What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
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New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
The fragile U.S. ceasefire with Iran is on shaky ground after both nations traded another round of airstrikes.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
We can't control the prices are the grocery store, but what we can control is how to stretch that hard earned dollar, especially when shopping for fruits and vegetables. So what's the best way to keep fruits and vegetables fresh?
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Target will invest another $2 billion in its business this year to spruce up stores, remodel locations and invest in workers, the retailer said Tuesday as it outlined plans to try to reverse a persistent sales malaise and reclaim its footing in fashion and home categories.
During his address, the president blamed Biden for increased costs at your house. He says things are looking up, and prices are coming down. But new CBS News polling out shows two-thirds of Americans think the economy is in bad shape. As Ashley Grams reports, most say the holidays will be harder to afford.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Target's third-quarter profit tumbled as the retailer struggles to lure shoppers who are being pressed by stubbornly high inflation.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
School districts across Minnesota, from urban to rural communities, are asking taxpayers to approve new funding to shore up support.
Did you know that Minnesota is getting older, we are earning less money on average, we are dramatically more diverse, and we are having dramatically fewer babies. In this edition of Talking Points, Esme Murphy spoke with the state demographer.
Private investment firms that are helping finance America's artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver electricity to regular customers — and the servers that power AI.
For those who like to crank the thermostat up during the winter, a new report showing data for the Midwest and other parts of the country says you should be prepared for a much higher price tag this season if you have electric heat.
A walk down a grocery aisle can be a bit unpredictable these days after years of rising prices.
Visitors to this year's Minnesota State Fair might get sticker shock when buying some of their favorite foods.
On a hot summer day, about 250 people decided that a sprint through the mud was the best way to spend time.
Royce Lewis hit a two-run homer and sparked the go-ahead rally with a seventh-inning double as the Minnesota Twins beat the Los Angeles Angels 5-3.
Kayla McBride scored 14 of her 25 points in the fourth quarter, Olivia Miles added 23 points after missing two games and the Minnesota Lynx edged the New York Liberty 90-85.
The Minneapolis Fire Department is investigating after a fire at Jakeeno's Pizza and Pasta that happened early Saturday morning.
Wright County, Minnesota, sheriff's deputies are investigating after a vehicle hit a man, injuring him and killing his dog Friday morning.
On a hot summer day, about 250 people decided that a sprint through the mud was the best way to spend time.
The Minneapolis Fire Department is investigating after a fire at Jakeeno's Pizza and Pasta that happened early Saturday morning.
For six weeks in the summer, Nellie Stone Johnson Elementary School in North Minneapolis is home to one of 12 Freedom Schools across the Twin Cities.
A St. Paul, Minnesota, neighborhood that has struggled to keep businesses might be turning a corner.
A pattern of vandalism targeting young trees along the riverfront in St. Paul, Minnesota, has cost the city upward of $100,000 in damages.
Wright County, Minnesota, sheriff's deputies are investigating after a vehicle hit a man, injuring him and killing his dog Friday morning.
People in the Boundary Waters Canoe Area Wilderness won't be able to have a campfire beginning Saturday due to "continued dry conditions" in northern Minnesota, according to the U.S. Forest Service.
A 62-year-old woman is dead after driving underneath a semitruck on a highway in Evergreen Township, Minnesota, on Thursday night, according to the Minnesota State Patrol.
The Federal Aviation Administration and National Transportation Safety Board are investigating after a small plane crashed in Winona County, Minnesota, Thursday evening.
Twenty-four months after Nikki Anderson disappeared without a trace in Dakota County, Minnesota, her sister says her family is left with no answers and plenty of questions.
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.
Francesca Hong has not backed away from calls to defund and abolish the police, raise taxes on the wealthy, and create a state-owned bank — positions now facing voters in a state Trump has carried twice.
A former Wisconsin judge will soon learn her sentence for felony obstruction for helping an immigrant evade federal officers.
The Wisconsin Supreme Court ruled 5-2 that guardianship records sought by the Wisconsin Voter Alliance to identify ineligible voters are not public records under state law.
Transportation Secretary Sean Duffy has transferred $1 million from his former congressional account to a super PAC supporting Michael Alfonso, his 26-year-old son-in-law, who is running for Duffy's old Wisconsin seat in an Aug. 11 primary.
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.
A trip to the video store was once a weekly ritual, and now one Minnesota movie lover is trying to bring that experience back.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Graham Platner had until 5 p.m. on Monday to formally suspend his campaign or he would remain on the ballot in November.
In the plan under discussion, the Secret Service and the White House would be able to open and close sections of the fencing, sources said.
Eight months ago, Hegseth told top military leaders there would be "no more beardos" and "fat troops."
President Trump said Friday he won't sign the law, but a U.S. official said he isn't expected to veto it either.
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.
Insurance experts say hail damage claims that once averaged $10,000–$15,000 now routinely reach $40,000–$60,000, even as many policies have shifted away from full replacement coverage.
Hundreds of workers, employed by Delaware North Company to serve food and drinks, say they are fighting for livable wages and healthcare benefits.
