Fed Chair Kevin Warsh explains interest rate hike
Federal Reserve Chair Kevin Warsh explains the Fed's unanimous decision to raise its benchmark interest rate by a quarter-point to a range of 3.75% to 4%. Warsh said the U.S. economy has strengthened but inflation remains too high, and he declined to signal whether additional rate hikes are coming.
Federal Reserve Chair Kevin Warsh explains the Fed's unanimous decision to raise its benchmark interest rate by a quarter-point to a range of 3.75% to 4%. Warsh said the U.S. economy has strengthened but inflation remains too high, and he declined to signal whether additional rate hikes are coming.
Minnesota August housing report: Inventory hits 7-year high as listings outpace sales
Minnesota's housing market is sending mixed signals heading into fall, with more homes on the market but buyers and sellers not always finding common ground.
Minnesota's housing market is sending mixed signals heading into fall, with more homes on the market but buyers and sellers not always finding common ground.
Gas prices expected to rise even higher
Gas price experts are warning that prices are about to jump even higher in the next 24 hours. The price increase comes as they are already at record highs. FOX 9’s Chenue Her is tracking prices and the factors driving them so high.
Gas price experts are warning that prices are about to jump even higher in the next 24 hours. The price increase comes as they are already at record highs. FOX 9’s Chenue Her is tracking prices and the factors driving them so high.
Fed expected to hike interest rates amid inflation
The Federal Reserve is widely expected to raise interest rates Wednesday in an effort to bring down persistent inflation. A rate hike would mean higher borrowing costs for consumers and could slow the economy, while President Donald Trump has repeatedly pushed for lower rates. FOX's Doug Luzader reports.
The Federal Reserve is widely expected to raise interest rates Wednesday in an effort to bring down persistent inflation. A rate hike would mean higher borrowing costs for consumers and could slow the economy, while President Donald Trump has repeatedly pushed for lower rates. FOX's Doug Luzader reports.
Diesel prices skyrocket just before fall harvest season
Diesel prices are hitting record-highs across the country, and their hitting the trucking industry hard. They're also hitting farmers just as the fall harvest season gets started.
Diesel prices are hitting record-highs across the country, and their hitting the trucking industry hard. They're also hitting farmers just as the fall harvest season gets started.
Map: America's best tippers revealed in new data
A new analysis found which states tipped the most and tipped the least on average.
A new analysis found which states tipped the most and tipped the least on average.
House votes to end penny production permanently: What to know
The House has advanced legislation that would formally end penny production. Here's what to know.
The House has advanced legislation that would formally end penny production. Here's what to know.
20th annual Ian Leonard Bad Pants Open golf tournament raises money for special causes
Golfers are breaking out their wildest pants for a good cause at FOX 9 Chief Meteorologist Ian Leonard’s 20th annual Bad Pants golf tournament.
Golfers are breaking out their wildest pants for a good cause at FOX 9 Chief Meteorologist Ian Leonard’s 20th annual Bad Pants golf tournament.
Bad Pants Open marks 20 years of golfing for a cause
Golfers are sporting their wildest pants for FOX 9 Chief Meteorologist Ian Leonard’s 20th annual Bad Pants Open. The sold-out golf tournament raises money for Special Olympics Minnesota and PGA Reach Minnesota.
Golfers are sporting their wildest pants for FOX 9 Chief Meteorologist Ian Leonard’s 20th annual Bad Pants Open. The sold-out golf tournament raises money for Special Olympics Minnesota and PGA Reach Minnesota.
MPS weighs school closures as budget deficit nears $40M
Minneapolis Public Schools district is facing a nearly $40 million budget deficit driven by declining enrollment, funding cuts and rising costs. Three options to address the deficit will be presented at Tuesday's board meeting, with school closures expected to be among the proposals. FOX 9's Bill Keller reports.
Minneapolis Public Schools district is facing a nearly $40 million budget deficit driven by declining enrollment, funding cuts and rising costs. Three options to address the deficit will be presented at Tuesday's board meeting, with school closures expected to be among the proposals. FOX 9's Bill Keller reports.
