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Business and Economic News

Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil

Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil

Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other heads of state have been pulling on various levers while hoping to ease pain for consumers.
by The Associated Press

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Trump voices frustration with allies as Iran war and strait closure push fuel prices higher

President Donald Trump has expressed frustration with allies who have been unwilling to help the U.S. war effort, telling them to “go get your own oil” as the conflict with Iran and its closure of the Strait of Hormuz sent average U.S. gas prices past $4 a gallon.
by The Associated Press

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Moorhead group helps immigrants shape the food system, from farm to table

Moorhead group helps immigrants shape the food system, from farm to table

A Moorhead-based group is training immigrants to grow food, including produce from their native lands. Participants say tending the land and contributing to the local food system makes them feel at home.
by Harshawn Ratanpal

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Black women bore the brunt of federal job cuts

Black women bore the brunt of federal job cuts

Federal job cuts last year hit one group the hardest — Black women. MPR News host Angela Davis talks with a journalist who interviewed some of the women who lost their jobs about how they are doing a year later — financially and emotionally.
by Angela Davis and Cari Dwyer

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USDA cancels $300M grant program, affecting projects for underserved Minnesota farmers

USDA cancels $300M grant program, affecting projects for underserved Minnesota farmers

In cancellation letters shared with MPR, the U.S. Department of Agriculture said that the cancelled projects engaged in discriminatory diversity, equity and inclusion practices and did little to improve land access for farmers.
by Tadeo Ruiz Sandoval

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Do good neighbors make good economies? Minnesota could be a test case

Do good neighbors make good economies? Minnesota could be a test case

Economic studies strongly suggest that higher levels of trust can lead to increased commerce, promote financial innovation and even foster economic growth. Will the neighborly care and civic engagement in Minnesota during the Immigration and Customs Enforcement surge translate into economic resilience?
by Chris Farrell

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