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Business and Economic News

Here are the 5 things to know about the state of the economy this Independence Day

Here are the 5 things to know about the state of the economy this Independence Day

As the U.S. celebrates its birthday with hot dogs and fireworks, the economy continues to grow, the job market is strong, but inflation and rising interest rates are keeping recession fears alive.
by Scott Horsley

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Honeybee deaths rose last year. Here's why farmers would go bust without bees

Honeybee deaths rose last year. Here's why farmers would go bust without bees

Beekeepers lost nearly half of their honeybee colonies last year. Without bees, farmers can't grow the fruits and plants that feed us. So farmers are working harder to get their crops pollinated.
by Allison Aubrey

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Grocery workers ratify new contract with Lunds & Byerlys

Grocery workers ratify new contract with Lunds & Byerlys

Workers voted Saturday at 10 store locations across the western Twin Cities metro. The union and Lunds & Byerlys reached a contract agreement last week after the union threatened to strike over unfair labor practices.
by Aaliyah Demry

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Cruise ship company that visited Duluth to leave the Great Lakes

Cruise ship company that visited Duluth to leave the Great Lakes

American Queen Voyages, a cruise ship company that made two stops in Duluth this summer, has announced its plans to pull out of the Great Lakes starting next year. The move comes amid a surge in growth for the cruise industry on the Lakes and the St. Lawrence Seaway.
by Dan Kraker

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Student loan ruling denies relief to 730,000 Minnesota borrowers

Student loan ruling denies relief to 730,000 Minnesota borrowers

The U.S. Supreme Court’s decision Friday striking down President Biden’s student debt forgiveness program means that an estimated 730,000 Minnesotans will not get the financial relief that many had hoped for. The high court ruled 6-3 that the U.S. Department of Education does not have the authority to cancel federal student loans.
by Olivia Stevens and Matt Sepic

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