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Economy

Latest updates on the U.S. economy.

Private sector added 62K jobs in April, well below expectations, ADP says

Private sector added 62K jobs in April, well below expectations, ADP says

Private sector job growth slowed sharply in April, with companies adding just 62,000 positions—well below expectations—as employers navigated economic uncertainty, according to ADP.

April 30, 2025 7:19pm CDT
Here's how many Americans now say inflation is their top financial worry

Here's how many Americans now say inflation is their top financial worry

Cost of living and affording basic needs combined with inflation were among the major concerns for Americans and their families based on findings from a recent poll.

April 30, 2025 4:15pm CDT
U.S. economy shrank in first quarter; first drop in three years

U.S. economy shrank in first quarter; first drop in three years

Economic growth in the first quarter was impacted in part by a rise in imports as U.S. companies attempted to bring in foreign goods amid the enforcement of tariffs.

April 30, 2025 2:00pm CDT
Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes

Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes

President Trump’s tariff and customs changes have begun affecting how many Americans shop online. Here’s what Amazon, Shein and Temu are saying amid rising operating costs.

April 30, 2025 9:18am CDT
How is the economy after Trump's first 100 days?

How is the economy after Trump's first 100 days?

As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as reports show a slowdown.

April 29, 2025 8:04pm CDT
Amazon tariff price report addressed by White House: ‘Hostile and political’

Amazon tariff price report addressed by White House: ‘Hostile and political’

The White House came after Amazon Tuesday morning over a report that the shopping giant will begin showing tariff costs in its prices.

April 29, 2025 4:16pm CDT
California is now 4th largest economy in the world, new data shows

California is now 4th largest economy in the world, new data shows

New data shows California has overtaken Japan as the 4th largest economy in the world, Gov. Gavin Newsom announced Wednesday.

April 24, 2025 6:10pm CDT
Ellison joins AGs suing Trump administration over tariffs

Ellison joins AGs suing Trump administration over tariffs

A lawsuit signed by 12 state attorneys general, including Minnesota's Keith Ellison, is challenging the authority of the Trump administration over tariffs imposed through executive orders.

April 24, 2025 2:50pm CDT
Trump reportedly ponders $5K baby bonus as US fertility rate remains near record low

Trump reportedly ponders $5K baby bonus as US fertility rate remains near record low

The Trump administration is reportedly looking at ways to incentivize having a baby to increase the U.S. birth rate, which remains near a record low according to newly-released CDC data.

April 23, 2025 12:36pm CDT
Who owns America’s debt? What to know amid an uncertain economic outlook

Who owns America’s debt? What to know amid an uncertain economic outlook

Foreign countries hold trillions in U.S. government debt through Treasuries. But recent market volatility and tariffs have raised concerns about a global sell-off — and what that could mean for Americans.

April 22, 2025 8:07pm CDT
Trump says he won’t fire Fed chair, days after hinting otherwise and triggering market dip

Trump says he won’t fire Fed chair, days after hinting otherwise and triggering market dip

President Trump said Tuesday he does not plan to fire Federal Reserve Chair Jerome Powell, easing market fears after earlier threats to remove him triggered a selloff.

April 22, 2025 7:00pm CDT
Americans considering filing for bankruptcy hits highest level since pandemic

Americans considering filing for bankruptcy hits highest level since pandemic

Growing concerns about tariffs and debt were some of the reasons people looked into bankruptcy filings, a recent report shows.

April 18, 2025 10:47am CDT
Can Trump fire the fed chair? President lashes out at Powell for economic outlook

Can Trump fire the fed chair? President lashes out at Powell for economic outlook

President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?

April 17, 2025 12:15pm CDT
United Airlines calls economy ‘impossible to predict’ as Trump tariffs cloud business outlook

United Airlines calls economy ‘impossible to predict’ as Trump tariffs cloud business outlook

United Airlines said the economy is “impossible to predict” as Trump’s trade war adds confusion to business forecasts. Companies like Nvidia, AMD, and ASML also report disruptions.

April 16, 2025 4:08pm CDT
China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn

China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn

China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.

April 15, 2025 9:55pm CDT
Trump suggests he may pause 25% auto tariffs amid market concerns

Trump suggests he may pause 25% auto tariffs amid market concerns

President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.

April 14, 2025 2:34pm CDT
Inflation fell in March despite Trump tariffs: Here's why

Inflation fell in March despite Trump tariffs: Here's why

Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.

April 10, 2025 1:24pm CDT
Here's how to track federal funding cuts in Minnesota

Here's how to track federal funding cuts in Minnesota

Minnesota officials have launched a public dashboard to help track how federal funding disruptions and cuts are affecting services and agencies in the state.

April 9, 2025 12:06pm CDT
Delta pulls 2025 forecast, says growth has stalled in Trump's trade war

Delta pulls 2025 forecast, says growth has stalled in Trump's trade war

Uncertainty from President Trump’s global trade war has prompted Delta Airlines to pull its 2025 forecast.

April 9, 2025 9:32am CDT
Gas prices could fall as crude oil plummets, expert says

Gas prices could fall as crude oil plummets, expert says

Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.

April 7, 2025 4:33pm CDT
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SCOTUS will allow Texas to use redrawn congressional map for 2026 election

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

Detroit's RoboCop statue installed at Eastern Market after years of delays

Detroit's RoboCop statue installed at Eastern Market after years of delays

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Look up tonight: Supermoon to soar into the sky

Look up tonight: Supermoon to soar into the sky

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Convicted sex offender, who served no prison time, charged in Bloomington rape

Convicted sex offender, who served no prison time, charged in Bloomington rape

Walz 'welcomes' federal probe into fraud allegations: 'You commit fraud, you're going to prison'

Walz 'welcomes' federal probe into fraud allegations: 'You commit fraud, you're going to prison'

Trump, ICE target Somalis in Minneapolis; city leaders respond

Trump, ICE target Somalis in Minneapolis; city leaders respond

Mountain lion spotted in Duluth, public advised to not approach

Mountain lion spotted in Duluth, public advised to not approach

Woman charged after 17 dogs rescued, 18 found dead on Watonwan County property

Woman charged after 17 dogs rescued, 18 found dead on Watonwan County property

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