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."
Taxi driver considers career change due to spiking gas prices
After almost 10 years of collecting fares at MSP Airport, Sisayn Bekuto is now thinking about making a career change. The longtime taxi driver says very soon he may leave his taxi cab behind for good, and it?s all because of how much it's costing him to fill up his tank.
After almost 10 years of collecting fares at MSP Airport, Sisayn Bekuto is now thinking about making a career change. The longtime taxi driver says very soon he may leave his taxi cab behind for good, and it?s all because of how much it's costing him to fill up his tank.
Average gas price in US jumped nearly 40 cents in recent weeks
The average price at the pump is nearly $2 higher than it was one year ago.
The average price at the pump is nearly $2 higher than it was one year ago.
Gas prices hit $5 nationwide for the first time ever
The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.
The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.
Inflation zooms 8.7% in Twin Cities, slightly more than US
Inflation in the Minneapolis-St. Paul metropolitan area surged by a record 8.7% in May over the year, slightly higher than the national average.
Inflation in the Minneapolis-St. Paul metropolitan area surged by a record 8.7% in May over the year, slightly higher than the national average.
Biden blames pandemic, Putin as high US inflation persists
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.