Inflation rate rose by 2.4% last month, showing cooling prices
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
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Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The Postal Service contends, as it did last year before a similar increase, that the price hike is needed to achieve financial stability.
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
CBS News Business Analyst Jill Schlesinger discusses the results and the recent swings in the stock market.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
We've been talking a lot about how hard shoppers are getting hit by grocery prices, but grocery stores feel squeezed too. The good news is the increases seem to be leveling up. Groceries went up 11% in 2022, 5% in 2023 and 1% in 2024. Susan-Elizabeth Littlefield shows us how a local neighborhood grocer is getting creative in this week's Price Check.
The Federal Reserve Bank of Minneapolis shared the results of its latest survey on Tuesday involving six states, including Minnesota and parts of Wisconsin.
Nick Foulks with Great Waters Financial has tips for how people can cope with the higher cost of living.
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.
The recent election was a clear indicator that your money matters when it comes to the prices you pay. With that in mind, WCCO gives us a price check on some popular items from stores across the metro.
Last year's election was a clear indicator that your money matters when it comes to the prices you pay. Recent research shows 81% of voters said the economy and inflation were the main issues driving them to the polls — that includes the rising price of gas and groceries. With that in mind, WCCO's Susan-Elizabeth Littlefield gives us a price check on some popular items from stores across the metro.
The White House levied new import duties on its three closest trading partners.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
CBS News business analyst Jill Schlesinger breaks down the data.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
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.
Ann-Renée Desbiens made 17 saves for her fourth shutout of the season and the Montreal Victoire beat the Minnesota Frost 4-0 on Sunday to take the PWHL lead.
The East Range Police Department says Sgt. Cody Siebert's death was unexpected.
The National Weather Service says Saturday's band of snow left behind about 4 to 6 inches of light, fluffy snow.
The sheriff's office says 38 people were cited and released, and one person was jailed for riot.
A former Oakdale, Minnesota, police officer has been sentenced to one year of probation for misconduct after he failed to report he had been making repeated calls to a person with known mental health issues while on duty.
The sheriff's office says 38 people were cited and released, and one person was jailed for riot.
A former Oakdale, Minnesota, police officer has been sentenced to one year of probation for misconduct after he failed to report he had been making repeated calls to a person with known mental health issues while on duty.
A 25-year-old man reached a deal to plead guilty to first-degree manslaughter in the shooting death of a 17-year-old girl in Brooklyn Park, Minnesota, last summer.
The rotunda at the Mall of America in Bloomington, Minnesota, has hosted nearly every type of event over the years, but celebrated a first-of-its-kind event on Saturday.
Minnesota's leaders are reacting to the news about the United States and Israel attacking Iran. A Minnesotan, who grew up in Iran, spoke with WCCO.
The East Range Police Department says Sgt. Cody Siebert's death was unexpected.
The National Weather Service says Saturday's band of snow left behind about 4 to 6 inches of light, fluffy snow.
The U.S. and Israel announced a major military operation against Iran early Saturday. President Trump threatened the Iranian government for weeks over their nuclear program and Iran's violent crackdown on protesters in January.
Wintery weather returns this weekend.
A 69-year-old man has been arrested after a Lakeville, Minnesota, woman's death was ruled a homicide, the Wabasha County Sheriff's Office said Friday.
A judge has sentenced a Wisconsin man who forged threats against President Donald Trump as part of a deportation scheme to 16½ years in prison.
A fire at a hotel in Superior, Wisconsin, Monday night left one person hurt and forced guests to move to new lodgings.
Excitement is in the air in northern Wisconsin with the 52nd annual American Birkebeiner underway.
The longest-serving Assembly speaker in Wisconsin history, who acted as a block on the battleground state's Democratic governor and also drew the ire of President Donald Trump, isn't running again.
Wisconsin Republicans who long blocked a bipartisan measure to expand postpartum Medicaid coverage plan to pass the measure following pressure from Democrats.
People from across the nation are traveling to the Twin Cities, but not as tourists. Many want to learn in person from Minnesota protestors to bring that knowledge back to their own cities.
