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Business and Economic News

U.S. consumer inflation eased to 7.7% over past 12 months

U.S. consumer inflation eased to 7.7% over past 12 months

Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious.
by The Associated Press

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Rising prices are on the menu for Thanksgiving this year

Rising prices are on the menu for Thanksgiving this year

With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year, in another sign of high inflation.
by Scott Horsley

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Waite Park grapples with granite’s role

Waite Park grapples with granite’s role

As old quarries are given new life, a fast-growing St. Cloud suburb considers how to balance mining and development with nature preservation.
by Kirsti Marohn

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U.S. voters approve more funding for affordable housing

U.S. voters approve more funding for affordable housing

Skyrocketing rents and home prices have been a major part of voters' economic pain. New spending will go toward building and subsidizing more housing, and helping people avoid homelessness.
by Jennifer Ludden

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Powerball ticket sold in California snags record $2.04B win

Powerball ticket sold in California snags record $2.04B win

Someone who bought a Powerball ticket in California has won a record $2.04 billion Powerball jackpot after more than three months without anyone hitting the top prize.
by The Associated Press

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Elon Musk threatens to boot Twitter account impersonators

Elon Musk threatens to boot Twitter account impersonators

Twitter's new owner warned of suspending accounts after some celebrities tweeted as 'Elon Musk' in reaction to the billionaire's decision to offer verified accounts for a fee.
by The Associated Press

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