Business and Economic News

Legal losses keep coming for Biden's student loan relief plan
The 5th Circuit Court rejected a Education Department appeal on Wednesday, the latest setback in several parallel lawsuits. The administration is expected to ask the Supreme Court to weigh in.
 'Send help': Minnesotans worry as heating costs climb, winter nears
After a big infusion of federal pandemic funding last year, heating assistance grants have dropped back to pre-pandemic levels while fuel prices surge. It’s left many low-income Minnesotans wondering how they will pay their bills and stay warm this winter.
House votes to avert rail strike, impose deal on unions
Congress is moving urgently to head off the looming U.S. rail strike. The House passed a bill Wednesday that would bind companies and workers to a proposed settlement reached in September that failed to gain the support of all 12 unions involved.
Why has the U.S. House voted to block railroad workers from negotiating a new contract?
Host Cathy Wurzer talks with Louis Johnston, professor in the Economics department at Saint John’s University about a possible strike among railroad workers and the U.S. House of Representatives vote on stopping it.
U.S. lawmakers skeptical grocery merger will mean lower prices
U.S. senators from both parties have expressed skepticism that a proposed merger between grocery giants Kroger and Albertsons will lower prices for consumers. But the CEOs of Kroger and Albertsons insisted Tuesday that there will still be competition. They told a hearing that a merger will help them counter growing rivals like Walmart, Costco and Amazon. 
Twin Cities at forefront of guaranteed basic income experiment
Minneapolis and St. Paul are at the forefront of a national experiment which involves giving people $500 a month with no strings attached.
How government action encouraged shock jocks and talk radio that changed the political game
Host Cathy Wurzer talks with Minneapolis-based independent journalist Katie Thornton just came out with a new 5-part series on WNYC’s show "On the Media" about how the the American right came to dominate talk radio, and how one company is launching a conservative media empire on the airwaves.
Stressed about money this holiday season? It doesn't have to be so expensive
Travel prices are up this holiday season, and the cost of just about everything else is high due to inflation. But the holidays don’t have to be so expensive. MPR News host Angela Davis talks with two experts about practicing frugality this holiday season.