Fewer people request US unemployment benefits amid solid hiring, high inflation
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Costco CEO says hot dog combo price might remain $1.50 forever
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
CBO: Biden's student loan cancellation plan to cost $400B
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
Dick's Sporting Goods announces plans to hire up to 9,000 for holidays
A slew of companies have already announced their seasonal hiring plans.
A slew of companies have already announced their seasonal hiring plans.
New rule will reveal 'true cost' of airline tickets, White House says
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
Butter shortage drives up prices ahead of holiday baking season
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
Home prices have already declined 5% from their May peak.
Target Deal Days, price matching starting in October
Target is starting the holiday shopping season early, with its popular Deal Days and price matching beginning in October.
Target is starting the holiday shopping season early, with its popular Deal Days and price matching beginning in October.
Fed hikes rate by three-quarters of a point in continued fight against inflation
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
Existing home sales drop to lowest level since 2020
Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.
Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.
Prudential Financial joins Dayton’s Project in downtown Minneapolis
The 12-story building on Nicollet Mall that was once home to the iconic Dayton's department store for decades has announced a new tenant to occupy its spaces.
The 12-story building on Nicollet Mall that was once home to the iconic Dayton's department store for decades has announced a new tenant to occupy its spaces.
Gallup: More than half of U.S. workers are ‘quiet quitting’
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
Here's how much more you'll pay to heat your home this winter
The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.
The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.
EXPLAINER: How the strong U.S. dollar can affect everyone
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
Minnesota employers seeing ‘renewed interest’ in labor unions this year
This year Minneapolis teachers and Minnesota nurses walked off the job, and other industries – most recently the railway workers – averted potential strikes. Some experts point to a "renewed interest" in labor unions as one driving reason.
This year Minneapolis teachers and Minnesota nurses walked off the job, and other industries – most recently the railway workers – averted potential strikes. Some experts point to a "renewed interest" in labor unions as one driving reason.
Minnesota jobless rate edges up to 1.9% in August, still near record low
Minnesota's unemployment rate ticked up to 1.9% in August as hiring slowed, though the jobless rate remains near a historic low amid a tight labor market.
Minnesota's unemployment rate ticked up to 1.9% in August as hiring slowed, though the jobless rate remains near a historic low amid a tight labor market.
Minnesota among top 5 states for 'quiet quitting’
The "quiet quitting" trend is sweeping the American workforce as employees' mindsets change from putting in extra hours at work to wanting a better work-life balance. And this concept seems to be quite popular in Minnesota.
The "quiet quitting" trend is sweeping the American workforce as employees' mindsets change from putting in extra hours at work to wanting a better work-life balance. And this concept seems to be quite popular in Minnesota.
Tentative railway labor deal reached, averting strike, Biden says
The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.
The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.
Social Security cost-of-living increase could be largest in 40 years, estimate says
For the average retiree who got a monthly check of $1,656 this year, an adjustment of 8.7% would boost the payment by $144.10, according to an advocacy group’s estimate.
For the average retiree who got a monthly check of $1,656 this year, an adjustment of 8.7% would boost the payment by $144.10, according to an advocacy group’s estimate.
Union members reject deal 2 days before deadline to avoid massive rail strike
A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.
A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.