Dow soars 1,000 points on better-than-expected inflation report
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
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Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
The latest map shows extreme drought conditions have spread since last week. It’s so bad, some parts of the state are now considered "natural disaster areas."
Although the country continues to move forward, one inflation-walloped voter asks: "What do I cancel next?"
"Hawkish" policy statement from Fed leads investors to abandon hope of easing rate increases.
If you plan on getting a Christmas tree, drought and supply conditions could make things more complicated this year, similar to last.
If you plan on getting a Christmas tree, drought and supply conditions could make things more complicated. Kirsten Mitchell explains the growing pains, and what they mean for you.
Economists had expected the number of job openings to drop below 10 million for the first time since June 2021.
Christmas comes but once a year, but it feels like the holiday season is arriving earlier than ever!
Halloween is going to be a little more expensive this year. For some brands, prices have actually increased more than 40 percent. John Lauritsen talked with a grocer, and shoppers, about what they’re seeing
The 10 most popular candy brands, plus assortment bags, have seen an average price increase of 13% since 2021.
According to a Bureau of Economic Analysis report released Thursday, the U.S. gross domestic product grew at a 2.6% annual rate from July through September. David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joined John Dickerson to discuss the latest economic numbers and state of the economy.
Open enrollment is here -- and millions of Americans are making decisions about their healthcare coverage.
The president highlighted his administration's push to crack down on so-called junk fees that banks and other companies charge their customers.
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
Those who've already begun their cookie-decorating may have noticed that the price of butter is up 30% from last year.
Those who've already begun their cookie-decorating may have noticed that the price of butter is up 30% from last year.
Financial stress is even tougher on parents, with 7 in 10 saying their paychecks aren't keeping up with rising costs.
Last month, prices stayed uncomfortably high, sitting at 8.2% more than it was a year ago. And it's hitting organizations aiming to feed hungry bellies hard.
It's a hidden problem, but a growing one. Food insecurity impacts tens of thousands of Minnesotans every year.
President Joe Biden's trip to Oregon, California and Colorado is showing how he's trying to turn out Democratic votes on Election Day.
Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
The September Consumer Price Index shows prices rose 8.2% over the last year, and increased 0.4% between August and September. Gargi Chaudhuri, head of iShares Investment Strategy Americas at BlackRock, and CBS News senior White House and political correspondent Ed O'Keefe joined Tanya Rivero and Nancy Chen to discuss the impact of these numbers on the U.S. economy.
Core inflation surged to the highest level in 40 years as prices for housing, food and health care continued to rise, explains CBS News business analyst Jill Schlesinger.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
A national medical transportation business says allegations of fraud caused it to recently cancel a 20-year contract with a local company. The company says it's not true.
Jamal Murray scored 30 points, going 16 of 16 from the free-throw line and Nikola Jokic had a triple-double as the Denver Nuggets shook off a sluggish start to beat the Minnesota Timberwolves 116-105 in the opener of their first-round playoff series.
Officials say more than 100 homes were damaged and one person was injured in a "significant tornado outbreak" across Minnesota, Wisconsin and Iowa on Friday.
The Dallas Stars and Minnesota Wild are getting ready to start a first-round playoff series that has been expected for months.
Temperatures will only get to the mid-40s on Saturday. Breezy winds will keep wind chills in the 30s under a mix of clouds and sun.
A national medical transportation business says allegations of fraud caused it to recently cancel a 20-year contract with a local company. The company says it's not true.
The Hopkins Police Department says officers were dispatched to the area of Feltl Court and Smetana Road for a reported shooting around 3 p.m.
The opening was a huge success and just a year later, Erin Flavin opened up her St. Paul location. However, two years ago, she saw a shift that would end up being what she calls the "downfall of Marigold."
Lakeville is home to more than 77,000 residents and is growing quickly. New developments are pushing the city to number one in the Twin Cities for residential building permits in 2025, according to Housing First Minnesota.
"When a crisis happens in Minneapolis, this team is spot on. They are there, they are paying attention to what's going on," said Joni Hodne, director of Minneapolis 911.
