U.S. consumer sentiment plunges in April as trade war fuels anxiety
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
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Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
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.
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.
President Trump took aim at Minnesota in a Saturday morning post on Truth Social in which he suggested moving Immigration and Customs Enforcement agents to airports amid staffing shortages due to the partial government shutdown.
A stretch of springlike warmth will peak midweek in Minnesota, with a return to more typical temperatures to follow.
As Iran threatens to mine the entire Persian Gulf, Trump says his deadline for the Strait of Hormuz to reopen is postponed amid negotiations with Tehran.
Two pilots were killed and dozens of people injured at New York's LaGuardia Airport late Sunday night when an arriving Air Canada Express plane and fire and rescue vehicle collided, authorities said.
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.
President Trump took aim at Minnesota in a Saturday morning post on Truth Social in which he suggested moving Immigration and Customs Enforcement agents to airports amid staffing shortages due to the partial government shutdown.
Many colorful creations deck the shelves of Hope & Plum. The two moms and entrepreneurs behind it are busting out of their current warehouse. It's a situation they never could have foreseen when they first crossed paths in 2014.
According to the Minneapolis Police Department, a woman in her 20s had been crossing Marshall Street Northeast near 16th Avenue Northeast just after 3 a.m. when she was struck by a vehicle at a high rate of speed.
A lawsuit was filed against Minneapolis, claiming the city, including Mayor Jacob Frey, have failed to hire enough police officers.
The Minnesota State Patrol says a 2016 GMC Terrain SUV traveling north on Highway 71 and a southbound 2019 Ford Transit Van collided head-on near 240th Street.
Friday saw our warmest day of the year, so far. Saturday will see even warmer temperatures with highs potentially hitting the 70s.
Indoor hockey rinks, supermarkets, and even some medicines — those are just a few things that wouldn't be possible without Minnesota's own Frederick McKinley Jones.
Police in Oakdale, Minnesota, are investigating after two officers and two Hampton Inn hotel employees were taken to the hospital after being exposed to a substance believed to be fentanyl.
Authorities are investigating an alleged incident involving the Rogers High School boys' basketball team that occurred during travel to and from an away game.
Wisconsin lawmakers are taking a shot at expanding sports betting in the state.
A Wisconsin legislator has pleaded no contest to a misdemeanor count of disorderly conduct in connection with a bitter feud with her caucus over resolutions honoring Hispanics.
As the war in Iran evolves, National Guardsmen from Wisconsin are being recognized for what they are doing in the Middle East.
It's the season for booking those spring break getaways, and if you're looking to skip the airport this year, take a page out of the Condé Nast Traveler.
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.
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.
Minnesota native and World War II veteran Les Schrenk died earlier this week. He was 102 years old.
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 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.
President Trump took aim at Minnesota in a Saturday morning post on Truth Social in which he suggested moving Immigration and Customs Enforcement agents to airports amid staffing shortages due to the partial government shutdown.
Young mothers working as Minnesota state senators are trying to change a system that was never designed to include them, saying their workplace is not allowing them time and space to breastfeed their infants.
Fear is costing families in Shakopee hundreds of thousands of dollars.
Trump first mentioned the idea over the weekend, while specifically mentioning Minnesota.
Xcel Energy wants to increase rates for 492,000 natural gas customers in Minnesota. Customers can weigh in on the proposal during public hearings in April and May.
As fraud remains in focus in the Minnesota Legislature, the House on Monday unanimously approved a bill to repeal from state law a problematic program that prosecutors said was the target of a massive fraud scheme.
Delta is canceling flights at Midwest airports, including its Minneapolis-St. Paul hub, ahead of expected significant snow and winds starting Saturday evening through Sunday, the airline said Friday.
Minnesota House Speaker Emerita Melissa Hortman and her husband Mark were murdered in their home in June 2025. On top of grieving the sudden, tragic loss of his parents, Colin Hortman says the cleanup of his childhood home was a headache.
Data show that catalytic converter thefts are on the rise again in the Twin Cities.
According to the Minneapolis Police Department, a woman in her 20s had been crossing Marshall Street Northeast near 16th Avenue Northeast just after 3 a.m. when she was struck by a vehicle at a high rate of speed.
Minneapolis police are investigating a shooting that killed a 19-year-old man and injured a 16-year-old boy late Saturday night.
Minneapolis police are investigating after four teenagers were shot late Friday night.
The killings of a mother and her young son were the culmination of about one and a half years of abuse, according to the words of Jennifer Marsaw herself.
A 22-year-old St. Paul man faces charges after a shooting at an apartment building Wednesday afternoon that left a man dead and a woman critically injured.
