Biden blames pandemic, Putin as high US inflation persists
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
Out-of-gas calls on the rise, AAA says
In April alone, AAA received 50,787 calls from stranded drivers.
In April alone, AAA received 50,787 calls from stranded drivers.
US inflation hit 8.6% in May, a new 40-year high
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
Seasonal employee shortage impacting Public Works departments across Twin Cities
Know someone looking for work? From mowing parks to dragging ball fields, seasonal Public Works employees create the backdrop for summer fun.
Know someone looking for work? From mowing parks to dragging ball fields, seasonal Public Works employees create the backdrop for summer fun.
No, you're not imagining it — package sizes are shrinking, here's why
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
More Minnesotans bringing bikes in for repairs as gas prices soar
High gas prices have some Minnesota families thinking about alternative ways to get around. Bicycle shops told FOX 9 that more people are bringing in their bikes for repairs while they're also seeing an increase in sales on certain items.
High gas prices have some Minnesota families thinking about alternative ways to get around. Bicycle shops told FOX 9 that more people are bringing in their bikes for repairs while they're also seeing an increase in sales on certain items.
Soaring gas prices pump the brakes on return-to-work efforts
Google employees, contractors protest return-to-work requirement wiping out paycheck with costly commute.
Google employees, contractors protest return-to-work requirement wiping out paycheck with costly commute.
Having a baby with special medical needs means high formula costs
Much of the discussion surrounding baby formula in recent months has centered around the concerns about supply. But a mom from the Twin Cities also wants to shine a light on another issue: the high costs of specialized formulas.
Much of the discussion surrounding baby formula in recent months has centered around the concerns about supply. But a mom from the Twin Cities also wants to shine a light on another issue: the high costs of specialized formulas.
Gas prices in Minnesota jump 35 cents in a week
Prices at the pump in Minnesota saw the largest hike in nearly a decade this week as gas prices continue to push above record highs.
Prices at the pump in Minnesota saw the largest hike in nearly a decade this week as gas prices continue to push above record highs.
Go-broke dates pushed back for Social Security, Medicare
Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.
Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.
May jobs report: US added 390,000 jobs last month as hiring remained robust
U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
US gas prices could top $5 a gallon by mid-June, analyst predicts
With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.
With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.
Food shelves face emptier shelves than ever amid skyrocketing demand for services
As consumers are noticing higher food and gas prices, food shelves are feeling that impact just as much.
As consumers are noticing higher food and gas prices, food shelves are feeling that impact just as much.
Inflation zaps US savings rate, a warning sign for some
Consumers haven’t been this worried since the financial crisis of 2008.
Consumers haven’t been this worried since the financial crisis of 2008.
Global shortage of dye used in CT scans causing challenges for Minnesota hospitals
Hospitals across the globe are facing shortages of a medical dye that is used daily for medical imaging, such as CT scans.
Hospitals across the globe are facing shortages of a medical dye that is used daily for medical imaging, such as CT scans.
Amazon tests package deliveries directly from shopping malls
Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.
Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.
Key inflation measure slowed in April for the first time since 2020
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
More Memorial Day travel expected, despite high gas prices
AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.
AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.
Bank of America to raise minimum wage to $22 an hour
It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.
It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.
Coca-Cola to phase out Honest tea products amid supply chain backlogs, dwindling sales
The global drink company will, however, continue to produce its Honest Kids line of organic juice drinks.
The global drink company will, however, continue to produce its Honest Kids line of organic juice drinks.