The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep interest rates low for years to come.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Median households made gains but the large wealth gap remained, data show
Median households made gains but wealth gap persisted, even before pandemic
Business
Federal Ammunition's parent company to pay $81.4M for unit of bankrupt Remington
Federal Ammunition's owner to pay $81.4M.
National
House Democrats unveil new $2.2T proposal for virus aid
House Democrats unveiled a scaled-back $2.2 trillion aid measure Monday in an attempt to boost long-stalled talks on COVID-19 relief, though there was no sign of progress in continuing negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.
National
US lawmakers propose tighter rules for new airplanes
Lawmakers who criticized regulators over the way they approved the Boeing 737 Max will propose changing the way that the Federal Aviation Administration certifies new plane designs and uses private-sector employees to perform safety analysis.
Variety
The Latest: California eyes potential new virus surge
California's governor says the state is showing signs of a potential new surge of coronavirus cases.
