Business and Economic News

US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers.
Thinking of buying a new pair of jeans? Breaking down the cost over time might help you decide
Shoppers are looking beyond just the price tag of a skirt or a pair of pants in the wake of still stubbornly high inflation. Some are adopting a new calculation: how many times will they wear a piece of clothing to be able to justify the cost?
Teens strive to earn long-term tech positions in the Twin Cities
Through its Tech Geeks program, 30,000 Feet offers paid training and a pathway to lucrative careers, in particular for young people of color.
Making sure Minnesota gets its share of green energy money
As part of our “Getting to Green” series, the Minnesota Department of Commerce’s Pete Wyckoff talks about the amount of federal funding available to accelerate the transition to a clean economy, and his role in making sure Minnesota gets its share of the money
Twin Cities receives hopeful inflation report: what does it mean for your wallet?
Inflation in the Twin Cities is at just one percent, according to new data the Bureau of Labor Statistics released this morning. That's lower than the national rate of 3.2 percent and the lowest inflation rate in the Twin Cities since July 2020.
Emmy Awards rescheduled to January 15 due to Hollywood strikes
The 75th Emmy Awards have been rescheduled to broadcast on Monday, Jan. 15, 2024 — Martin Luther King Jr. Day. It’s television’s most prestigious awards show, but ratings have been dropping steadily.