Target is tapping designer and TV personality Isaac Mizrahi for a newly created role as creative director at large as the discounter aims to reclaim its reputation for stylish clothing on a budget.
Two Burnsville, Minnesota, parents are facing charges after medical officials found their child had "extensive bruising" following a welfare check at their home, according to court documents filed on Friday.
A Twin Cities fire chief is accused of sexually assaulting and grooming a teen girl enrolled in the Fire Explorers job-shadowing program, charges filed in Anoka County reveal.
A 17-year-old boy faces a weapon charge in connection with the fatal shooting of another teen at a Twin Cities park on Sunday.
An employee at a St. Paul, Minnesota, daycare who was fired after allegedly hitting a 4-year-old in the face multiple times now faces a gross misdemeanor charge.
Two people were hospitalized after a domestic stabbing in Brooklyn Park, Minnesota, early Friday, according to police, and one of them will be jailed after release.
More than 75,000 Minnesotans have been approved for the state's paid family and medical leave program, which launched at the beginning of the year.
Skip the latest fad diet. The best way to manage your weight might already be sitting on your plate.
Dozens of Twin Cities hospice workers are walking the picket line Monday in a one-day strike after nearly a year of negotiations for an inaugural union contract.
As Mayor Jacob Frey pledges a crackdown at open-air drug markets in Minneapolis, WCCO found brutal honesty about the situation from people who say they actively participate in the illicit trade.
Noah Walden says he didn't notice anything unusual while eating. About three days later, he began experiencing stomach pain that continued to worsen over the next several days.
A St. Paul, Minnesota, neighborhood that has struggled to keep businesses might be turning a corner.
It's another action-packed weekend here in Minnesota, featuring hot dogs, book fairs, community celebrations and more.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
AI-generated actor Tilly Norwood is set to star in her first feature film, with her creator saying that "art will be imitating life."
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Royce Lewis hit a two-run homer and sparked the go-ahead rally with a seventh-inning double as the Minnesota Twins beat the Los Angeles Angels 5-3.
Kayla McBride scored 14 of her 25 points in the fourth quarter, Olivia Miles added 23 points after missing two games and the Minnesota Lynx edged the New York Liberty 90-85.
The Minnesota Twins announced Friday that catcher Ryan Jeffers has been reinstated from the 10-day injured list after missing nearly two months with a left hamate bone fracture.
Vaughn Grissom went 2 for 3 with a home run and two RBIs, and the Los Angeles Angels beat the Minnesota Twins 4-3 to snap a five-game skid at Target Field in Minneapolis.
Gavin Williams pitched seven dominant innings, Gabriel Arias, Chase DeLauter and Patrick Bailey hit home runs and the Cleveland Guardians beat the Minnesota Twins 5-2 to avoid a three-game sweep.
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.
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.
Mike Lindell, who leads the Minnesota Republican gubernatorial primary at 27%, is proposing conditional non-resident visas for undocumented immigrants with no criminal record — a position that differs from the Trump administration's approach.
Mike Lindell says he called President Trump before entering the Minnesota governor's race and asked for an endorsement, but Trump has not given one — though he said in December that Lindell deserves to be governor.
One of the most-watched primary match-ups pits Minnesota Lt. Gov. Peggy Flanagan against U.S. Congresswoman Angie Craig in the race for the DFL nomination for U.S. Senate.
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
School's out, summer's here, and if you're heading to the lake on Highway 10, you may just stumble upon hidden treasure.
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.
Skip the latest fad diet. The best way to manage your weight might already be sitting on your plate.
There's no doubt your air conditioning unit is working overtime this week as oppressive heat blankets Minnesota.
In every corner of the metro, and across Minnesota, you'll find construction crews ripping up roads and rebuilding bridges. WCCO looks into whether the piles of rubble they create can get a second life.
Water beckons Minnesotans this time of year, especially our lakes. But something in it can turn us away, even if other animals and organisms need it.
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.
Dangerous heat arrives on Sunday and sticks around through Tuesday. Meteorologist Lisa Meadows shares how hot it'll get and what you should know to stay safe.
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.
Hot and humid conditions are here to stay across Minnesota for the next several days. Meteorologist Adam Del Rosso has the latest on the heat wave.
Heat indexes will be above 90 degrees on Saturday and Sunday afternoon in the Twin Cities, according to NEXT Weather meteorologist Lisa Meadows.
High temperatures across the majority of Minnesota will be in the 80s or 90s on Saturday, according to NEXT Weather meteorologist Lisa Meadows.
Dangerous heat arrives on Sunday and sticks around through Tuesday. Meteorologist Lisa Meadows shares how hot it'll get and what you should know to stay safe.
250 runners take to the Minnewashta Mud Run.
An opportunity to take a trip around the world in a single day. The International Festival of Burnsville is taking place in July 18, 2026.
Lumberjack Days heads into Stillwater July 17-29, 2026. Here's what you can expect if you attend.
Freedom Schools across the Twin Cities foster environments that support young people.