Business and Economic News

Despite lawsuit, Minnesota's nudification law is in effect
Minnesota is now the first state in the U.S to have an active ban on types of AI technology that allow users to create and post fake images of people naked without their consent.
‘That job changed my life‘: Former Pearson's employee reflects on her days on the candy line
On Friday, the maker of the legendary Salted Nut Roll, Pearson’s Candy Company, announced it will close its St. Paul factory. Traci Travis worked there for about eight years in the early 2000s. She is 27 years sober and says the job helped her stabilize her life after treatment.
Making sense of student loan changes
Student loan rules recently changed and many borrowers are feeling the impact. MPR News host Angela Davis and her guests break down the latest federal changes, what they mean for payments and how people can make the best financial decisions for themselves.  
Rochester's construction boom creates noise, detours and a lot of good paying jobs, too
Rochester is undergoing a transformation as Mayo Clinic expands. And that means detours around torn up roads and other construction projects. But in the midst of all the barricades, cranes and cement trucks are good paying jobs, as Rochester leads the state in creating new construction jobs.
As the next generation takes over the family farm, a tough economy brings new challenges
Passing on the family farm to the next generation is typically an involved process, both financially and emotionally. A turbulent agricultural economy the past few years has made that transition even more difficult.
Politicians to court ag vote at Minnesota Farmfest this week amid drought, high costs and uncertain markets
The three-day Minnesota Farmfest takes place this year at a challenging time economically for the state’s farmers and agricultural producers, as diesel fuel and fertilizer costs skyrocketed this spring following the start of the war with Iran.
Northeast Minnesota wildfires causing disastrous economic impacts to tourism industry
Small business owners in northeastern Minnesota told their state legislators Friday that the wildfires that have been burning in and around the Boundary Waters for almost a month have had a “disastrous” impact on their bottom lines. One canoe outfitter says he lost 98 percent of his revenue to cancellations in July.
Healthcare costs have more than doubled for many farmers this year, on top of soaring expenses
When Congress allowed Affordable Care Act tax credits to lapse, healthcare premiums spiked for millions of Americans — especially self-employed farmers and ranchers. That added cost is multiplying the stress on their already stretched balance sheets.