Deputy Fire Marshal Shawn Johnson, 61, died March 5 after a two-year battle with job-related cancer, the Minnetonka Fire Department announced.
Sacramento-based Sutter Health announced plans to acquire Minneapolis-based Allina Health, promising a $2 billion investment in Minnesota and Wisconsin, but healthcare unions say workers weren't consulted.
Hennepin County lawmakers plan to urge state legislators Wednesday morning to save Hennepin Healthcare, the state's busiest Level 1 trauma center, which officials say could close this year without immediate action.
Hennepin County lawmakers plan to urge state legislators Wednesday morning to save Hennepin Healthcare, the state's busiest Level 1 trauma center, which officials say could close this year without immediate action.
A northern California health nonprofit is planning to acquire Allina Health in a deal that was announced Tuesday.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Spring break does not have to mean big travel plans or big spending for families who head to the Walker Art Center in Minneapolis, where a new exhibit invites children to climb, crawl and create as part of the art experience.
Comedian Bert Kreischer is without a tour bus after his caught fire in Minnesota.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
The loss snapped the Celtics' four-game winning streak and left them just a half-game ahead of the New York Knicks in second place in the Eastern Conference.
Seattle's Andrew Thomas finished with two saves and Drake Callender did likewise as the Sounders and Minnesota United played to a scoreless draw.
Amaya Battle hit a tiebreaking jump shot with 0.7 seconds left, lifting Minnesota past Mississippi 65-63 in the second round of the NCAA Tournament to reach the Sweet 16 for the first time in 21 years.
Vladimir Tarasenko scored 3:06 into overtime and the Minnesota Wild beat the Dallas Stars 2-1 on Saturday in what could be a first-round playoff preview.
Yes, the leaders of arguably the top two pound-for-pound high school squads in Minnesota also are co-head coaches of a fourth grade basketball team.
Young mothers working as Minnesota state senators are trying to change a system that was never designed to include them, saying their workplace is not allowing them time and space to breastfeed their infants.
Unlike the Minnesota House, which does allow children on the House floor, the Minnesota Senate bars children from being on the floor.
President Donald Trump has called the bill his number one priority and says it would prevent non-citizens from voting in the 2026 midterm elections.
Minnesota Secretary of State Steve Simon says non-citizen voting is extremely rare. He cited a University of St. Thomas study that found only three instances of non-citizens voting in Minnesota between 2014 and 2024.
The U.S. Senate has begun debate on a controversial elections bill that would require voters to show proof of citizenship with a birth certificate or passport. Minnesota Secretary of State Steve Simon says non-citizen voting is extremely rare. He cited a University of St. Thomas study that found only three instances of non-citizens voting in Minnesota between 2014 and 2024.
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.
One of the oldest operating theaters in the Midwest is in danger of closing its doors for good.
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.
Heavy snow followed by bitter cold hit Minnesotans with a double whammy of winter. The good news is spring-like weather is right around the corner, but its quick arrival could spell trouble for homeowners.
Minnesota lakes remain frozen. The people walking on trails around them remain bundled up. After a warm start to March, the seasonal shift is sputtering as it often tends to do.
Drivers are bracing themselves for higher prices when they pull up to gas stations. But the pump isn't the only place you can expect to pay more in the weeks ahead.
A push for stricter gun laws in Minnesota is not new. However, this session comes on the heels of a devastating mass shooting last summer in which the target was students in prayer at Annunciation Catholic School in Minneapolis.
The military strikes against Iran have sparked intense debate in Congress. U.S. lawmakers are not only split on whether to support the operation but also on whether President Trump should have sought congressional approval in advance. WCCO investigates how the Constitution defines declarations of war.
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.
Monday will be mild and improving in the Twin Cities. Highs will approach 50, with some sunshine.
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.
A stretch of springlike warmth will peak midweek in Minnesota, with a return to more typical temperatures to follow.
A stretch of springlike warmth will peak midweek in Minnesota, with a return to more typical temperatures to follow.
WCCO meteorologist Katie Steiner says the Twin Cities will see a decent amount of sun tomorrow, with temperatures right around 50.
ICE could be stepping in to help TSA agents as the ongoing partial government shutdown continues, President Trump says his ultimatum for Iran to reopen the Strait of Hormuz is being postponed and more.
Monday will be mild and improving in the Twin Cities. Highs will approach 50, with some sunshine.
Susan-Elizabeth Littlefield has a story to get you going on this Monday morning.
Hundreds of flights are canceled and the airport is expected to be closed until Monday afternoon.
Border czar Tom Homan says agents will likely only go to "large airports" where travelers are dealing with hourslong wait times, plus more of the day’s top stories.