Business and Economic News

What are the 10 largest U.S. lottery jackpots ever won?
The Powerball jackpot is growing to an estimated $1.25 billion for Wednesday night’s drawing after lottery officials said no ticket matched all six numbers drawn Monday night.
Reappointments reinforce Fed independence — for now
The Fed reappointed Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, and other regional presidents, easing fears the Trump administration would reshape monetary policy.
Economic shifts affecting holiday shopping in Indian Country
How can Indigenous artists and small businesses can stay afloat and stand out among a declining economy and lower than normal holiday shopping trends?
Grain market expert weighs in on federal bailout for Minnesota farmers hurt by tariffs, inflation
Ed Usset, grain marketing specialist at the Center for Farm Financial Management and U of M Extension professor, joined Cathy Wurzer on Morning Edition Wednesday to share how tariffs have affected farm country.
A divided Federal Reserve cuts interest rates for a 3rd straight time
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.