'We have a plan': Biden claims policies are reviving US manufacturing
The president will make the case in a speech in New Mexico Wednesday that his financial and tax incentive policies have revived U.S. manufacturing.
US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile
Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?
A 401(k) is usually workers’ first experience with investing, expert says
The US government's debt has been downgraded. Here's what you need to know
The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay.
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
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.
Minnesota moves up in CNBC's 'Top States for Business' rankings
Minnesota leapfrogged Texas in CNBC's latest ranking of America's Top States for Business.
US inflation believed to have slowed in June in sign of easing price pressures
Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.
Minnesota tax rebate: New deadline announced
The Minnesota Deparment of Revenue announced a new deadline for some eligible taxpayers to receive a one-time tax rebate as part of the budget Governor Tim Walz signed during the 2023 legislative session.
Minnesota officials say error in tax cut bill could cost taxpayers $352 million, but promised a fix
Minnesota officials discovered an error in a $3 billion tax cut bill lawmakers passed this spring that could cost taxpayers $352 million over the next two years, but state leaders promised to fix it before it would take effect.
Fed may tighten financial rules after US bank failures, Powell says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.
States weigh charging by the mile as fuel taxes plummet
States have relied on gas taxes for more than a century to maintain the nation's roads
Biden vows to bring high-speed internet access to all Americans by 2030
President Joe Biden says high-speed internet is no longer a luxury but rather an “absolute necessity."
Powell expects more Fed rate hikes because of persistently high inflation
Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.
Auto shops struggle to find trained mechanics amid national shortage: 'It's really getting scary'
There's only about half the number of auto mechanics needed coming out of technical colleges and training programs every year.
Minnesota adds 7,700 jobs in May
For the third straight month, Minnesota saw a labor force gain, according to data released by the Minnesota Department of Employment and Economic Development.
Lifeguards needed at pools, beaches across Twin Cities
Although it's time for many to put on the sunscreen and head to your favorite swimming hole, this summer many in the Twin Cities might notice fewer open for one main reason.
Know any airplane mechanics? Wave of retirements leave some US industries desperate
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.
Debt ceiling deal includes new work requirements for SNAP: How they work
The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.