Minnesota’s minimum wage will increase on Jan. 1, 2026
Minnesota will have a new minimum wage beginning on Jan. 1, 2026, as rates are adjusted for inflation.
President Trump to address the nation
President Trump is set to deliver an address to the nation on Wednesday night, as the administration hopes to end the year on firmer footing. The White House isn’t divulging much about this address, but we expect a whole range of topics from the economy to foreign policy. FOX’s Doug Luzader reports.
Delayed November jobs report shows US added 64K jobs but lost 105K in October
The Labor Department jobs report released Tuesday shows U.S. employers added 64,000 jobs in November but lost 105,000 in October. The reports for both months were delayed due to the 43-day federal government shutdown.
Americans admit it's harder than usual to afford gifts this holiday season, poll finds
Americans aren’t feeling the Christmas cheer this year thanks to persistent high prices and a job market that appears to have entered a deep freeze.
U.S. layoffs hit five-year high: over 1 million jobs lost
The U.S. job market is facing significant challenges with over one million layoffs this year, raising concerns among economists about future economic hardships.
Trump's management of the economy hits its lowest point, poll finds
A new poll is showing declines in Trump’s economic and immigration approval. Here’s what we know.
What Trump's $12 billion farmer bailout package could mean for grocery prices
The funds will be used to help U.S. farmers pay off their debts and plan financially for next year's planting, which will in turn ensure that they can keep producing food, and therefore stabilize the U.S. food supply.
These states unemployment claims are decreasing the most, data finds
With applications for unemployment benefits falling nationwide to one of its lowest marks in a few years, these states experienced the biggest drop in claims filed.
Woodbury Dental Arts reaches settlement with MN authorities, state now accepting refund claims
Minnesota Attorney General Keith Ellison announced a settlement with the Woodbury Dental Arts' bankruptcy trustee, allowing consumers to seek refunds for services they paid for but never received.
US layoffs soar past 1.1M in 2025, highest level since the pandemic
Layoffs announced by employers in November pushed the 2025 total to the highest level since the wave of pandemic-induced layoffs in 2020, new data shows.
Minnesota's looming budget deficit widens under new forecast despite cuts
The Minnesota budget office is projecting an increasing deficit for the state in its next budget cycle, despite cuts during the previous legislative session.
Oil and gas prices expected to stay significantly lower through 2026
Noticing some relief at the gas pump? Oil and gas prices are expected to stay significantly lower through 2026, according to the latest forecast from the Energy Information Administration.
Delayed $3.6B aid that helps families pay to heat their homes released to states
Approximately $3.6 billion in delayed funding for heating assistance was released Friday to states and tribes. Here’s what we know.
HP to slash up to 6,000 jobs by 2028 in massive AI transformation push
Tech giant HP is looking to cut $1B in costs in next three years, and is cutting thousands of jobs in the meantime.
Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows
A new report report found that middle-income Americans are suffering from an "inflation hangover" after several years of price hikes.
Minnesota Rusco fallout: Attorney general advice for customers on recovering funds
The Minnesota Attorney General's Office is advising Minnesota Rusco customers on how to recover their money after the company abruptly closed in late October.
Double whammy insurance shock for Minnesota homeowners
Many Minnesota homeowners are experiencing a double whammy with their insurance bills, as both premiums and deductibles for wind and hail damage are on the rise.
Verizon layoffs: Company to cut thousands of jobs
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient" its entire company. Here's what we know.
Delayed September jobs report shows US added surprising 119K jobs: What to know
The Department of Labor said Thursday the U.S. economy added 119,000 jobs in September, above economists' estimates. The unemployment rate rose to 4.4% in September, which was higher than economists' expectations.
Minnesota’s economy falling behind, report finds
Minnesota is lagging several other states in key economic indicators, according to a report by the Minnesota Chamber of Commerce. The report painted a grim economic picture, with declining labor force and job growth and shrinking income growth.