Black Women's Empowerment Social promotes homeownership
A group including a local realtor, mortgage lender, and title closer are sharing their expertise in all aspects of the home buying process and hosting the first of its kind Black Women’s Empowerment Social.
US inflation report: Consumer prices jumped 7.5% in past year, a 40-year high
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
Democrats propose temporary suspension of federal gas tax to offset soaring prices
The Gas Prices Relief Act would eliminate the 18.4 cents per gallon fuel tax for the rest of 2022.
US job growth soars past expectations with 467,000 added, shaking off omicron surge
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
Mpls, St. Paul launch new electric car-sharing and charging station program
A new service will provide Minneapolis and St. Paul drivers with increased access to electric vehicle (EV) charging spots, and rentable electric vehicle options as well.
Home Depot to hire over 100,000 employees in spring hiring blitz
Home Depot is planning to hire more than 100,000 employees ahead of the spring season.
Valentine's Day 2022: Spending expected to near $24B
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.
US economy showed 5.7% growth last year, rebounding from 2020 recession
The American economy bounced back last year with resilience from 2020′s brief but devastating coronavirus recession.
Unemployment claims drop for the first time in a month
The Labor Department reported Thursday that jobless claims fell by 30,000 to 260,000 last week, slightly less than the 265,000 analysts were expecting.
Plan to reenergize downtown Forest Lake takes shape
"As good as it sounds." That's the motto for the city of Forest Lake, but in recent years, its downtown area has grown a little tired.
Boat show returns, but supply chain issues could put damper on Minnesotans' dreams
Greg and Shirley Smith came all the way from Austin, Texas to buy a couple of boats for their new property on Sturgeon Lake just south of Duluth. But they'll have to act quickly if they want to make sure they are able to hit the water this summer.
State unemployment rate tracks down to 3.1 percent, lowest level since pre-pandemic
Despite an anecdotal shortage of workers across seemingly every industry, the state unemployment rate has decreased to 3.1 percent according to numbers released today.
Unemployment claims climb to 286,000, the most since October
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Best Buy CEO sees high worker turnover in US economy lasting 12-24 months
The heads of the Minneapolis Federal Reserve and Best Buy say uncertainty caused by the COVID-19 pandemic will cloud the economy in the near term, with supply chain disruptions and a worker shortage likely to continue.
Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
December 2021 jobs report: US employers add 199K jobs, unemployment falls to 3.9%
The December 2021 jobs report showed U.S. employers added a modest 199,000 jobs, while the unemployment rate fell sharply.
Minnesota's minimum wage to increase on Jan. 1
Minnesota's minimum wage is set to increase Jan. 1.
Student loan payment pause extended through May 1
President Joe Biden said financial recovery from the pandemic will take longer than job recovery, especially for those with student loans.
Nearly $100B in COVID-19 relief funds stolen, Secret Service says
Most of that figure comes from unemployment fraud. The Labor Department reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.