Business and Economic News

Two people part of telemarketing scam sentenced to serve years in prison
Anthony Eugene Moulder and Abdou-Rahmane Diallo were sentenced to 10 years and 7 1/2 years respectively in prison for their roles in the scam. Both pleaded guilty to mail and wire fraud charges.
Proposals to end federal income taxes on tips
On Tuesday, Angela Davis and her guests talk about the recent proposals from the Trump and Harris campaigns to eliminate federal taxes on tips.
Blue Cross and Blue Shield of Minnesota Foundation awards $3.4 million to nonprofits statewide for child care and early education 
More than $3.4 million from the Blue Cross and Blue Shield of Minnesota Foundation will go to nonprofits around the state to fund programming that supports child care and early education.
’The time has come’ to lower interest rates: Fed Chair Jerome Powell
Federal Reserve chairman Jerome Powell signaled that he’s increasingly confident inflation will soon be tamed, and that he and his colleagues will soon cut interest rates to avoid hurting the job market.
Gas prices are down. We could be headed for lows not seen since 2021
Pump prices having been falling all summer, and as Labor Day approaches, they're 47 cents lower than this time last year. Some analysts see $3 gasoline in our future.