Americans' average 401(k) balance reaches record high, Fidelity data shows
A new Fidelity Investments report shows that the average 401(k) balance reached a record $155,800 in the second quarter of 2026.
A new Fidelity Investments report shows that the average 401(k) balance reached a record $155,800 in the second quarter of 2026.
Social Security COLA 2027 estimate predicts a benefits increase: What to know
Social Security recipients are projected to receive a larger cost-of-living adjustment in 2027, according to an early AARP prediction.
Social Security recipients are projected to receive a larger cost-of-living adjustment in 2027, according to an early AARP prediction.
Rising diesel prices hitting American farmers, truckers hard
A recent uptick in fighting between the U.S. and Iran has oil and gas prices on the rise, and record-high diesel prices could hit your wallet in other ways too. Diesel now averages nearly $6 a gallon nationwide, driving up costs for farmers and truckers, and potentially the prices you pay at the store. FOX's Olivianna Calmes has more.
A recent uptick in fighting between the U.S. and Iran has oil and gas prices on the rise, and record-high diesel prices could hit your wallet in other ways too. Diesel now averages nearly $6 a gallon nationwide, driving up costs for farmers and truckers, and potentially the prices you pay at the store. FOX's Olivianna Calmes has more.
Trump gave White House aides tens of thousands in cash gifts
Newly released financial disclosures reveal President Donald Trump gave personal cash gifts to close White House aides in addition to their government salaries.
Newly released financial disclosures reveal President Donald Trump gave personal cash gifts to close White House aides in addition to their government salaries.
Ground beef up 81% since 2020: What FOX 9's Minnesota grocery price tracking found
For the first time since FOX 9 started comparing grocery prices in 2020, costs have more or less leveled as we went back through the aisles to break down what's changed and how shoppers can keep more money in their wallets.
For the first time since FOX 9 started comparing grocery prices in 2020, costs have more or less leveled as we went back through the aisles to break down what's changed and how shoppers can keep more money in their wallets.
US bans Canadian motorcycle, dairy, alcohol imports amid trade war
The U.S. is banning Canadian alcohol, dairy products, and motorcycles starting in late September as a retaliatory trade battle between the nations intensifies.
The U.S. is banning Canadian alcohol, dairy products, and motorcycles starting in late September as a retaliatory trade battle between the nations intensifies.
‘Ferris Bueller gone bad’ helps unravel $240M bitcoin theft
A group of young men scammed an unsuspecting person out of millions of dollars’ worth of bitcoin, but their extravagant spending caught the attention of authorities leading to charges against them.
A group of young men scammed an unsuspecting person out of millions of dollars’ worth of bitcoin, but their extravagant spending caught the attention of authorities leading to charges against them.
Lakeville hangar owner seeks answers as Xcel electric bills spike, balance tops $61K
A Lakeville airplane hangar owner says his Xcel Energy bill jumped from about $40 a month to upwards of $10,000 in some months, despite no major change in his power usage. His account balance has now topped $61,000, and Xcel says it plans to investigate further.
A Lakeville airplane hangar owner says his Xcel Energy bill jumped from about $40 a month to upwards of $10,000 in some months, despite no major change in his power usage. His account balance has now topped $61,000, and Xcel says it plans to investigate further.
Canada's retaliatory tariffs on US take effect
New Canadian tariffs on American goods are now in effect as the trade dispute between the two countries escalates. The tariffs reach as high as 50% and target hundreds of U.S. products, including steel, aluminum, construction materials, home appliances and hockey equipment. FOX 9's Chenue Her reports.
New Canadian tariffs on American goods are now in effect as the trade dispute between the two countries escalates. The tariffs reach as high as 50% and target hundreds of U.S. products, including steel, aluminum, construction materials, home appliances and hockey equipment. FOX 9's Chenue Her reports.
Labor Day gas prices hit record high as diesel surging costs hit drivers
The price of gas this Labor Day weekend high a record high at and average of $4.14 a gallon.
The price of gas this Labor Day weekend high a record high at and average of $4.14 a gallon.