goals next year.
The agency says it hasn't seen a rise in cases of this magnitude since 2012, but says it's not unexpected since the illness cycles every three to five years. During that year, 4,144 cases of whooping cough were reported.
Minnesota Vikings legend Randy Moss will step away from his broadcasting role at ESPN "to focus on a personal health challenge," the network announced Friday.
Hope Walz, daughter of Minnesota Gov. Tim Walz, took a swipe at influential podcaster Joe Rogan and the men among his fanbase after the host said he supported President-elect Donald Trump due to misstatements the former Democratic vice presidential candidate made about his past.
One of the world's biggest concert promoters is set to run Shakopee's yet-to-be-named 19,000-seat amphitheater.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The annual gala at the John F. Kennedy Center for the Performing Arts features personalized tributes with performances and testimonials from fellow artists.
Mindy Kaling and Morris Chestnut announced the nominations for the 82nd annual Golden Globes, with 10 nominees revealed live on CBS News.
The Minnesota Vikings could have a playoff spot secured before they even kick off on Monday night against the Chicago Bears.
Several Minnesota State Mankato teams are making historic postseason runs this year. First, it was basketball, and now women's soccer is making it to the Division II semifinals for the first time in program history, thanks to a penalty kick shootout victory.
The Big Ten released the Gopher football team's 2025 schedule, with their first game of the season against Buffalo.
Vikings quarterback Sam Darnold's career-defining game against the Falcons on Sunday was enough to get a big nod from the NFL.
Matt Boldy was the only scorer in the shootout and lifted the Minnesota Wild to a 5-4 victory over the Utah Hockey Club.
Esme Murphy talks with Congressman Pete Stauber, who hopes to see President Biden’s 20-year moratorium on new mining near the Boundary Waters reversed by President-elect Donald Trump.
President-elect Donald Trump said he plans to reverse President Biden's 20-year moratorium on new mining near Minnesota's Boundary Waters Canoe Area Wilderness on his first day in office.
In this election, Klobuchar faired much better than all other Senate Democrats — she won by a significantly larger margin.
For Democrats the postmortem continues on why Vice President Kamala Harris and her Running mate Governor Tim Walz performed more poorly with almost every demographic than Joe Biden did in 2020. In Minnesota, Senator Amy Klobuchar did much better than Harris with some of those same groups.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
Duluth is known for its scenic views across the city, but one location stands out from the rest.
One family's creative design in central Minnesota allows guests to sleep under the stars — at any time of year.
"Thomas Dambo, he believes the trolls really help us kind of shine a light on how we can take better care of the environment and be better to each other," said Stearns.
There are a lot of quirky town names in Minnesota: Embarrass, Nowthen, Clontarff, Kiester. But the people of Nimrod believe their name stands out from the rest.
Did you know that donkeys are fast, smart and can build life-long bonds with other animals and people? It's believed that donkeys are smarter than most dogs.
An important deadline is approaching, and we're not talking about Christmas shopping. End of semester exams are coming up for students of all ages.
Jeff Wagner dives into the cold-weather dating trend that has singles looking for love with a time limit.
Just because Minnesota has had frigid temperatures lately doesn't mean lake ice is safe yet.
From turkey, to mashed potatoes, stuffing and pies, many are ending Thanksgiving with full stomachs and refrigerators.
We're just over two weeks since Minnesota's deer opener and already hunters have harvested more than 123,000 of them using firearms. That could equal huge dollars for the state if they all took one extra step.
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.
Storms ripped through parts of Minnesota and western Wisconsin on Thursday evening. There were several reports of tornadoes and trees were downed in the metro and beyond, including in Cottage Grove, Anoka, Champlin and Fridley.
A powerful thunderstorm tore through the grounds of the Minnesota State Fair on Monday night, delaying Tuesday's opening.
WCCO meteorologist Chris Shaffer has your latest (frigid) forecast.
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.
This winter is already shaping up to be colder and icier than last winter and that's a good thing for ice fishing.
Temperatures will fall below zero for a second consecutive night, but we’re heading for warmer weather starting on Friday.
This winter is already shaping up to be colder and icier than last winter and that's a good thing for ice fishing.
WCCO meteorologist Chris Shaffer has your latest (frigid) forecast.
39 men and women were pardoned by President Joe Biden on Thursday. WCCO's Jason Rantala tells us why for many, this is the start of a new journey.
Andrew Luger will officially leave his office some time before Jan. 20. Luger sat down with WCCO to talk about his decision to retire and what it means moving forward.
The Minnesota Department of Human Rights announced Thursday that they've reached a settlement with Pine City Public Schools for racial harassment of a student. WCCO's Adam Duxter has the story.
Temperatures will fall below zero for a second consecutive night, but we’re heading for warmer weather starting on Friday.