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Business and Economic News

Target to lower prices on about 5,000 basic goods as inflation sends customers scrounging for deals

Target to lower prices on about 5,000 basic goods as inflation sends customers scrounging for deals

Target plans on cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets.
by The Associated Press

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'Magic United': Disneyland characters vote to unionize

'Magic United': Disneyland characters vote to unionize

Disneyland employees in California, including those who perform as characters from Mickey Mouse to Moana, have voted to unionize. The 1,700 workers will be represented by Actors' Equity Association.
by Andrea Hsu

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Guthrie Theater announces almost $4 million deficit

Guthrie Theater announces almost $4 million deficit

The Guthrie Theater announced a $3.8 million deficit for fiscal year 2023 despite higher ticket sales and donor support, with challenges attributed to rising operational expenses, pandemic impacts and an aging building.
by Cari Spencer and Jacob Aloi

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Eggs, milk and other grocery prices fall as overall inflation eases

Eggs, milk and other grocery prices fall as overall inflation eases

Inflation eased a bit last month, according to a report Wednesday from the Labor Department. Consumer prices in April were up 3.4% from a year ago — a smaller annual increase than the month before.
by Scott Horsley

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