Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19
Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
US Treasury Secretary Janet Yellen says recession is not inevitable
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
Crypto crash: Bitcoin falls below $20,000 as selloff continues
It's the latest sign of turmoil in the cryptocurrency industry amid wider turbulence in financial markets.
It's the latest sign of turmoil in the cryptocurrency industry amid wider turbulence in financial markets.
100 million Americans carry medical debt with some owing more than $10K, poll finds
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
How rising interest rates make borrowing more expensive, benefit savers
The Federal Reserve is signaling that it will raise interest rates above 3% by the end of the year as it struggles to control inflation without plunging the economy into a recession.
The Federal Reserve is signaling that it will raise interest rates above 3% by the end of the year as it struggles to control inflation without plunging the economy into a recession.
Seniors take jobs as lifeguards as YMCA struggles to find workers
During the summer, it's typical to see a teen or college student working a summer job as a lifeguard, sitting in a tall chair at your pool or beach. However, as the YMCA struggles to find workers, retired seniors are showing up to fill shifts.
During the summer, it's typical to see a teen or college student working a summer job as a lifeguard, sitting in a tall chair at your pool or beach. However, as the YMCA struggles to find workers, retired seniors are showing up to fill shifts.
Minnesota jobless rate dips to record 2%, but pace of growth slows
Minnesota's unemployment rate fell to its second straight monthly record low in May even as signs of an economic slowdown appeared on the horizon.
Minnesota's unemployment rate fell to its second straight monthly record low in May even as signs of an economic slowdown appeared on the horizon.
Average US mortgage rates hit 5.78%, highest level since 2008
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.
Fed raises key interest rate in largest hike since 1994
The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.
The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.
Biden tells oil refiners: Produce more gas and diesel, fewer profits
In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.
In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.
Americans feeling the stress from inflation
Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.
Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.
Money and mental health
As inflation worsens, many are keeping a closer eye on both their mental health and budgets.
As inflation worsens, many are keeping a closer eye on both their mental health and budgets.
Shipping prices, supply chain issues the focus of bill headed to Biden
A bill to regulate the prices that international shipping companies can charge to carry goods from U.S. manufacturers and commodities from farmers is headed to the desk of President Biden.
A bill to regulate the prices that international shipping companies can charge to carry goods from U.S. manufacturers and commodities from farmers is headed to the desk of President Biden.
Biden puts focus on workers during Philadelphia visit to AFL-CIO convention
President Joe Biden has told the largest federation of labor unions that he’s rebuilding the U.S. economy around workers.
President Joe Biden has told the largest federation of labor unions that he’s rebuilding the U.S. economy around workers.
President Biden addresses economy, inflation at AFL-CIO National Convention in Philadelphia
Keep an eye out for the Presidential Motorcade - President Biden is making his way to the “City of Brotherly Love” Tuesday morning.
Keep an eye out for the Presidential Motorcade - President Biden is making his way to the “City of Brotherly Love” Tuesday morning.
What makes a bear market? Wall Street term explained
Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.
Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.
James Beard Awards: Owamni in Minneapolis wins Best New Restaurant
The annual James Beard Awards took place Monday, and similar to years past the Twin Cities was well represented - with one taking home Best New Restaurant even.
The annual James Beard Awards took place Monday, and similar to years past the Twin Cities was well represented - with one taking home Best New Restaurant even.
Minnesota scrambles to match federal construction funds after Capitol impasse
A legislative stalemate -- and the fading chances for a special session -- have Minnesota transportation officials scrambling to figure out how to come up with required matching money to unlock federal construction funds.
A legislative stalemate -- and the fading chances for a special session -- have Minnesota transportation officials scrambling to figure out how to come up with required matching money to unlock federal construction funds.
These electric vehicles are cheaper to own than gas ones now
Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.
Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.
Bitcoin, other cryptocurrencies collapse, major crypto lender Celsius Network halts operations
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."