Yellen says China trip "has been successful" in forging relationships
Yellen believes her visit to Beijing created "opportunity for a deeper set of more frequent contacts," she said on "Face the Nation" Sunday.
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Yellen believes her visit to Beijing created "opportunity for a deeper set of more frequent contacts," she said on "Face the Nation" Sunday.
Ultimately, the vote passed with a strong bipartisan majority of both Democrats as well as Republicans, 314-117 in the end. Among Republicans, 149 voted in favor of the bill while 71 voted against it. Among Democrats, 165 voted yes while 46 voted no.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
Both the U.S. House and Senate are expected to vote as soon as Wednesday on a deal reached over the weekend to raise the U.S. debt ceiling.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
The treasury secretary says the plan would be set in motion if additional collapses trigger a run on banks.
The collapse of Silicon Valley Bank is the largest of a financial institution since the failure of Washington Mutual in 2008.
The Treasury Department has been using so-called extraordinary measures to keep paying the bills since the government hit the debt limit in January.
The treasury secretary warned household payments on mortgages and auto loans would go up, and other payments to military families and seniors would not be made.
She says many of the underlying causes of inflation are slowly being resolved.
Secretary Yellen says she sees positive signs on the horizon when it comes to inflation.
The treasury secretary tells Norah O'Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.
The pet insurance industry is relatively new, and experts say that's partly why there's a low number of policies, but it is growing.
Planting is underway and spring conditions have been good across much of Minnesota. But even so, some farmers are electing to sit out a year.
Elk River follows the cities of Champlin, Zumbrota, St. Francis and others in reverting back to the old state symbol that was originally adopted in 1957.
Minneapolis police suspect a driver was under the influence when he fatally struck a bicyclist on the city's southside early Monday morning.
The Minnesota Twins have placed right-hander Mick Abel on the 15-day injured list with right elbow inflammation.
Minneapolis police suspect a driver was under the influence when he fatally struck a bicyclist on the city's southside early Monday morning.
"Personal finance and investing is personal for a reason, and A.I. is pretty generic," said University of St. Thomas' Dr. Manjeet Rege.
A Minneapolis wrestler took home the girls state title two years in a row, and now they're using that dominant strength to find success in their spring sport.
Teniki Steward, 40, was convicted of two counts of third-degree murder and two counts of criminal vehicular operation for the Dec. 16, 2024, crash.
Hundreds of nursing home workers from across the Twin Cities are on strike Monday.
Planting is underway and spring conditions have been good across much of Minnesota. But even so, some farmers are electing to sit out a year.
Elk River follows the cities of Champlin, Zumbrota, St. Francis and others in reverting back to the old state symbol that was originally adopted in 1957.
Terrifying surveillance footage shows the moment a tornado smashed into a southern Minnesota home Friday.
Law enforcement in southern Minnesota canceled an alert for a 12-year-old boy who went missing Sunday night.
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.
Dozens of former employees are now suing their former bosses after they were all abruptly laid off from a metal fabrication plant in western Wisconsin.
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.
Bobby Rogers once came to the Minneapolis Institute of Art to sketch and study; now he leads its design and editorial work, shaping what visitors see and experience.
Moses Cooper, who has cerebral palsy, met running partner Mark Hulsey through My Team Triumph Minnesota two years ago and the pair qualified for the Boston Marathon at Grandma's Marathon last summer.
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.
Elk River follows the cities of Champlin, Zumbrota, St. Francis and others in reverting back to the old state symbol that was originally adopted in 1957.
Legislation was introduced after Hannah LoPresto came forward as part of a WCCO Investigates series.
A personal story of grooming in high school is leading the way for change in Minnesota. Senior Investigative Reporter Jennifer Mayerle shares the cost of making grooming a felony.
A watchdog agency designed to fight fraud is still a work in progress at the Minnesota Capitol this year, but lawmakers say they are closer to finding compromise.
Lori Chavez-DeRemer is taking a role in the private sector, according to the White House.
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.
Minneapolis police suspect a driver was under the influence when he fatally struck a bicyclist on the city's southside early Monday morning.
Legislation was introduced after Hannah LoPresto came forward as part of a WCCO Investigates series.
Teniki Steward, 40, was convicted of two counts of third-degree murder and two counts of criminal vehicular operation for the Dec. 16, 2024, crash.
A proposal to create a new independent watchdog agency in Minnesota to crack down on fraud in public programs could cost nearly $16 million over the next few years for set-up alone, a fiscal analysis shows, as lawmakers continue to hash out disagreements.
D4vd, whose real name is David Burke, is charged with first-degree murder with special circumstances, lewd and lascivious acts with an individual under 14 and mutilating a body.
Hundreds of nursing home workers from across the Twin Cities are on strike Monday.
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.
Bobby Rogers once came to the Minneapolis Institute of Art to sketch and study; now he leads its design and editorial work, shaping what visitors see and experience.
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.
The Minnesota Twins have placed right-hander Mick Abel on the 15-day injured list with right elbow inflammation.
A Minneapolis wrestler took home the girls state title two years in a row, and now they're using that dominant strength to find success in their spring sport.
So far in his career, at least lately, Justin Jefferson has not had consistency in the guy throwing to him. Enter Kyler Murray.
The Minnesota Vikings are hoping a unique approach to this year's NFL draft will prove more successful than their past few efforts.
TJ Friedl hit a go-ahead, three-run double in the ninth inning, Rece Hinds added a two-run double in the 10th, and the Cincinnati Reds rallied past the Minnesota Twins 7-4 on Sunday for a three-game sweep.
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 pet insurance industry is relatively new, and experts say that's partly why there's a low number of policies, but it is growing.
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.
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.
WCCO meteorologist Lisa Meadows says the warming trend will continue, with highs in the 80s possible on Wednesday.
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 Lisa Meadows says tomorrow will be mostly sunny with highs in the mid 70s.
Terrifying surveillance footage shows the moment a tornado smashed into a southern Minnesota home Friday.
Minnesota will get a brief break Tuesday from elevated fire conditions, says NEXT Weather meteorologist Lisa Meadows.
WCCO meteorologist Lisa Meadows says the warming trend will continue, with highs in the 80s possible on Wednesday.
Owning a pet is getting more expensive, and sudden medical bills can only make matters worse. In tonight's Good Question, Jeff Wagner explores whether insuring your furry friend is the right move for you.
Minneapolis police say one man is dead and another is facing charges after a crash early Monday morning.
One of the metro's fastest-growing cities is forcing a slowdown.
The ripple effect from the War with Iran is being felt in the farm fields of Minnesota and Wisconsin. Farm diesel prices have gone up 46% since the war started. The American Farm Bureau Federation says that's on top of rising fertilizer prices. John Lauritsen met some farmers choosing to sit out the season because of growing expenses.