US inflation soared 7.9% in past year, a fresh 40-year high
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
New Ties Lounge and Rooftop owners: ‘We’re still fighting for downtown’
After COVID-19 and civil unrest kept many people away from downtown Minneapolis, a group of young entrepreneurs is hoping to bring new life to Nicollet Avenue with a bar, lounge, restaurant and rooftop concept.
Biden to sign order mandating study of cryptocurrency as its use explodes
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.
High gas prices pinching profits at restaurants
The recent spike in gas prices isn't just causing pain at the pump, they're putting a pinch on profits at local businesses as well.
Minnesota food banks see demand increases
As consumer prices soar, food banks across the nation and in Minnesota are seeing demand for their services also grow.
Walz calls for gas tax holiday amid surging prices; Biden bans Russian oil
Politicians from President Biden to Gov. Walz are exploring options on how to ease prices at the gas pump for Americans.
Minsk Market owner horrified by Belarus helping Russia in Ukraine
As conflict continues overseas, Minnesotans are coming together to show their support for the people of Ukraine from more than 5,000 miles away.
White House extends visas for Ukrainians working in Minnesota and U.S.
The Biden Administration on Thursday granted Temporary Extended Status to thousands of non-immigration visa holders working in the U.S., which will affect Ukrainians living and working in Minnesota.
Biden speaks in Duluth-Superior to tout infrastructure after State of the Union
As war rages in Europe and rising prices cause economic uncertainty in the U.S., President Joe Biden visited the Duluth-Superior region Wednesday for his first event after the State of the Union address.
More than a restaurant: Perkins in Edina closes after 50 years
One Perkins Family Restaurant has served up everything from early morning breakfasts to late night snacks over the years. But there were a lot of emotions as employees and customers prepare to say their final farewells.
Hedge fund profits from ashes of foreclosure
For Shanika Henderson the dream of owning her own home is on hold, but she can’t help wondering if her landlord took that dream away from her and hundreds of other potential home-owners in North Minneapolis.
Voices for Change special: Closing the Racial Wealth Gap
FOX 9 Anchor Dawn Stevens hosts “Closing the Racial Wealth Gap,” a 30-minute Voices for Change special featuring local experts on why the wealth gap exists and the solutions needed to close it.
DFLers say Minnesota shouldn't charge gas tax this summer as inflation hedge
Rising prices for gas, food and other necessities are confounding Minnesota policymakers who feel pressure from voters but have few levers to tame inflation.
Senate GOP seeks permanent income tax cut; Democrats call for targeted relief
Minnesota Senate Republicans are proposing slashing the state's lowest income tax rate nearly in half, but Democrats believe a more targeted approach would be beneficial to those who need relief the most.
Q&A: St. Thomas professor discusses Ukraine and Russia conflict
On Thursday afternoon, FOX 9 Anchor Tim Blotz sat down with St. Thomas political science and foreign affairs professor Renee Buhr to discuss the history of tensions between Ukraine and Russia.
Minnesotans remember Grumpy Old Men, 1990's filming boom
Half Time Rec in the Como Park neighborhood is known for the bocce ball court in the basement, but its other claim to fame is a connection to one of the most iconic movies ever made in Minnesota.
Mpls restaurants Sen Yai Sen Lek, Dipped & Debris announce closures
After more than a decade in the Twin Cities restaurant business, the owners of two establishments in Northeast are calling it quits.
Interest rates could increase more than traditional quarter-point, US Fed governor says
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Wright County sees most new plat, parcel applications in 15 years
With housing prices throughout the Twin Cities remaining strong, and new ones being built not keeping up with demand, some prospective homeowners have turned to a new solution – breaking ground in Wright County.
Redmon’s Popcorn opens again after new partnership
If you want the best popcorn in the Twin Cities, most people will tell you Zach Redmon has it. Now there's a new place where you can find it.