Business and Economic News

What’s next with student debt and loan forgiveness?
President Joe Biden announced a plan to cancel up to $20,000 in student loan debt per borrower, but critics say that the plan does nothing to address the underlying issue of college affordability. MPR News host Angela Davis talks about student loan forgiveness and the future of college affordability.
U.S. inflation slows for 2nd month but remains stubbornly high
U.S. inflation slowed for a second straight month on a sharp fall in gas prices, yet excluding energy most other items got more expensive in August, a sign that inflation remains a heavy burden for American households.
Cooks say outdated regulations hold back ethnic food vendors
In Rochester, the Night Market focuses on promoting ethnic food vendors and it gets more and more popular by the year. But behind the scenes, the annual event underscores how food production regulations for up-and-coming cooks can hamper their ability to build a business.
How remote work is changing office culture
The surge in remote work during the pandemic is here to stay. Coming up at 9 a.m. on Thursday, MPR News guest host Chris Farrell talks about what this means for workplace culture, employee collaboration and even office design.
European Central Bank makes largest-ever interest rate hike
The European Central Bank has made its largest-ever interest rate increase to combat record inflation that is squeezing consumers and pushing the 19 countries that use the euro currency toward recession. 
Anne Garrels, longtime foreign correspondent for NPR, dies at 71
Longtime NPR foreign correspondent Anne Garrels has died. She was known for her brave work covering war zones and conflicts around the world.
Behind the numbers for Minnesota's hot job market
All across Minnesota, businesses are desperate for workers. “We’re hiring” signs seem to be posted in every storefront. Companies are flying in workers from places like Puerto Rico, paying big signing bonuses, and getting into wage wars in a desperate attempt to fill open positions.
Target drops mandatory CEO retirement age, Cornell to stay
Target CEO Brian Cornell will stay in his position leading the retailer for about the next three years. The company also announced Wednesday that Arthur Valdez, executive vice president and chief supply chain and logistics officer, will retire.