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Business and Economic News

THC businesses struggle to keep up as Minnesota cities set inconsistent rules

THC businesses struggle to keep up as Minnesota cities set inconsistent rules

The state legalization of THC products in July delighted some Minnesotans. But critics say the new law lacks proper regulation. As a result several communities have imposed local ordinances and some outright bans on retailers. Now THC businesses find themselves navigating a changing patchwork of retail regulations.
by Hannah Yang

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UK leader in peril after Treasury chief axes 'Trussonomics'

UK leader in peril after Treasury chief axes 'Trussonomics'

Liz Truss' unfunded tax cuts fueled investor concerns about unsustainable levels of government borrowing, which pushed up borrowing costs, raised home mortgage costs and sent the pound plummeting to an all-time low against the dollar.
by The Associated Press

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Boundary Waters algae blooms spark questions, concern

Boundary Waters algae blooms spark questions, concern

Blue-green algae is typically found in lakes with heavy nutrient runoff from nearby farms, lawns and roads. But researchers are now trying to figure out what’s causing the sometimes harmful blooms in more remote lakes in northern Minnesota, including in the Boundary Waters Canoe Area Wilderness.
by Dan Kraker

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The cost of candy is up a scary 13% just in time for Halloween

The cost of candy is up a scary 13% just in time for Halloween

Dressing up for trick or treat will also cost you. While the Bureau of Labor Statistics doesn't track the price of costumes, the prices of clothing and homemade sewing supplies have risen too.
by Becky Sullivan

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Low water disrupts industry along lower Mississippi River

Low water disrupts industry along lower Mississippi River

A dearth of rainfall in recent weeks has left the Mississippi approaching record lows across several states. The low levels have caused barges to get stuck in mud and sand, disrupting river travel for shippers, recreational boaters and passengers on a cruise line.
by The Associated Press

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With mortgage rates near 7%, the housing party is over. Now it's hangover time

With mortgage rates near 7%, the housing party is over. Now it's hangover time

The highest rates in 20 years are dashing the dreams of some would-be homebuyers. Others stretch to buy but spend close to $1,000 a month more in monthly payments for a typical house.
by Chris Arnold

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