Why inflation in one battleground state could sway the election
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.
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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 Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
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.
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.
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?
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.
The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.
The U.S. government released its monthly inflation report on Wednesday morning. CBS News Business Analyst Jill Schlesinger explains it all.
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.
CBS News Business Analyst Jill Schlesinger discusses the results of a report on economic growth for the first quarter.
The latest inflation update shows some relief at the grocery store. But families are still shelling out for one major staple.
Even with the recent spike in egg prices, $3 for a dozen is more than a dollar lower than what it was a year ago.
Your money probably isn't going as far as you'd like it to. Tuesday's inflation update shows just over a 3% bump compared to February of last year. The report shows some relief at the grocery store, but families are still shelling out more for one major staple.
Discount grocery giant Aldi expects to build more stores in the Midwest, Northeast and select U.S. cities
Jerome Powell noted inflation is slowing for both goods and services, but offered no hints on potential timing of rate cuts.
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
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.
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.
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
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."
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.
The man who killed two and wounded 14 also had photos of Iranian leaders in his home, a source said.
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.
WCCO meteorologist Lisa Meadows says we will begin to warm tomorrow with some rain possible later in the evening.
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.
The National Weather Service says Saturday's band of snow left behind about 4 to 6 inches of light, fluffy snow.
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.
WCCO meteorologist Lisa Meadows says we will begin to warm tomorrow with some rain possible later in the evening.
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.