Business & Economy

The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.

As Minnesota moves towards a green economy there will be an increasing demand for people trained to install the acres of solar panels needed to supply clean energy.

Denmark’s Lego says it remains committed to its quest to find sustainable materials to reduce carbon emissions, even after an experiment by the world’s largest toymaker to use recycled bottles did not work.

Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure — much higher interest rates, to cool spending and hiring — was expected to bring even more pain. Yet so far, to widespread relief, the reality has been anything but.

Oil prices are up, and that affects people far and wide. Drivers pay more for gasoline, and truckers more for diesel. Behind the recent bump in price is Saudi Arabia's decision to slash how much oil it sends to global markets through the end of the year.

Hollywood production has been halted for months as actors and writers have been on strike. Now, the writers are headed back to work. Actors represented by SAG-AFTRA remain on strike.

After his choice to oversee legal cannabis in the state quit after one day amid media scrutiny of her background, Gov. Tim Walz said he will look into why problems weren’t discovered earlier.

A $1 million grant from the Blandin Foundation is intended to help communities around Grand Rapids and Leech Lake build affordable housing.

A Duluth developer announced plans this week to convert a 50-year old downtown office building into apartments. It’s the first of what the city hopes will be several office-to-housing conversions in the next several years as Duluth works to revitalize its downtown post-pandemic.

Minnesota apple lovers have a reason to celebrate this fall harvest season: The famous Honeycrisp and Zestar varieties have had an apple baby named Kudos.