News
Jobs report shows strong hiring in March, exceeding economists' expectations
9+ hour, 6+ min ago (622+ words) (NEW YORK) -- The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, a jobs report on Friday showed. The reading far exceeded economists' expectations. The U.S. added 178,000 jobs in March, according to the report, which marked a…...
State unemployment rate for January higher than the U.S. rate
15+ hour, 3+ min ago (261+ words) (St. Paul, MN) " Minnesota's monthly job growth remained flat in January, and the state's unemployment rate ticked up two-tenths of a percentage point to 4.4 percent while the national rate ticked down one-tenth of a percentage point to 4.3 percent. DEED (Department…...
Gas prices on the rise due to Iran conflict
1+ mon, 15+ hour ago (179+ words) (St. Louis Park, MN) -- Gas prices are rising in Minnesota as air strikes continue in the Middle East. Triple-A Minnesota reports statewide average for regular unleaded is $ 2.83 a gallon - up from $2.69 last week. Some oil production facilities in Saudi Arabia…...
Hiring increased sharply at outset of 2026, blowing past economists' expectations
1+ mon, 2+ week ago (531+ words) (NEW YORK) -- Hiring increased sharply at the outset of 2026, the year's first jobs report said, blowing past economists' expectations and besting sluggish performance from the previous year. The U.S.added 130,000 jobsin January, according to the report, which marked a sharp increase…...
Federal Reserve holds interest rates steady
2+ mon, 6+ day ago (664+ words) (NEW YORK) -- The Federal Reserve held interest rates steady on Wednesday, ending a string of three consecutive quarter-point rate cuts as the central bank grapples with a combination of elevated inflation and sluggish hiring. The move marked the first interest-rate…...
Why are mortgage rates at their lowest level since 2024?
3+ mon, 1+ day ago (576+ words) (NEW YORK) -- Mortgage rates this week'fell'to their lowest level in 15 months, easing borrowing costs for homebuyers eager for a thaw in the housing market in 2026. The average interest rate on a 30-year fixed mortgage stands at 6.15%, plummeting from a level…...
Minnesotans expected to spend about $900 on Christmas gifts this year
5+ mon, 6+ day ago (151+ words) (St. Paul, MN) -- Minnesotans are expected to spend around 900 dollars this holiday shopping season. Bruce Nustad of the Minnesota Retailers Association says stores have already started and extended promotions and sales to attract early-bird shoppers. This period is called the…...