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Economy

Latest updates on the U.S. economy.

Trump's tariffs on Mexico and Canada planned for Tuesday; China tariffs to double

Trump's tariffs on Mexico and Canada planned for Tuesday; China tariffs to double

President Donald Trump's 25% tariffs on Mexico and Canada are expected to go into effect on March 4, as critics warn it will drastically raise prices in the U.S.

February 27, 2025 12:16pm CST
Did no-tax-on-overtime pass? What to know after House adopts budget resolution

Did no-tax-on-overtime pass? What to know after House adopts budget resolution

The framework that passed on Tuesday is only a budget resolution to set overall targets for the future and does not change tax law. Here's what's next.

February 26, 2025 7:01am CST
1 in 3 Americans have 'layoff anxiety' in 2025, survey finds

1 in 3 Americans have 'layoff anxiety' in 2025, survey finds

Many companies, including Starbucks and Chevron, have already announced layoffs this year.

February 25, 2025 5:17pm CST
How to save money at the grocery store: Survey found these top ideas

How to save money at the grocery store: Survey found these top ideas

As grocery prices tick up, 88% of Americans say they’re changing the way they shop. Here's how.

February 25, 2025 1:16pm CST
With inflation high, some Americans have stopped tipping for these services

With inflation high, some Americans have stopped tipping for these services

More than half of consumers say rising inflation is impacting their tipping habits, according to a new survey.

February 25, 2025 12:29pm CST
Elon Musk email to federal employees targeted in lawsuit

Elon Musk email to federal employees targeted in lawsuit

Here's the latest on the email fiasco that developed over the weekend involving Elon Musk and hundreds of thousands of federal employees.

February 24, 2025 9:54pm CST
Fired federal employees search for work but struggle to replace their old jobs

Fired federal employees search for work but struggle to replace their old jobs

President Donald Trump and Elon Musk have presided over thousands of federal job cuts impacting most of the nation. Now, former government workers are looking for new jobs.

February 24, 2025 11:01am CST
Starbucks laying off more than 1,000 corporate employees

Starbucks laying off more than 1,000 corporate employees

The move comes as dozens of other private companies have announced layoffs so far in 2025, in addition to thousands of positions being affected within the federal government.

February 24, 2025 8:54am CST
Border Patrol sees uptick in egg smuggling on southern border amid skyrocketing prices

Border Patrol sees uptick in egg smuggling on southern border amid skyrocketing prices

The bird flu has caused the price of eggs to skyrocket.

February 22, 2025 9:24am CST
Live updates: Trump hosts India's PM after increasing US tariffs

Live updates: Trump hosts India's PM after increasing US tariffs

President Trump signed another executive order increasing U.S. tariffs before hosting India's prime minister at the White House.

February 13, 2025 5:05pm CST
CPI inflation report: Egg, gas and other prices that jumped in January

CPI inflation report: Egg, gas and other prices that jumped in January

Americans are continuing to pay more for groceries, gas and the like. Here’s what prices jumped the most in the last month.

February 12, 2025 10:05am CST
MN layoffs are trending higher, earlier in the year

MN layoffs are trending higher, earlier in the year

Multiple companies started the new year by filing WARN notices to lay off more than 100 employees in Minnesota.

February 11, 2025 10:14pm CST
Getting rid of the penny: Collectible coin dealer weighs in

Getting rid of the penny: Collectible coin dealer weighs in

They're the mainstays of change jars and car cup holders across the country, but soon the penny could be no more.

February 11, 2025 8:40am CST
US economy added 143,000 jobs in January, below expectations

US economy added 143,000 jobs in January, below expectations

The U.S. economy added jobs at a slower pace than expected in January, as the Federal Reserve remains in a holding pattern for interest rate cuts as it evaluates the labor market and inflation data.

February 7, 2025 8:46am CST
China responds to Trump's tariffs: See the list

China responds to Trump's tariffs: See the list

China has announced retaliatory tariffs on select American imports and an antitrust investigation into Google.

February 4, 2025 8:39am CST
Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations

Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations

President Donald Trump delayed planned tariffs on Mexico and Canada for 30 days after both countries agreed to strengthen border security.

February 3, 2025 3:51pm CST
Trump tariff plan: Which MN companies might be most affected

Trump tariff plan: Which MN companies might be most affected

A recent analysis from a Minnesota accounting firm looked at which companies would be the hardest hit by President Trump's planned tariffs.

February 3, 2025 11:23am CST
Uncertainty looms across multiple MN industries as Trump imposes tariffs

Uncertainty looms across multiple MN industries as Trump imposes tariffs

President Donald Trump announced sweeping tariffs will go into effect on Tuesday on imports from Canada, Mexico, and China.

February 2, 2025 10:14pm CST
Tariffs could cause 'some pain' for Americans, Trump says

Tariffs could cause 'some pain' for Americans, Trump says

President Donald Trump insists tariffs on our closest neighbors are needed to “protect Americans," but he conceded Sunday that they might also cause “some pain."

February 2, 2025 12:12pm CST
Trump tariffs latest: China to file lawsuit for 'wrongful practices of US'

Trump tariffs latest: China to file lawsuit for 'wrongful practices of US'

Trump argues the tariffs are necessary to “protect Americans” and to curb the export of fentanyl. But for our North American neighbors, the move sparked an undeniable sense of betrayal.

February 2, 2025 8:48am CST
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2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

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

Trending

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

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

Trump's remarks, threats spark fear in Minnesota’s Somali community

Trump's remarks, threats spark fear in Minnesota’s Somali community

MyPillow CEO Mike Lindell files to run for Minnesota governor

MyPillow CEO Mike Lindell files to run for Minnesota governor

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

Sled dogs recovering after trailer splits in half on icy Minnesota interstate

Sled dogs recovering after trailer splits in half on icy Minnesota interstate

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