A closer look at how Trump's economic plan could impact inflation

Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.

Holiday spending projected to hit new record this year

Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.

Inflation reaches lowest point in 3 years; here's what prices came down most

The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.

How much do you need to earn to be considered middle class in MN?

A new survey is looking at what you need to make to be considered middle class in the United States. Here's what you need to earn in Minnesota:

The salary you need to make to live comfortably in Minneapolis: Study

A new study that claims to analyze several metrics has determined how much money a person needs to make to live comfortably in Minneapolis.

Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

Would Harris or Trump do a better job on the economy? Voters spilt in new poll

About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.

Will the Fed's rate cut bring down mortgage rates?

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.

Poll shows Americans take dim view of grocery industry amid recalls, inflation

A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.

Inflation continues to cool, latest numbers show

The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.

US inflation hits 3-year low as Federal Reserve set to cut interest rates

With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.

Company plans to track workers' locations in return-to-office crackdown

One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year. 

Where Trump, Harris stand on easing childcare costs

On this topic, Trump and Harris have one main commonality: Both have supported a higher child tax credit. Here’s what they’ve said.

Gen Z cynical about future as majority call cost of living the number one election issue

Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.