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Wells Fargo to pay $3.7B over consumer law violations

Wells Fargo to pay $3.7B over consumer law violations

The banking giant agreed to settle charges that it harmed customers by charging illegal fees and interest, as well as incorrectly applying overdraft fees. It's the largest fine ever leveled against a bank by the CFPB and the largest yet against Wells Fargo.

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3M to stop making 'forever chemicals' by end of 2025

3M to stop making 'forever chemicals' by end of 2025

3M said in a news release Tuesday it would discontinue manufacturing PFAS and aim to end the chemical’s use “across its product portfolio” by 2025.
by Kirsti Marohn

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In the Southeast, power company money flows to news sites that attack their critics

In the Southeast, power company money flows to news sites that attack their critics

Alabama Power and Florida Power & Light hired the consulting firm Matrix to help shape their fortunes. Matrix funded six sites that covered politics, filling a void left by the decline of local news.
by David Folkenflik, Mario Ariza and Miranda Green

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Cities, counties head back to Capitol, sales tax wish lists in hand

Cities, counties head back to Capitol, sales tax wish lists in hand

A new rec center. Road improvements. A campground expansion. Those are just a few projects stalled because of the Minnesota Legislature's inaction on a tax and spending package during the last legislative cycle. Cities and counties are hoping for better luck in the next legislative session.
by Catharine Richert

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How Fed's series of rate hikes could affect your finances

How Fed's series of rate hikes could affect your finances

The Federal Reserve’s move to raise its key rate by a half-point brought it to its highest range in 14 years. The Fed’s increase — its seventh rate hike this year — will make it even costlier for consumers and businesses to borrow for homes, autos and other purchases.
by The Associated Press

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Asia Mall brings wide variety of cultures under one roof

Asia Mall brings wide variety of cultures under one roof

A new mall specializing in Asian food and culture has opened in Eden Prairie. Organizers say an important step in creating more resources and representation for Asian communities in the state.
by Simone Cazares

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