Business and Economic News

Americans' economic outlook brightens as inflation slows and wages outpace prices
After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes.
The West Bank economy has been hammered by war
More than three months into Israel's war in Gaza, the economy of the West Bank is reeling. Many fear the economic pain may lead to even more violence in the territory.
TikTok cuts jobs as tech layoffs continue to mount
The wildly popular video-sharing app is the latest technology firm to reduce staff in response to what executives say are ongoing business challenges.
Human rights agency accuses Brainerd company of failing to stop supervisor's harassment
The lawsuit claims the company failed to stop a supervisor from using his position of power to repeatedly sexually harass and assault two employees starting in 2020, including unwelcome sexual advances, unwanted touching and offensive comments.
What's up with all the business closings on St. Paul's Grand Avenue? City council member weighs in
The St. Paul restaurant that claims to serve the most walleye in the world is calling it quits. The family who has owns Tavern on Grand on St. Paul’s Grand Avenue is closing the decades-old landmark in early June.