April had the 6th-highest gas prices in nearly 4 years
Consumers faced record-breaking hardship at the pump in April as the national average for a gallon of gas exceeded $4 per gallon for the first time since 2022.
Consumers faced record-breaking hardship at the pump in April as the national average for a gallon of gas exceeded $4 per gallon for the first time since 2022.
Gas prices rise again amid Iran war, tax relief debated
Drivers across the United States are seeing another spike in gas prices amid the ongoing war in Iran. President Trump supports suspending the federal gas tax, but the impact would likely be minimal. Meanwhile, a separate debate is intensifying over Department of Homeland Security funding, where Republicans are close to advancing funding, but Democrats are holding out for broader reforms.
Drivers across the United States are seeing another spike in gas prices amid the ongoing war in Iran. President Trump supports suspending the federal gas tax, but the impact would likely be minimal. Meanwhile, a separate debate is intensifying over Department of Homeland Security funding, where Republicans are close to advancing funding, but Democrats are holding out for broader reforms.
Minneapolis Fed president discusses economic outlook
The Minneapolis Fed president spoke the economic outlook for the Twin Cities. FOX 9's Karen Scullin has the latest.
The Minneapolis Fed president spoke the economic outlook for the Twin Cities. FOX 9's Karen Scullin has the latest.
Walmart to cut or relocate 1,000 jobs in efforts to compete with Amazon
Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.
Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.
U.S. drought could increase prices
A drought throughout the U.S. could worsen already increasing prices, as the nation currently experiences the worst drought conditions in nearly 100 years. FOX 9’s Cody Matz explains how the conditions will affect the agriculture industry, and eventually your budget.
A drought throughout the U.S. could worsen already increasing prices, as the nation currently experiences the worst drought conditions in nearly 100 years. FOX 9’s Cody Matz explains how the conditions will affect the agriculture industry, and eventually your budget.
Young Americans stand out for job market pessimism, data shows
Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.
Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.
Hegseth defends Pentagon's $1.5 trillion budget request
Military leaders, including Pete Hegseth and Gen. Dan Caine, are defending the Pentagon's $1.5 trillion budget request before Congress on Tuesday. Their testimony comes as inflation and gas prices continue to rise while the Iran war remains unresolved. FOX's Rebekah Castor has the latest.
Military leaders, including Pete Hegseth and Gen. Dan Caine, are defending the Pentagon's $1.5 trillion budget request before Congress on Tuesday. Their testimony comes as inflation and gas prices continue to rise while the Iran war remains unresolved. FOX's Rebekah Castor has the latest.
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Strait of Hormuz disruptions
Saudi Aramco CEO Amin Nasser says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.
Saudi Aramco CEO Amin Nasser says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.
CPI report: April inflation jumped at fastest rate in three years
As the war in Iran carries on, prices rose for Americans in April at the fastest rate since May 2023.
As the war in Iran carries on, prices rose for Americans in April at the fastest rate since May 2023.
Trump tariff refunds begin: Businesses await relief
Months after the Supreme Court struck down President Trump's chief economic policy, reimbursement checks are being issued to businesses. The Trump administration and Customs and Border Protection are starting to issue $127 billion, plus interest, in tariff refunds.
Months after the Supreme Court struck down President Trump's chief economic policy, reimbursement checks are being issued to businesses. The Trump administration and Customs and Border Protection are starting to issue $127 billion, plus interest, in tariff refunds.
These cities rank as the best places to start a career in 2026, according to data
For young professionals searching for a job in a crowded market, finding an opportunity may come down to the zip code you're in, which might improve your odds of securing a job based on a recent report.
For young professionals searching for a job in a crowded market, finding an opportunity may come down to the zip code you're in, which might improve your odds of securing a job based on a recent report.
Minnesota gas prices surge: Twin Cities hits $4.18, costs climb $1.28 from 2025
According to GasBuddy’s survey of 1,106 stations, the average price for regular gasoline in the Twin Cities jumped 10.9 cents per gallon in the last week, now sitting at $4.18 per gallon.
According to GasBuddy’s survey of 1,106 stations, the average price for regular gasoline in the Twin Cities jumped 10.9 cents per gallon in the last week, now sitting at $4.18 per gallon.
Trump says he aims to suspend gas tax amid high fuel prices
President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.
President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.
April job cuts up nearly 40%: See which industries had the most layoffs
Job cuts last month increased by 38%, according to a recent report by Challenger, Gray & Christmas.
Job cuts last month increased by 38%, according to a recent report by Challenger, Gray & Christmas.
DOJ confirms antitrust probe of major meatpackers over beef price inflation
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.
US restaurant sales fall as Iran war drives up gas prices
With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.
With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.
Clinique and M.A.C.-owner Estée Lauder to cut 3,000 more jobs, mainly at its stores
Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading.
Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading.
Minnesota unemployment stabilizes at 4.5% after Operation Metro Surge
Minnesota’s unemployment rate stayed at 4.5% in March while the national rate dipped to 4.3%, as officials say the labor market is stabilizing, but recovery challenges still remain.
Minnesota’s unemployment rate stayed at 4.5% in March while the national rate dipped to 4.3%, as officials say the labor market is stabilizing, but recovery challenges still remain.
U.S. national debt reaches historic milestone
The U.S. national debt has hit an all-time high, and for the first time since WWII the number has surpassed the size of the economy – just as the war with Iran continues to cost taxpayers an estimated $25 billion so far.
The U.S. national debt has hit an all-time high, and for the first time since WWII the number has surpassed the size of the economy – just as the war with Iran continues to cost taxpayers an estimated $25 billion so far.
Trump signs DHS funding bill, ending a record shutdown
The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.
The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.