How rising interest rates make borrowing more expensive, benefit savers
The Federal Reserve is signaling that it will raise interest rates above 3% by the end of the year as it struggles to control inflation without plunging the economy into a recession.
Fed raises key interest rate in largest hike since 1994
The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession.
Practical financial precautions
As signs that the economy might head into a recession increase, Minnesotans are wondering what they can do now to start bracing for the impact. FOX 9’s Rose Schmidt examines techniques you can take today.
Many Minnesotans continue work through heatwave
While many are trying to beat the heat by staying indoors, some industries are still at work despite the hot and humid conditions.
Frontline worker bonus pay applications now open, early hours face challenges
Hundreds of thousands of workers who were on the frontlines of the COVID-19 pandemic in Minnesota can now sign up for a $500 million pool of bonus checks.
Town Ball Tour: Exploring Watertown businesses
Watertown might not have a Target Supercenter, but there’s many stores to find what you need. FOX 9’s Karen Scullin visits a few of them as part of this week’s Town Ball Tour.
Gas prices in Minnesota jump 35 cents in a week
Prices at the pump in Minnesota saw the largest hike in nearly a decade this week as gas prices continue to push above record highs.
Surveillance shows drop in COVID viral load in Twin Cities sewage
Wastewater surveillance shows there has been a drop in the viral load of COVID-19 in Twin Cities sewage, suggesting COVID-19 cases will begin trending lower.
COVID antiviral drug more available, test-to-treat sites open in Minnesota next week
The White House on Thursday announced more steps to make the antiviral treatment Paxlovid more accessible across the U.S. as it projects COVID-19 infections will continue to spread over the summer travel season.
COVID treatment will soon cost you
At the start of the pandemic, policymakers enacted changes to increase access to COVID treatments and help health care systems better deal with the crisis. But as the virus moves out of the pandemic phase, those programs are being eliminated.
New COVID-19 community testing site announced, two will close
Two metro area COVID-19 testing sites will consolidate into one new location as the demand for testing continues to decrease more than two years into the start of the pandemic.
University of Minnesota drops mask mandate
The University of Minnesota announced that masks will no longer be required in classrooms beginning Thursday, a day after spring semester ends.
Nearly 15M deaths associated with COVID-19, World Health Organization says
Scientists estimate there were between 13.3 million and 16.6 million deaths that were either caused directly by the coronavirus or were somehow attributed to the pandemic’s impact on health systems.
Plans this summer? Tourism expected to rebound throughout Minnesota
After two down years due to travel restrictions and COVID-19 infections, tourism in Minnesota is expected to rebound this summer – good news for restaurant and resort owners.
North Minneapolis park set to undergo $21 million dollar redevelopment
A north Minneapolis park is set to undergo a $21 million dollar redevelopment, but at least one resident of the community surrounding it thinks the money could be better spent on business development.
Clock running out on Minnesota lawmakers ahead of business tax increase
A Saturday deadline looms at the Minnesota Legislature as both parties try to come to an agreement that avert a tax hike on businesses.
Dr. Fauci says the ‘US is out of the pandemic phase’
Dr. Anthony Fauci said COVID-19 infections and deaths are at a lower level in the U.S., but people should still get 'intermittently' vaccinated.
Beijing enforces lockdowns, expands COVID-19 mass testing amid outbreak
Residents lined up for throat swabs across Beijing as mass testing was expanded to 11 city districts. Beijing has a total of 92 virus cases since an outbreak was discovered five days ago.
Minnesota businesses wait to pay tax hike as deadline looms
Most Minnesota business owners are waiting until the last possible minute to pay a large payroll tax increase triggered when state lawmakers could not agree to a fix.
Airlines to allow passengers banned over masks back on planes
Now that most airlines have made masks optional in the U.S., here's where the four largest stand on bringing back passengers who refused to wear them when they were required.