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Recession

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

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St. Paul Small Business Owners Say Recession Is Nearing End

Some small business owners say the recession is coming to an end. However for them, it’s not quite the same as it was before.

05/22/2012

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Survey Suggests Region’s Economy Continues To Grow

The economy in nine Midwest and Plains states will likely continue to grow at a slow pace with little chance of another recession, according to a monthly survey of business managers released Monday.

10/03/2011

(credit: Ralph Orlowski/Getty Images)

Moneywatch Editor Jill Schlesinger Previews Wall Street Week

CBS Moneywatch editor at large Jill Schlesinger joined John Hines on the WCCO Morning News to preview the start of a turbulent week on Wall Street

08/08/2011

(credit: Andrew Burton/Getty Images)

Esme’s Blog: A Bruised Nation

Just a week ago the experts said if the US Congress failed to raise the debt ceiling the stock market would certainly crash and the rating on the US debt would almost certainly be downgraded.

08/06/2011

(credit: Steve Pope/Getty Images)

Bachmann: Improving Economy ‘Won’t Take That Long’

Republican congresswoman Michele Bachmann says that if she’s elected president “it won’t take that long” for her to turn around the ailing economy.

08/05/2011

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Report: Minn. Charitable Donations Drop 5 Percent

Charitable giving is down in Minnesota, but the state remains one of the most generous in the country.

12/03/2010

(credit: Miguel Villagran/Getty Images)

More Than 100 Dairy Farms Folded This Year

State agriculture officials say more than 100 dairy farmers have called it quits so far this year.

11/09/2010

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‘Black Friday’ Treats Arrive Before Halloween

The day after Thanksgiving is affectionately known as “Black Friday.” It’s one of the busiest shopping days of the year. But expect to see a lot of those door-busting deals earlier this year, due largely to the recent recession.

10/28/2010

(credit: CBS)

Good To Know: The Recession’s Effect On Marriage

The Great Recession has had the effect of letting the rich get richer and the poor get poorer, according to a recently released study. Don Shelby says that’s no longer breaking news. But one class of worker is seeing a lot less business.

09/29/2010

More Poor In Twin Cities Suburbs

New figures from the U.S. Census Bureau show poverty and unemployment increased significantly in many Twin Cities suburbs last year.

09/29/2010

9/20/10 John Hines with Tom Stinson

On Monday, John Hines (in for Michele Tafoya) spoke with Minnesota State Economist Tom Stinson about a report released today that said that the recession ended in June of 2009…

09/20/2010