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Business and Economic News

‘New York Times’ sues Pentagon over media restrictions

‘New York Times’ sues Pentagon over media restrictions

The Times accuses Pentagon chief Pete Hegseth of violating its constitutional rights with a press policy that, the paper says, deprives the public of access to critical national security information.
by David Folkenflik

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Beltrami County Board approves cuts to libraries and other community services

Beltrami County Board approves cuts to libraries and other community services

The Beltrami County Board of Commissioners finalized next year's county budget earlier this week. As a result, funding for the county museum, public transit and both Blackduck and Bemidji libraries will be cut by about forty percent.
by Mathew Holding Eagle III

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State economic forecast shows near-term surplus, long-term deficit that is smaller than before

State economic forecast shows near-term surplus, long-term deficit that is smaller than before

State finance officials say lawmakers will have about $2.5 billion at their disposal next year but also have to guard against a $3 billion shortfall years into the future.
by Dana Ferguson and Peter Cox

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CEO of U.S. Bancorp weighs in on the economy, tariffs and AI

CEO of U.S. Bancorp weighs in on the economy, tariffs and AI

Chris Farrell, senior economics contributor for MPR News, speaks with the CEO of U.S. Bancorp, Gunjan Kedia. The conversation was part of the Minnesota Carlson First Tuesday Speaker Series at the University of Minnesota.
by Chris Farrell

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Mni Sota Fund receives Bush Foundation grant, expanding support for economic self-determination

Mni Sota Fund receives Bush Foundation grant, expanding support for economic self-determination

The $7 million community innovation grant will help Mni Sota Fund increase loans to entrepreneurs and small businesses owners, and grow its financial literacy and home buying education opportunities.
by Melissa Olson

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How many Somalis in Minnesota could be impacted by federal intervention?

How many Somalis in Minnesota could be impacted by federal intervention?

Reports that the Trump administration plans to primarily target Somali immigrants living unlawfully in the Twin Cities follow a call from the president to end Temporary Protected Status for some Somali Americans. How many people could be impacted by these measures?
by Sarah Thamer

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Minnesota budget forecast will set the stage for 2026 legislative session

Minnesota budget forecast will set the stage for 2026 legislative session

Economists and leaders from the Department of Minnesota Management and Budget will offer a glimpse into how much money the state is collecting in taxes and fees — and how much it is spending on schools, public safety, health programs and other government services.
by Dana Ferguson

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Treasury investigating tax fraud allegations in Minnesota, Bessent says

Treasury investigating tax fraud allegations in Minnesota, Bessent says

The U.S. Treasury Department is investigating allegations that tax dollars from Minnesota may have been diverted to the al-Shabaab militant group in Somalia, Treasury Secretary Scott Bessent said on Monday. The Minnesota U.S. Attorney's Office, however, has aggressively prosecuted fraud in the state and not made such links.
by Reuters

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