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Business and Economic News

How Minnesota farmers are coping with a trade war and a government shut down

How Minnesota farmers are coping with a trade war and a government shut down

Farmers have been caught in a trade war. MPR News guest host Catharine Richert talked about the importance of farming to Minnesota and what’s next as Minnesota farmers struggle to turn a profit.  
by Catharine Richert and Maja Beckstrom

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Rate cuts and China developments bring good news to Minnesota’s farmers

Rate cuts and China developments bring good news to Minnesota’s farmers

President Donald Trump says China has agreed to purchase "tremendous amounts" of soybeans and other agricultural products from the United States, signaling the end of its trade-war fueled boycott. Plus, Federal Reserve interest rate cuts also bring good news to American farmers.
by Tadeo Ruiz Sandoval and The Associated Press

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Senate vote on nullifying tariffs on Canada demonstrates opposition to Trump's trade policy

Senate vote on nullifying tariffs on Canada demonstrates opposition to Trump's trade policy

The Senate passed legislation Wednesday that would nullify U.S. tariffs on Canada, just as President Donald Trump is engaged in trade talks in Asia as well as an increasingly bitter trade spat with U.S.'s northern neighbor that is one of its largest economic partners.
by The Associated Press

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Tribal and Native urban communities prepare to lose SNAP benefits

Tribal and Native urban communities prepare to lose SNAP benefits

Tribal nations and urban Native American communities in Minnesota are preparing to help support fellow community members who may see their SNAP benefits held up as the federal government shutdown continues.
by Melissa Olson

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Speaking in Minnesota, former EPA leader says clashes between farm groups and environmentalists are unnecessary

Speaking in Minnesota, former EPA leader says clashes between farm groups and environmentalists are unnecessary

Michael Regan was the EPA administrator under President Biden, who signed legislation encouraging private and public investment in clean energy.
by Clay Masters, Gretchen Brown and Ngoc Bui

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Economist: Target layoffs are 'reflection of how consumers feel about the economy'

Economist: Target layoffs are 'reflection of how consumers feel about the economy'

According to WARN notices provided to the state of Minnesota, the layoffs include at least 500 employees at its downtown headquarters and 287 employees at its Brooklyn Park offices.
by Clay Masters and Gretchen Brown

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