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Money

Coinbase said cyber crooks stole customer information and demanded $20 million ransom payment

Coinbase said cyber crooks stole customer information and demanded $20 million ransom payment

Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info.
by The Associated Press

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Inflation cools in April — but tariffs could upend the picture in coming months

Inflation cools in April — but tariffs could upend the picture in coming months

Consumer prices in April were up 2.3 percent from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4 percent, thanks to a large drop in the price of eggs.
by Scott Horsley

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‘Smashing our dreams’: NEA terminates grants for many Minnesota arts organizations

‘Smashing our dreams’: NEA terminates grants for many Minnesota arts organizations

Several Minnesota arts organizations, including Penumbra Theatre and the Lakes Area Music Festival, have had their 2025 NEA grants abruptly terminated as the agency shifts its funding priorities to align with new federal directives restricting support for projects promoting diversity, equity and inclusion.
by Alex V. Cipolle

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Bemidji school board slashes $1.5 million from next year’s budget

Bemidji school board slashes $1.5 million from next year’s budget

The Bemidji School Board last week cut more than $1.5 million from next school year’s budget, and officials say those steep cuts will be felt in the classroom. Bemidji’s superintendent says state aid hasn’t kept up with inflation, forcing the district to make the cuts.
by Mathew Holding Eagle III

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Microsoft hikes Xbox prices worldwide as gaming industry faces tariff uncertainty

Microsoft hikes Xbox prices worldwide as gaming industry faces tariff uncertainty

As new tariffs continue to strain global supply chains, some gamers are already feeling price hikes. Microsoft raised recommended retailer pricing for its Xbox consoles and controllers around the world this week.
by The Associated Press

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Trump administration says it will exclude some electronics from 'reciprocal' tariffs

Trump administration says it will exclude some electronics from 'reciprocal' tariffs

The Trump administration says it will exclude electronics like smartphones and laptops from ‘reciprocal’ tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S.
by The Associated Press

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