Key inflation measure slowed in April for the first time since 2020

High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.

More Memorial Day travel expected, despite high gas prices

AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.

Bank of America to raise minimum wage to $22 an hour

It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.

Taxpayers can now track refunds for past two years

The IRS recently updated its “Where's My Refund?” online tool to introduce the new feature where taxpayers can select any of the three most recent tax years to check their refund status.

Report: employers hiring 30% more college grads this year

The survey also found that 42% of entry-level positions will be fully in person, 40% will be hybrid, and 18% will be fully remote.

Baby formula shortage: 78,000 pounds of formula arrives in US

The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.

Minnesota's unemployment hits record low, but wages don’t keep pace with inflation

While many businesses throughout Minnesota struggle to find workers, unemployment claims throughout the state have fallen to record lows and wages struggle to keep pace with inflation.

Nestle flies baby formula to US from Europe to ease shortage

Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.

Walmart targets college grads for future manager jobs earning $200K

College grads can apply for Walmart’s new management trainee program with a chance to land a store manager gig that pays more than $200,000 a year.

HomeHelpMN applications open to help pay mortgages

Minnesota Housing on Tuesday announced applications opened for HomeHelpMN, a program to provide financial assistance to homeowners who are late on their mortgages due to the COVID-19 pandemic.

Travel expert warns pilot shortage crisis will get 'bigger and bigger'

The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."

6 months in, Biden's infrastructure plan has 4,300 projects

The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.