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Business and Economic News

Farmers impacted by severe drought in southern Minnesota

Farmers impacted by severe drought in southern Minnesota

Much of southern Minnesota is abnormally dry with the Twin Cities in a severe drought. The lack of rain is a big concern for farmers as is the ongoing Russian invasion of Ukraine which is creating volatility in agriculture markets. Kent Thiesse is Farm Management Analyst and Senior Vice President at MinnStar Bank. He joined host Cathy Wurzer to talk more about what Minnesota farmers are experiencing.
by Cathy Wurzer, Simone Cazares and Sam Stroozas

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American Crystal Sugar union workers reject contract offer

American Crystal Sugar union workers reject contract offer

Union workers at five American Crystal Sugar Company factories in the Red River Valley have rejected a final contract offer. The Moorhead-based cooperative has agreed to extend the current contract and continue negotiations.
by Dan Gunderson

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Fewer Americans applied for jobless benefits last week

Fewer Americans applied for jobless benefits last week

Fewer Americans applied for jobless benefits last week, but the previous week’s number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months.
by The Associated Press

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A growing number of Americans are questioning the value of going to college

A growing number of Americans are questioning the value of going to college

A new poll on adults' perceptions of higher education shows a sharp partisan divide and a decline in the share of Americans who think colleges and universities have a positive impact on the nation.
by Pooja Salhotra

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