Business and Economic News

Fire destroys main lodge at popular northern Minnesota resort
The main building at a northern Minnesota resort that has hosted cross-country ski retreats, language camps, weddings and conferences for years was destroyed by fire Monday. News of the fire prompted an online outpouring of stories, memories and sympathy.
Competitive pumpkin growers gather at Stillwater Harvest Fest
Competitive pumpkin growers made a beeline for the Stillwater Harvest Fest this past weekend. The annual gathering is now one of the largest festivals of its kind in the Midwest, with the pumpkin weigh-off as its centerpiece.
Large rail union rejects deal, renewing strike possibility
Union President Tony Cardwell said the railroads didn’t do enough to address worker concerns about the lack of paid time off — particularly sick time — and tougher working conditions after cutbacks.
Managing your money during inflation, rising interest rates and uncertainty 
We’re heading into fall with inflation, rising interest rates and an uncertain job market. MPR News host Angela Davis talks with two personal finance experts about how to manage your money in the months to come.  
Former Fed chair Bernanke shares Nobel for research on banks
This year’s Nobel Prize in economic sciences has been awarded to the former chair of the U.S. Federal Reserve, Ben S. Bernanke, and two U.S.-based economists, Douglas W. Diamond and Philip H. Dybvig, “for research on banks and financial crises.”
Digging into Minnesota's peat, an underappreciated climate superhero
Meet a carbon-sequestering superhero: peat moss. Efforts are underway to better understand the role that peat bogs in northern Minnesota play in mitigating climate change.
The annual pumpkin growers gathering at Stillwater is now one of the largest festivals of its kind in the Midwest.
When your seatmate on the plane talks about the Fed, you know things aren't right
Typically, the "Fed" is a pretty wonky and sleepy corner of America, known for shockingly dull press conferences. When economic sailing is smooth, there's not much news coming out of the central bank that is of even remote interest to people other than economists or journalists.