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.
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.
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.
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.
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.
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.
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.
Steady savings: Today's mortgage rates hold for 3 key terms | Nov. 23, 2021
Check out the mortgage rates for Nov. 23, 2021, which are largely unchanged from yesterday.
Check out the mortgage rates for Nov. 23, 2021, which are largely unchanged from yesterday.
Hunting a mortgage refinance deal? Look to longest, shortest terms today | Nov. 23, 2021
Check out the mortgage refinancing rates for Nov. 23, 2021, which are a mixed bag from yesterday.
Check out the mortgage refinancing rates for Nov. 23, 2021, which are a mixed bag from yesterday.
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.
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.
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.
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.
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'
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.
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.
US unemployment claims drop seventh straight week to 268,000
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
Target, Walmart say holiday inventory is up despite supply chain disruptions
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Today's mortgage rates rest at bargain lows for third straight day | Nov. 17, 2021
Check out the mortgage rates for Nov. 17, 2021, which are unchanged from yesterday.
Check out the mortgage rates for Nov. 17, 2021, which are unchanged from yesterday.
Want to save money on a refinance today? Look to mid-length rates | Nov. 17, 2021
Check out the mortgage refinancing rates for Nov. 17, 2021, which are unchanged from yesterday.
Check out the mortgage refinancing rates for Nov. 17, 2021, which are unchanged from yesterday.
Student loan borrowers begin to receive $2B worth of forgiveness under PSLF waiver
The Biden administration's temporary PSLF waiver will make it easier to have their federal student loans forgiven.
The Biden administration's temporary PSLF waiver will make it easier to have their federal student loans forgiven.
Social Security payment increases may be offset by these 5 expenses
Those receiving Social Security benefits could struggle to meet basic needs in the year ahead. Here are the top five expenses they could struggle with.
Those receiving Social Security benefits could struggle to meet basic needs in the year ahead. Here are the top five expenses they could struggle with.
Biden asks FTC to investigate 'illegal conduct' by oil, gas companies as prices surge
President Biden called for the FTC to probe whether oil and gas companies are engaging in criminal conduct by profiting from artificially high prices at the pump.
President Biden called for the FTC to probe whether oil and gas companies are engaging in criminal conduct by profiting from artificially high prices at the pump.