How much money it takes to be 'rich' in America for 2024

A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.

Downtown Minneapolis' recovery has been best in North America over last year: study

After lagging behind other cities after the pandemic, a new study shows downtown Minneapolis has seen the best rebound of all major city downtowns over the last year.

Bad service, no tip: Most Americans demand quality before tipping

A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.

These salaried workers are now eligible for overtime pay

The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.

'Doom spending' instead of home buying—how young people are spending their money

Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.

This Minnesota Express store is closing as company files for bankruptcy

Express is closing nearly 100 stores as it files for Chapter 11 bankruptcy protection, including one in Minnesota and two in Wisconsin.  

Minnesota schools selected for job training grants

Grants can be used to "provide employment training for student learners in high-growth, high-demand occupations."

High inflation is costing Americans an extra $1K a month

Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.

Free electronic tax filing for Minnesotans could be provided by state soon

Stressing over your tax returns? Lawmakers are considering the creation of a free electronic tax filing system that would be available for Minnesotans in the future.

America's top 1% has total net worth of $44 trillion

Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.

Why are food prices so high despite inflation falling?

Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.

Three reasons why egg prices are so high ahead of Easter

Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.

Minnesota investing millions to help train people for high-demand jobs

About $20 million in Minnesota state grants will go to schools and training centers as part of an effort to prepare workers to meet the high demand for five fields of employment. 

Philanthropist MacKenzie Scott donates millions to Minnesota nonprofits

Billionaire philanthropist MacKenzie Scott announced on Tuesday that several Minnesota nonprofits would receive millions of dollars in donations. 

More people moved to these US counties in 2023 than anywhere else

The U.S. Census Bureau released data on Thursday showing the top 10 counties in the country with the most population growth in 2023.

Minnesota unions make waves with new strategy

Unions across the Twin Cities brought their voices together in a coordinated effort last week, as workers in various industries authorized strikes.