Retired housekeeper wins $50K in scratch-off lottery for 3rd time

A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

Stocks sink on new COVID variant; Dow loses 1,000 points

A day after the Stock Market was closed for Thanksgiving, news of a new COVID-19 variant sent stocks falling, with the Dow losing 1,000 points.

Inflation eats up most of Minnesota workers' wage gains

Inflation is matching increases in Minnesota workers' average hourly earnings nearly dollar-for-dollar, meaning workers are seeing little real benefit from their paycheck gains.

Rising inflation not stopping consumer spending, new data shows

Personal incomes, which provide the fuel for future spending increases, rose 0.5% in October after having fallen 1% in September, a reflection of a drop in government support payments.

GasBuddy expert: Twin Cities gas prices could start falling slightly ahead of holiday

On Tuesday President Joe Biden ordered 50 million barrels of oil be released from the United States’ strategic reserve to help bring down energy costs and experts say the move could have immediate but temporary impacts.

Dollar Tree doubles down on pricing items over $1

Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

Student loan payments restart in February, but survey finds 89% of borrowers aren't ready

About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.

Food costs up 5.3%, local restaurants feel the impact

The U.S. Bureau of Labor and Statistics released a consumer price index summary this month showing over the last year food prices have increased by 5.3 percent.

Department of Labor raises federal contract workers’ minimum wage to $15 an hour

The U.S. Department of Labor announced on Monday an increase of the federal minimum wage to $15 an hour for federal contractors, giving a pay bump to hundreds of thousands of workers.

Jerome Powell nominated for 2nd term as Fed chair amid surging inflation

Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.

Supply chain issues, worker shortages cause uncertainty for Minnesota turkey farmer

Since the 1950s, Zimmerman Turkey Farm in Northfield has helped make the most important part of any Thanksgiving dinner. In a state that claims the title of #1 turkey producer in the nation, John Zimmerman says his farm generates 3.5 million pounds of the bird each year. 

Walz applauds federal funding for energy help while some lawmakers call it a 'Band-Aid'
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On Thursday Minnesota Governor Tim Walz joined the United States Secretary of Energy Jennifer Granholm and governors from other states to discuss federal funding for energy assistance.