Fed rate and tariffs: Why interest is unchanged again, and what it means for you
Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.
Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.
Smurfit WestRock paper mill closing in St. Paul, laying off about 189 workers
The Smurfit WestRock paper mill in St. Paul is closing, permanently laying off about 189 employees in the city as part of a widespread staff and facility reduction.
The Smurfit WestRock paper mill in St. Paul is closing, permanently laying off about 189 employees in the city as part of a widespread staff and facility reduction.
Minnesota revises return-to-work policy exemption for state employees
In just a few weeks, most Minnesota state employees will be expected to return to the office for at least half of the time.
In just a few weeks, most Minnesota state employees will be expected to return to the office for at least half of the time.
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.
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.
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.
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.
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.
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.
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.
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.
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.
As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as reports show a slowdown.
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.
The White House came after Amazon Tuesday morning over a report that the shopping giant will begin showing tariff costs in its prices.
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.
New data shows California has overtaken Japan as the 4th largest economy in the world, Gov. Gavin Newsom announced Wednesday.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Growing concerns about tariffs and debt were some of the reasons people looked into bankruptcy filings, a recent report shows.
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?
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?
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.
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.
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.
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.
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.
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.
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.
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.