Money

Oil tumbles 10% as Wall Street rallies to another record after Iran reopens the Strait of Hormuz
Oil prices are falling by more than 10 percent, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude to customers worldwide.
Why high oil prices are good for oil companies — until they aren’t
Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil
Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other heads of state have been pulling on various levers while hoping to ease pain for consumers.
President Donald Trump has expressed frustration with allies who have been unwilling to help the U.S. war effort, telling them to “go get your own oil” as the conflict with Iran and its closure of the Strait of Hormuz sent average U.S. gas prices past $4 a gallon.
It’s Equal Pay Day. Women have lost ground for the second year in a row
The annual observance marks how far into the new year women must work to make what men earned in the previous year. This year, it's March 26, a day later than it was in 2025.
Building community and wealth for Black Minnesotans
MPR News host Angela Davis talks with Repa Mekha, CEO of Nexus Community Partners, about his path from prison to university, and his life's work building wealth and wellbeing for Black Minnesotans.
Pension shortfall leaves many Minnesota Catholic school, church employees in limbo
Current and retired employees of some Catholic schools and dioceses in Minnesota learned that their pension fund operated by Illinois-based Christian Brothers Services is facing a massive shortfall. In St. Cloud, it’s causing worry and uncertainty.
Near record high gold and silver prices make coin and jewelry exchange shops busy
The Olympic Gold and silver medals some Minnesota athletes are pursuing are worth more than ever this winter, thanks to skyrocketing gold and silver prices. While the prices have dropped somewhat from record highs reached in late January, they’re still much higher than a year ago, as uncertainty about the economy drives investors towards more stable options.