Medicare premiums increasing in 2025

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

St. Paul wipes out nearly $40 million in medical debt for 32K residents

St. Paul Mayor Melvin Carter announced on Tuesday that thousands of city residents are getting nearly $40 million of medical debt wiped out.

How will Trump's campaign promise of mass deportation work in Minnesota?

President-elect Donald Trump’s campaign promise to execute the “largest mass deportation" in the country’s history began to take shape Sunday with the announcement of a border czar.

Federal Reserve cuts its key interest rate by a quarter-point on heels of election

The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.

Inflation may be coming down but that doesn't mean prices will, expert explains

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.

MN ranked in top 10 states for jobs: survey

A new ranking from WalletHub puts Minnesota in the top ten states for finding a job.

MN among most expensive states for infant care
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Minnesota is one of the top 10 most expensive states for infant care, according to a new study from Bankrate. A Bankrate Analyst joins FOX 9's All Day Live to go over the data.

Minnesota is one of the 10 most expensive states for infant care, study finds

Minnesota is one of the most expensive states in the United States for infant care, ranking in the top 10, according to a new study by Bankrate. 

New plan would cancel student loans for those with financial hardships

Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.

IRS announces higher standard deductions for 2025

The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.

Should minimum wage be lower for workers who get tips? These 2 states will decide

The amount of money tipped workers make varies depending on the state. Currently, 14 states pay the federal minimum, or just above $2 an hour for tipped workers and $7 an hour for non-tipped workers.

Mortgage rates continue to climb despite cuts by the Fed: Here’s why

Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.