OPEC, allies agree to boost oil production by slower pace than previous months
As a result, experts said the amount of oil on the market might not keep up with demand, so high oil prices may persist for some time.
Minneapolis' West Bank businesses beginning to see resurgence
An immigrant community in the heart of the Cedar-Riverside neighborhood in Minneapolis is home to dozens of small businesses. More than two years since the start of the pandemic and the death of George Floyd, the boards are beginning to come down for most.
How to recession-proof your life
If you think a recession could destabilize your finances, here are some things you can do to prepare.
Minnesota business leaders brainstorm ways to grow economy
At a time when Minnesota has the lowest unemployment rate of any state ever, how can the state continue to grow businesses and bring new key players into different industries?
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
What's in, and out, of Democrats' climate, health care and inflation bill
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
How would Minnesota fare if the country goes into a recession?
Fears are growing that a recession is coming, so FOX 9 wanted to find out the chances of that happening and how Minnesotans’ wallets would fare if it does.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.
Minnesota's 1.8% unemployment rate could be lowest in the country
"This is an economy that is really a worker-friendly economy in terms of opportunity… Boy is it a good time to be a job-seeker right now," said DEED commissioner Steve Grove
USPS hosting hiring event amid worker shortage
Amid a national and local shortage of employees, the United States Postal Service (USPS) will hold a hiring event in St. Paul - looking for carriers and handlers of all kinds.
US inflation reached 9.1% in June, a new 40-year high
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
State Fair vendors face unique challenges of finding employees
In a tight job market, can State Fair vendors find enough workers to serve up all the food on a stick that fair goers have come to love?
Remote work declines as unemployment remains low, new data show
People who once worked from home are now heading back to the office, according to new data.
Costco raises prices on food court soft drinks, chicken bake
Wholesale retailer Costco reported June net sales of $22.78B.
Why the crypto plunge is a cautionary tale for public pension funds
The plunge in prices for Bitcoin and other cryptocurrencies in recent weeks provides a cautionary tale for the handful of public pension funds that have dipped their toes in the crypto pool over the past few years.