Minnesota's bond rating remains at AAA

Minnesota has maintained its AAA bond rating, Gov. Tim Walz announced Wednesday.

CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

Auto-loan rejections are up as Federal Reserve raises key interest rate

The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.

NFL suspends Broncos' Eyioma Uwazurike indefinitely for gambling on games

The NFL indefinitely suspended Denver Broncos defensive end Eyioma Uwazurike on Monday for betting on league games during the 2022 season.

Mega Millions jackpot jumps to $820 million

Tuesday's drawing is now the fifth largest Mega Millions jackpot in the history of the game.

Minnesota labor force growth adds 9K new workers in June

Minnesota’s labor force continues to grow, adding more than 9,000 people entering the labor market in June.

Powerball: What you need to know before you play for $1B jackpot

The new jackpot for Wednesday’s drawing would be the seventh highest in U.S. history and the third largest for Powerball.

Biden admin cancels $39B in student loan debt for 800,000-plus borrowers

The administration says the new round of student loan forgiveness address “historical inaccuracies" in counting payments that qualify toward income-driven repayment plans.

Student loan scam attempts likely to rise after SCOTUS decision: FTC

Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.