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Business and Economic News

DOJ subpoenas the Federal Reserve in an escalating pressure campaign

DOJ subpoenas the Federal Reserve in an escalating pressure campaign

The Justice Department has subpoenaed the Fed over Chair Jerome Powell’s testimony over the central bank’s headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
by Scott Horsley

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Secretary Bessent lauds Trump's economic strategies, takes aim at Minnesota leadership 

Secretary Bessent lauds Trump's economic strategies, takes aim at Minnesota leadership 

In his prepared remarks, Bessent asserted that President Trump and his administration laid the foundation for a strong 2026. He also took aim at Minnesota’s economic performance under Gov. Tim Walz. 
by Chris Farrell

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Northwest region's construction job growth the best in Minnesota

Northwest region's construction job growth the best in Minnesota

Construction is outpacing other job sectors in Minnesota in terms of annual growth, according to the latest employment report from the Minnesota Department of Employment and Economic Development.
by Mathew Holding Eagle III

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Understanding the health insurance hike after tax subsidies expire

Understanding the health insurance hike after tax subsidies expire

Health insurance is about to become more expensive for tens of thousands of Minnesotans. MPR News guest host Catharine Richert talks about about the expiration of some of the Affordable Care Act tax credits subsidies.
by Catharine Richert, Maja Beckstrom and Cari Dwyer

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Americans drank more milk in 2024, reversing a decade-long decline

Americans drank more milk in 2024, reversing a decade-long decline

Industry experts say interest in protein consumption among consumers is likely driving growth in whole milk sales. But the trend may be a blip in the ongoing decline in U.S. milk consumption.

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Trump administration freezes child care funding amid fraud claims: Impacts on families, providers, and politics

Trump administration freezes child care funding amid fraud claims: Impacts on families, providers, and politics

The Trump administration announced last week it’s freezing federal child care funding nationwide amid allegations of fraud in Minnesota. MPR News guest host Catharine Richert talks about how the funding freeze could affect children, families, day care providers and Minnesota politics.
by Catharine Richert and Cari Dwyer

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