The Edina wife and mother of three said she felt called to go and protest in south Minneapolis after learning that Alex Pretti had been shot and killed by two Border Patrol agents.
Tuesday afternoon, more than 20 people gathered on the Highway 62 bridge between Minneapolis and Richfield after a small protest sparked a confrontation there last week.
Karmel Mall has been mostly silent, with shops closed at the building on East Lake Street. Operation Metro Surge has caused many Somalis to stay home.
The ongoing presence of ICE and federal law enforcement in the Minneapolis area has kept many immigrants at home for fear of being arrested. Now, their neighbors are crowdsourcing to cover their rent.
March will be pivotal as Minnesotans attempt to emerge from the shadow of massive fraud. The federal government says it is withholding $259 million in Medicaid funding and that the state has 60 days to prove that it has rooted out fraud in existing programs. The commissioner of the Minnesota Department of Human Services, Shireen Gandhi, joins Esme Murphy on WCCO Sunday Morning at 10:30 a.m.
U.S. Central Command said Sunday that three American service members were killed and five others were seriously wounded as part of the military operation in Iran.
President Trump posted on social media that Iranian Supreme Leader Ayatollah Ali Khamenei had been killed after a massive U.S. and Israeli military operation Saturday.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
On Friday, hundreds of leaders from Minnesota food banks and food shelves came together in Brooklyn Center. Their goal is to find the best ways to help hungry families in the aftermath of Operation Metro Surge, and while food prices remain high.
Target will stop selling its entire assortment of cereal with certified synthetic colors by the end of May.
Consumers are urged to stop using the pressure cookers and dispose of them immediately.
The U.S. Supreme Court struck down a key part of President Trump's economic plan late last week: tariffs. But the president fought back, slapping a 15% global tariff on imported goods.
On Friday morning, workers held a press conference to reflect on how the Immigration and Customs Enforcement surge has impacted the food industry.
A former Oakdale, Minnesota, police officer has been sentenced to one year of probation for misconduct after he failed to report he had been making repeated calls to a person with known mental health issues while on duty.
A 25-year-old man reached a deal to plead guilty to first-degree manslaughter in the shooting death of a 17-year-old girl in Brooklyn Park, Minnesota, last summer.
Fourteen people were hospitalized, including three in critical condition, after the shooting at Buford's, a beer garden in Austin's entertainment district.
A teenager who has admitted to shooting and killing another teen in Minneapolis, for now, is not expected to spend any time in an adult prison. The family of the victim is distraught.
A judge has sentenced a Wisconsin man who forged threats against President Donald Trump as part of a deportation scheme to 16½ years in prison.
Target will stop selling its entire assortment of cereal with certified synthetic colors by the end of May.
The Minnesota Department of Health said there have been 10 reported cases in the state so far this year. There were five cases as of the last update, which came on Feb. 19.
Democratic Minnesota Gov. Tim Walz laid out his anti-fraud legislative package on Thursday, one day after the White House paused $259 million in federal Medicaid payments to the state until a comprehensive action plan is laid out to fight fraud.
Vice President JD Vance says the Trump administration will "temporarily halt" some Medicaid funding to the state of Minnesota over fraud concerns.
Hennepin County leaders, along with top brass from Minneapolis' Hennepin County Medical Center, opened the books in front of a panel of Minnesota senators Wednesday.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
As a musician and performer, Prince showed a generation that being different wasn't a liability. Now, an author and illustrator are telling the story of Prince's life in a new children's book.
A 19th-century George Méliès film, thought to be long lost, has been found among a box of brittle movie reels that a Michigan donor brought to the Library of Congress, officials said.
Bobby J. Brown's breakout role was as a police officer on HBO's "The Wire." He appeared in 12 episodes across four seasons.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Ann-Renée Desbiens made 17 saves for her fourth shutout of the season and the Montreal Victoire beat the Minnesota Frost 4-0 on Sunday to take the PWHL lead.