Officials say more than 100 homes were damaged and one person was injured in a "significant tornado outbreak" across Minnesota, Wisconsin and Iowa on Friday.
WCCO's crew found multiple houses whose side walls had been torn down; multiple vehicles had been flipped or launched like toys; garages and sheds were leveled.
Residents in Bemidji, Minnesota, reported hearing "multiple explosions" when a structure fire caused propane tanks to blow Thursday afternoon, authorities said.
The U.S. Senate on Thursday voted to end a mining ban near the Boundary Waters in northern Minnesota.
A farm in Monticello, Minnesota, is recovering after a barn fire on Saturday killed dozens of animals, according to the facility.
Officials say more than 100 homes were damaged and one person was injured in a "significant tornado outbreak" across Minnesota, Wisconsin and Iowa on Friday.
A woman was found dead at a complex on the Mississippi River in Winona County, Minnesota, on Wednesday morning.
Gamblers in Wisconsin will still have to wait months or maybe even longer before they can start to legally place bets.
Leaders on the board that oversees the Universities of Wisconsin say that the fired president of the system was slow to address pressing issues like artificial intelligence and feared upsetting policymakers, faculty and staff.
It's one of the largest musky hatcheries in the entire world. John Lauritsen shows us how the Spooner hatchery keeps fish healthy and anglers happy.
Two years ago, Cooper met with his running partner Hulsey through My Team Triumph Minnesota, and the connection was instantly special.
Mackenzie Reed, head custodian at Shakopee East Middle School, has painted large-scale murals throughout the building she once attended as a student, creating a more welcoming space for current students.
Kristi comes to the Salvation Army not only to get food, but to shine her light. She talks with and encourages people waiting in line.
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 deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Lakeville is home to more than 77,000 residents and is growing quickly. New developments are pushing the city to number one in the Twin Cities for residential building permits in 2025, according to Housing First Minnesota.
Sources close to Supreme Court Justices Samuel Alito and Clarence Thomas tell CBS News neither is planning to retire this year.
President Trump spoke with CBS News Friday in a new telephone interview.
The man accused of attacking two lawmakers and their spouses is expected back in court.
The bills aim to close what supporters call a gambling law loophole, allowing for these prediction markets to flourish with no regulations.
It's a bittersweet changing of kegs and hands in northeast Minneapolis as HeadFlyer Brewing issued a permanent last call on Sunday.
Minnesota continues to beat the national gas price average, but there are still ways to save in the metro area.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Your car isn't the only vehicle that needs gas. It's a huge budget item for Minnesota fire departments, police and mass transit.
The Hopkins Police Department says officers were dispatched to the area of Feltl Court and Smetana Road for a reported shooting around 3 p.m.
The sentencing for a Minneapolis man who shot and killed his ex-girlfriend minutes after she posted about his abuse on social media is pushed back to Monday, after he failed to show up to court on Friday morning.
A man shot in south Minneapolis Thursday evening should survive, police say.
Federal agents say they executed criminal search warrants at two Twin Cities stores on Thursday as part of an investigation into $2.1 million of Supplemental Nutrition Assistance Program fraud.
A federal jury convicted a Minnesota man of illegally possessing a machine gun while on the way to a Twin Cities high school graduation.
At M Health Fairview Southdale Hospital in Edina, Minnesota, there is an emergency room within the emergency room, focused on mental health.
Lawmakers at the Minnesota State Capitol are searching for solutions, trying to lend a hand to Hennepin Healthcare before it's too late.
The popular afternoon pick-me-up in a cup is like a super food, supplement and medicine cure-all.
At 5 years old, William Staley Olesen is a ball of energy. Watching him run around, laugh and play, it would be hard to know just how much he has already been through.
With a billion in Medicaid cuts, Hennepin Healthcare, a hospital that serves people with or without insurance, will likely close if state lawmakers don't act.
A video game is helping people experience the Ojibwe culture in a new way.
At Mixed Blood Theatre in Minneapolis, a new production is using the stage to explore the impact of immigration and displacement.
