Latest CPI report shows rising inflation — here’s what it means for you
CBS News Business Analyst Jill Schlesinger discusses the results and the recent swings in the stock market.
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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.
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.
