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Business and Economic News

The pandemic has changed workplace fashion. What does that mean for you?

The pandemic has changed workplace fashion. What does that mean for you?

Many people traded in slacks for sweatpants during the worst of the pandemic and are now figuring out what to wear back to the office. Here's what that looks like, from Wall Street to Capitol Hill.
by Rachel Martin and Milton Guevara

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Old bank in Minneapolis to become an incubator for Black-owned businesses

Old bank in Minneapolis to become an incubator for Black-owned businesses

An old, dilapidated bank building on 42nd and Lyndale Avenue is getting a new life. Anissa Keyes is turning the Camden Park State Bank into an incubator for Black-owned businesses. She gave MPR News host Tom Crann a tour of the space before its soft opening on July 11.
by Megan Burks and Tom Crann

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Smithfield Foods settles pork price-fixing lawsuit for $42M

Smithfield Foods settles pork price-fixing lawsuit for $42M

Smithfield Foods will pay restaurants and caterers $42 million to settle a lawsuit that accused the giant meat producer of conspiring to inflate pork prices, which will likely only add to concerns about how the lack of competition in the industry affects meat prices.
by The Associated Press

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Monthly car payments have crossed a record $700. What that means

Monthly car payments have crossed a record $700. What that means

The average cost of a new car is also at the highest on record, topping $47,000 a pop. At this rate, an essential household purchase is starting to feel like a luxury in America.
by Brittany Cronin

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