Business and Economic News

Markets plunge after China retaliates against Trump tariffs
Wall Street’s worst crisis since COVID-19 slammed into a higher gear. The S&P 500 plummeted 6 percent Friday, the Dow Jones Industrial Average plunged 5.5 percent and the Nasdaq composite dropped 5.8 percent. The losses came after China matched President Donald Trump’s big raise in tariffs announced earlier this week.
Trump extends TikTok's sell-by deadline again
On his first day in office, President Trump used an executive order to hit pause on the TikTok ban for 75 days. Now he's pushing back that deadline.
Higher prices are likely for these 10 grocery items when tariffs hit
A trip to the grocery or liquor store is about to become even more expensive, economists say. From seafood to olive oil, these items will likely cost more under President Trump's tariffs.
Dow drops 1,600 as U.S. stocks lead worldwide sell-off
Financial markets around the world reeled following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market took the worst of it.
After federal firings, officials worry about program that helps many Minnesotans pay for heat
Minnesota was scheduled to receive an additional $12 million to $13 million in LIHEAP funds to help another 10,000 households. If that payment is delayed, the program could run out of money by mid-April.
Tariffs threaten to upend markets American farmers depend on
President Trump said that he is standing up for skilled workers and farmers by slapping tariffs on imports but farmers aren't happy.
Unemployment extension for laid-off mine workers gets tangled up at Capitol
Two proposals include unemployment insurance benefit extensions. The Republican-sponsored one would tie the unemployment benefits to environmental regulation changes. A more-compact version has advanced, however.
Fired or frustrated federal workers may have eager employers waiting for them in Minnesota
For federal workers, the past few months have been filled with uncertainty as the Trump administration pushes ahead with efforts to reduce the size of government agencies. But whether they are forced or choose to leave, those workers may find employers eager to hire them.