Chris Farrell: Does a new house at 56 make sense?

May 2, 2015

US-China trade war weighing on world's growth, IMF says

3:05pm
September 17

7 tips for becoming an ethical shopper

Sustainability, labor conditions, politics and other issues prevalent in the news have left many consumers wondering how to be socially responsible. For some, this seems…
September 6

September is worst month for US stock market, history shows

If you thought August was a rough month for stocks, you might want to brace yourself for this month. Stocks tumbled in August, handing the…
August 22

Corporate profits slump again in 2Q

Corporate profits fell for a second straight quarter in the spring as the effect of last year's tax cut wore off and companies contended with…
The annual Star Tribune 50 looks at the state's largest public companies. Combined, the companies on the list employ more than 1.2 million people.
Star Tribune 50 Our top 50 public companies – with No. 1 at $226B in revenue
updated 13 hours 17 mins. ago
Who took the top spot? See where Target, UnitedHealth, Best Buy and other massive companies landed in our 28th annual report.
July 19

American Express 2Q profits rise 9%, beating expectations

American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards.
July 12

Klobuchar's plan would help Alzheimer's patients, caregivers

Democratic presidential candidate Amy Klobuchar has a new plan to help seniors that includes more support for people with Alzheimer's disease and their caregivers.
June 19
The rate-setting committee of the Federal Reserve is not expected to lower rates at the conclusion of its meeting today.

Fed leaves its key rate unchanged but hints of future cuts

The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats.
June 17

Interest rates are down, so is it time to refinance?

Interest rates for mortgages are low __ really low. As of the first week of June, long-term mortgage rates were down for the sixth consecutive…
Minnesota's 4 largest member-owned firms add depth, diversity to state's economy
Business
Minnesota's 4 largest member-owned firms add depth, diversity to state's economy
updated 7 hours 9 mins. ago
There are more ways for companies to have shareholders other than trading on a major stock exchange. And if you use a broadened definition, as…
May 23

US long-term mortgage rates slip; 30-year average at 4.06%

U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring homebuying season.
May 14

Should it stay or go? Clearing out financial paperwork

it's not just for closets and windows.
April 25

It's not just record-high stocks feeling the Fed effect

It's not just the stock market at a record high that's feeling the Fed effect.
April 25

Make a home down payment without wrecking your finances

Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of…
March 26
In this Friday, Jan. 4, 2019, photo a sign is displayed outside a house for sale in Pittsburgh's Lawrenceville neighborhood. Freddie Mac, the mortgage

US home price gains fall to lowest in more than 6 years, but Minneapolis is a hot spot

U.S. home prices rose at their slowest pace in more than six years in January, as higher mortgage rates last year weighed on sales.
February 12

Millennial money: Minimalism can declutter finances, too

Christian Matney, 22, and his wife, Aubry, 23, haven't let their youth hinder them from big financial goals. The Austin, Texas-based couple — content creators…
February 4

'Bond King' Bill Gross to retire from Janus

William H. Gross, the famed and colorful bond investor who once controlled the world's largest mutual fund, is closing his professional career of more than 40 years and retiring to focus on managing his personal assets and private charitable foundation.
January 31

As Wall Street spasmed with fear, 401(k) savers held steady

While professional traders on Wall Street scrambled to sell stocks amid a fear-fueled, nearly 20 percent drop for the S&P 500 late last year, most people at home remained relatively calm when it came to their own retirement savings.
Business
January 17
An employee assembles a model with Lego toy bricks in a rest area during the opening of the Robert Bosch Internet of Things campus in Berlin on Jan. 1

Looking for a good investment? Try Legos

Lego collecting delivers huge (and uncorrelated) market returns.
January 17
John Bogle, founder of The Vanguard Group and advocate of low-fee investing, died Wednesday at age 89. File photo of Bogle during an interview with Th

John Bogle dies at 89; fought for lower fees for investors

When he lost his job running a mutual fund company after stocks tanked in the early 70's, John C. Bogle decided that money managers knew very little about predicting the market — and charged way too much for that lack of knowledge.
December 28, 2018

Trade war, profits, marijuana: Markets saw it all in 2018

U.S. stocks climbed to new highs early, shook off a sudden, steep drop by spring and rode a wave of tax cut-juiced corporate earnings growth to another all-time high by September. Then the jitters set in.
December 26, 2018

Edmunds: How much car can you get for $399 a month? Plenty

The average car payment in the U.S. is now $530 a month. And the average lease is $430. But there are plenty of good cars that can be leased for less than $400.
November 28, 2018

US new-home sales plunged 8.9 percent in October

Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009.