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Finance

Former Vikings Player Found Guilty Of Bank FraudA guilty verdict was reached Friday in the bank fraud trial of a former Minnesota Vikings player. A federal jury convicted Stu Voigt and a business partner of stealing from investors in a multi-million-dollar scheme.
Klobuchar Pushing For Solutions To Student Debt CrisisKlobuchar hosted a forum in Washington Wednesday. It included Southwest Minnesota State University student Chelsey Jo Herrig, who worked all through college, but still faces $45,000 in loans when she graduates in December.
New State Program Offers Refinancing Of Student LoansWith an average balance of $31,000, Minnesota ranks 5th highest in the country for student loan debt. The initiative, called SELF Refi, will allow people to refinance their debt at a lower rate.
As $1.9B Surplus Announced, Budget Battle BeginsMinnesota lawmakers from both parties agree that a nearly $1.9 billion budget surplus is good news. They just disagree on how to spend it.
Officials Project Nearly $1.9 Billion Budget SurplusMinnesota officials project nearly $1.9 billion state budget surplus through June 2017.
Stores Making Shift To Accommodate Chip CardsStores are making the shift to take debit and credit cards equipped with EMV chips. Target, along with several major banks, have already starting issue customers the chip cards to try to help cut down on data fraud.
Good Question: Why Do We Pay ATM Fees?Bankrate.com reports ATM fees have increased by 4 percent over the last year. Minneapolis-St. Paul is tied for the 6th highest ATM fees in the country, with an average of $4.71 per transaction. So why do consumers pay a fee to get cash?
Should We Tell Our Kids How Much We Make?How honest do we need to be with our kids when it comes to our money? It's a question debated by Minnesota families every day.
Good Question: How Much Do We Pay In 401(k) Fees?With almost $5 trillion in assets, 401(k) plans now account for nearly one-fifth of all retirement assets, but many of us have no idea how much it costs to fund those accounts. So, how much do we pay in 401K fees? Good Question.
Minnesota Power To Pay For State Park Improvements Minnesota Power has agreed to make $53,000 in improvements at Jay Cooke State Park instead of paying a penalty for stormwater violations. The MPCA says Minnesota Power hired a contractor in 2012 to do excavation work near the utility's boat launch on the Island Lake reservoir in Duluth. But the MPCA says they didn't have a proper state permit and failed to take the proper precautions to prevent sediment from flowing into the reservoir, a popular fishing and recreation spot. They later took corrective actions.
Get Movin' Monday: Save Money With ListsMost weeks, the WCCO Morning Show starts off the work week with some tips for keeping your body fit. But what about maintaining your financial health? For this week's Get Movin' Monday segment, Natalie Nyhus talked with money-saving expert Carrie Rocha to see how she is saving money by writing lists.
Minn. Tax Collections Dip Below Projection Minnesota's tax collectors took in slightly less than they were counting on in February and March, but finance officials aren't sounding alarms.

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