Business and Economic News

Minnesota Senate passes paid family and medical leave program
The plan would set up a payroll tax for workers and employers, and employees could then get partial pay replacement if they got sick or had to care for a loved one.
Minnesota Teacher of the Year award goes to St. Paul math teacher
Students and fellow teachers praised Michael Houston for creating a welcoming classroom environment, making math relevant to students, and focusing on mental health. The award offered a bright spot after a difficult year at Harding High School, including a fatal stabbing in the building.
Yellen: 'No good options' if Congress fails to act on debt
Treasury Secretary Janet Yellen says there are “no good options” for the United States to avoid an economic “calamity” if Congress fails to raise the nation’s $31 trillion-plus borrowing limit in the coming weeks.
Future of Us: The pandemic offered workers a golden opportunity – but inequities to navigate
The pandemic gave workers fresh evidence that business doesn’t have to operate as usual. An organizational behavior expert says it’s an opportunity to make work better for people, if we can avoid creating new inequities in the process.
Biden administration warns consumers to avoid medical credit cards
Americans paid an estimated $1 billion in interest on medical debt in just three years, a federal agency finds. This includes use of credit cards often pitched in doctors' and dentists' offices.