Gov. Walz wants to send $175 checks to Minnesotans
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Governor Tim Walz said Thursday he wants to send out surplus checks to Minnesotans of $175 for individuals and $350 for couples.

Unemployment claims climb to 286,000, the most since October

Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.

Best Buy CEO sees high worker turnover in US economy lasting 12-24 months

The heads of the Minneapolis Federal Reserve and Best Buy say uncertainty caused by the COVID-19 pandemic will cloud the economy in the near term, with supply chain disruptions and a worker shortage likely to continue.

Financial planning important after Alzheimer?s diagnosis
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Alzheimer?s has become one of the most expensive diseases for families to deal with. More Minnesotans are having to face this reality. Within the next four years, the Alzheimer?s Association expects 120,000 Minnesotans will live with this disease.

Best Buy CEO sees high worker turnover in U.S. economy lasting 12-24 months
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The heads of the Minneapolis Federal Reserve and Best Buy say uncertainty caused by the COVID-19 pandemic will cloud the economy in the near term, with supply chain disruptions and a worker shortage likely to continue.

Retail sales drop 1.9% in December following early holiday rush

Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.

How to boost your credit score in 2022
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Get ready for a big purchase in 2022 by boosting your credit score. Vachel Hudson from Urban League Twin Cities has the top tips to get your finances in order.

Navient cancels $1.7 billion in student loans following settlement

Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.

US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic

The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.

Inflation surges in December to highest rate since 1982

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.

3 things borrowers should know about the extended student loan payment pause

The pause on federal student loan payments has been extended from February until May, giving borrowers an additional 90 days to prepare for student loan repayment. Here are 3 things federal student loan borrowers should keep in mind.

Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot

Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.

Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for

Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.

Getting out of debt is a top New Year's resolution, study finds

Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.

Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.