Brad Paisley, along with special guest Avery Anna, will take to the stage on Sept. 3.
Minnesota's own Bob Dylan will return to the Twin Cities to play a show at the new Mystic Lake Amphitheater this summer.
Lady Gaga is still slated to perform in St. Paul later this week, despite canceling her Monday night show in Montreal.
Jamal Murray scored 30 points, going 16 of 16 from the free-throw line and Nikola Jokic had a triple-double as the Denver Nuggets shook off a sluggish start to beat the Minnesota Timberwolves 116-105 in the opener of their first-round playoff series.
The Dallas Stars and Minnesota Wild are getting ready to start a first-round playoff series that has been expected for months.
Eugenio Suárez went 2 for 3 with a double and two RBIs, Brandon Williamson allowed a run in 5 1/3 innings, and the Cincinnati Reds beat the Minnesota Twins 2-1.
Two years ago, Cooper met with his running partner Hulsey through My Team Triumph Minnesota, and the connection was instantly special.
Minnesota clinched the program's first NCAA finals appearance in women's gymnastics, joining top three seeds Oklahoma, Florida and LSU to battle for the national title.
From the controversies to the name-calling to bathhouse proposals to perhaps not renewing Police Chief Brian O'Hara's contract, it seems the Minneapolis City Council is always giving us something to talk about.
From the controversies to the name-calling to bathhouse proposals to perhaps not renewing Police Chief Brian O'Hara's contract, it seems the Minneapolis City Council is always giving us something to talk about.
Both the DFL and GOP nominating conventions are the last weekend in May 7, and voting for the Aug. 11 primary begins in June.
Minnesota's hospitals are facing a growing financial crisis amid higher costs, fewer insured patients, shuttering clinics and federal Medicaid cuts.
Minnesota's hospitals are facing a growing financial crisis amid higher costs, fewer insured patients, shuttering clinics and federal Medicaid cuts.
At Arnie Lillo's Creations in Blue Earth County, you can visit a metal-scaled version of the Eiffel Tower and the Golden Gate Bridge. The works of art have taken on a shape of their own.
It's one of the largest musky hatcheries in the entire world. John Lauritsen shows us how the Spooner hatchery keeps fish healthy and anglers happy.
Shattuck-St. Mary's is more than a hockey school, but hockey has helped put the school on the map. They have banners and big names to prove it, though the real evidence lies with a man called Rooster.
Opening Day for the Minnesota Twins is almost here. And across town, the St. Paul Saints are getting ready for their season, too, with some added history.
The Nuss Collection is home to a lot of vintage trucks.
The popular afternoon pick-me-up in a cup is like a super food, supplement and medicine cure-all.
One of the biggest obstacles to exercising can be finding enough time to work out. WCCO explores whether upping the intensity can give someone the same benefits in a shorter amount of time.
Filing your taxes can be stressful. But daydreaming about how to spend that refund makes it worthwhile.
It's estimated that children playing with fire set more than 20,000 fires every year. On average, the fires they start cause nearly 1,000 injuries and 150 deaths each year.
As we all pay more to fuel our cars, drivers might miss the savings hidden right at the pump. It comes down to timing, then adjusting your routine.
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.
Some flurries are possible overnight, and the cool weekend continues Sunday.
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.
Officials say more than 100 homes were damaged and one person was injured in a "significant tornado outbreak" across Minnesota, Wisconsin and Iowa on Friday.
Temperatures will only get to the mid-40s on Saturday. Breezy winds will keep wind chills in the 30s under a mix of clouds and sun.
A cool and breezy weekend is ahead, with temperatures only warming into the 40s on Saturday.
Our cool weekend continues on Sunday, but warmer weather is on the way.
A national medical transportation business says it recently canceled a 20-year contract with a local company due to fraud allegations. The company says it's not true.
Some flurries are possible overnight, and the cool weekend continues Sunday.
Minneapolis parks are cleaner thanks to the hard work of thousands of people.
Who doesn't love bread? If you're hoping to bake some of your own, Clay Coyote is ready to help you get started.