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Business and Economic News

U of M mulling highest tuition bump since 2010 for in-state students

U of M mulling highest tuition bump since 2010 for in-state students

Interim President Jeff Ettinger’s budget for the next fiscal year proposes to slap a 4.5 percent tuition hike on in-state undergraduate students studying at the Twin Cities campus. If approved by the Board of Regents, that would be the highest annual tuition increase for Minnesota residents since 2010.
by Cari Spencer and Nicole Ki

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RD Offutt Farms sues White Earth Nation over water permits

RD Offutt Farms sues White Earth Nation over water permits

In a lawsuit filed Friday, RD Offutt farms asked a federal judge to issue a judgment that the White Earth Nation does not have the authority to regulate potato farmers’ groundwater use. RDO is challenging a White Earth ordinance requiring growers to get a tribal irrigation permit.
by Dan Gunderson

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Minneapolis schools, support staff reach deal to avoid strike

Minneapolis schools, support staff reach deal to avoid strike

Hours after unionized education support professionals in the Minneapolis Public Schools filed a notice of intent to strike, leaders from both the union and district announced they’d reached a deal. District teachers settled a contract last month.
by Elizabeth Shockman

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Voters in this 'boomerang' county say they're nostalgic for the Trump economy

Voters in this 'boomerang' county say they're nostalgic for the Trump economy

Voters in Northampton County, Pa., say they remember having more money when Donald Trump was in office. But when it comes time to cast their ballots this year, other issues are at play too.
by Asma Khalid

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Fed keeps interest rates at 23-year high

Fed keeps interest rates at 23-year high

The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2 percent target. Investors now think it could be September or later before rates start to fall.
by Scott Horsley

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