Business and Economic News

Minnesota job growth stalls and exports rise
Minnesota job growth stalled in August as unemployment edged up to 4.4 percent, while exports rose but face uncertainty from ongoing trade tensions.
Rabies confirmed in Brown County cow. MDH recommends shots for 9 people who were exposed
MDH recommended nine people obtain rabies post-exposure prophylaxis as they may have been exposed to saliva from the infected animal. The disease is extremely dangerous and life-threatening to both humans and animals.
Minnesota’s legal cannabis market turns 1 as growers ramp up production 
The state’s cannabis market surpassed $250 million in sales over the past year while the number of plants has surged. That could mean more products and more competition ahead.
The Fed raises interest rates for the first time in over three years
The Federal Reserve raised interest rates for the first time in more than three years Wednesday, in a show of its determination to attack stubborn inflation. That could make it more expensive to borrow money to buy a car or carry a balance on a credit card.
High winds drop the curtain on one of Minnesota's last drive-in movie theaters
Minnesota used to be dotted with dozens of drive-in theaters where you could watch a movie under the stars in your car. But only four remain in the state. And in northwestern Minnesota, one of them was forced to shut down for the season after a storm tore it down.
Inver Grove Heights exempts data center project from city moratorium
The project in question — a proposed 55,000-square-foot data center on Carmen Avenue East — had already been in the works when the council approved the one-year data center moratorium.
Federal regulators sue to close pest-infested Minneapolis food warehouse
Gold Star Distribution is planning to close after pest problems and product recalls. Investigators with the Food and Drug Administration had found a slew of pests in the building during the 2025 inspection.
Why is Rochester’s 10-acre Seneca site still vacant seven years later?
The Seneca Foods processing and canning facility closed in 2018 and Olmsted County purchased the property the following year for $5.6 million. But seven years later, the site is still empty, and county commissioners said that the process to find realistic options to fill the site has been slow, meandering and somewhat controversial.