Bobby Durkin, Cade Tyson and Langston Reynolds combined to score 65 points to lead Minnesota past UCLA 78-73 on Saturday.
Kelvin Yeboah's rebound goal and Drake Callender's four saves gave Minnesota United FC a 1-0 win over Cincinnati FC on Saturday.
The Wild were taken down by the Utah Mammoth 5-2 on Friday night to end Minnesota's winning streak at six games.
Sisters Mya and Ashlee Wilson lead the Hill-Murray girls basketball team in scoring, assists and rebounds. Head coach Betty Trull says they bring more than just strong statistics to the program.
In the aftermath of Operation Metro Surge, a bill to make it easier for someone to sue the federal government is advancing at the Minnesota Capitol.
Two major priorities are on a collision course in the Minnesota Legislature.
The GOP is promoting an aggressive anti-fraud agenda while the DFL is hammering hard on the immigration crackdown and the continuing fallout.
The political fallout of Operation Metro Surge is expected to be long lasting not just in Minnesota, but across the country.
The political fallout of Operation Metro Surge is expected to be long lasting not just in Minnesota, but across the country. In Talking Points, Esme Murphy spoke with Abou Amara, a Democratic analyst, and Amy Frederiksen, a Republican analyst, about the political impact.
In St. Louis Park, Minnesota, there's a place where you can find radio and television technology that's nearly a century old — and it still works.
One of the best views in Minnesota is at the top of a Bloomington hill. But 15-year-old Jacob Larson isn't here for the scenery. He's here for the jump.
Pine trees are a common sight up north. But on a Carlton, Minnesota, road, they're joined by giant lollipops. They serve as the welcoming committee for Sweetly Kismet, one of the largest candy stores in the state.
John Lauritsen shares the story behind a massive snow sculpture that's now become a winter destination.
Northland Arboretum was built half a century ago on top of what was once a city dump. But over time, nature carved its own path with a little help from a Zamboni.
Traveling is already stressful, especially flying, but the deadly conflict south of the border might have some travelers second-guessing their upcoming trips.
Drivers beware. Cities are seeing an uptick in stolen cars this winter.
On the first day of the Minnesota Legislature, artificial intelligence is giving visitors and lawmakers at the State Capitol a new sense of security.
From the flu to the common cold, viruses keep knocking out Minnesotans this winter. A physician with Hennepin Healthcare breaks down how long an individual may be contagious after they start to feel better.
White House border czar Tom Homan, without offering further explanation, claimed the federal immigration operation in Minnesota uncovered thousands of missing children in the state, but it's likely related to a much larger number the administration has been touting for a few years.
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.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The National Weather Service says Saturday's band of snow left behind about 4 to 6 inches of light, fluffy snow.
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.
WCCO meteorologist Adam Del Rosso says to expect a quiet, but cold end to the weekend before a warmup tomorrow.
Sunday will see highs in the 20s, but more sunshine is expected. We start the week warmer, climbing back into the 30s.
Sunday will feel similar to Saturday with highs in the 20s, but more sunshine is expected. We start the week warmer, climbing back into the 30s. Meteorologist Adam Del Rosso shares just how long we'll stay in the 30s and when we could see another storm.
WCCO meteorologist Adam Del Rosso says to expect a quiet, but cold end to the weekend before a warmup tomorrow.
March will be pivotal as Minnesotans attempt to emerge from the shadow of massive fraud. The federal government says it is withholding $259 million in Medicaid funding and that the state has 60 days to prove that it has rooted out fraud in existing programs. The commissioner of the Minnesota Department of Human Services, Shireen Gandhi, joins Esme Murphy on WCCO Sunday Morning at 10:30 a.m.
For Iranians living in Minnesota, the common thread in their response is emotion. As our Conor Wight shows us, some hope this is the start of liberation. While others fear for the future.
Three U.S. service members have been killed and five wounded in the Iran operation. U.S. Central Command announced the news shortly before 9 a.m. Sunday.
Esme Murphy and Adam Del Rosso have the latest headlines from WCCO.com.