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Business and Economic News

Pandemic food assistance that held back hunger comes to an end

Pandemic food assistance that held back hunger comes to an end

Millions of people who depend on the Supplemental Nutrition Assistance Program known as SNAP will see a cut of $90 a month or more. Some recipients say it will make it harder to buy healthy food.
by Allison Aubrey

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Lifeline or logistical problem? Paid leave debate unfurls at Capitol

Lifeline or logistical problem? Paid leave debate unfurls at Capitol

As Minnesota lawmakers put a proposal for paid family and medical leave through its paces, employers try to get a handle on the implications.
by Brian Bakst

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Ag Department sees need to support local food in Minnesota

Ag Department sees need to support local food in Minnesota

When the pandemic disrupted food supply chains in 2020, many people scrambled to buy food directly from farmers. That local food movement is still growing. A new initiative hopes to provide more state support for small farmers and local food networks.
by Dan Gunderson

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Rupert Murdoch says Fox stars 'endorsed' lies about 2020. He chose not to stop them

Rupert Murdoch says Fox stars 'endorsed' lies about 2020. He chose not to stop them

Under oath in a $1.6 billion defamation case, Murdoch says he wishes Fox News had been "stronger in denouncing" false claims of election fraud. Fox says the lawsuit threatens journalists' free speech.
by David Folkenflik

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Target issues tepid outlook after a 43% profit drop in 4Q

Target issues tepid outlook after a 43% profit drop in 4Q

Target has reported a 43 percent drop in profits and a slight uptick in sales for the holiday quarter. The discounter is still grappling with a slowdown in consumer spending and its own higher costs.
by The Associated Press

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Casinos and consulting? Pandemic spurs tribes to diversify

Casinos and consulting? Pandemic spurs tribes to diversify

Hit hard by COVID-19 shutdowns, Native American tribes with casinos are taking a closer look at diversifying their portfolios to help keep their sovereign nations economically strong for future generations.
by The Associated Press

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Despite high inflation, Americans are spending like crazy – and it's kind of puzzling

Despite high inflation, Americans are spending like crazy – and it's kind of puzzling

Americans began the new year with a spending spree, but businesses are not sure how long it can last. There's a lot riding on the answer, since consumer spending is the backbone of the U.S. economy.
by Scott Horsley

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