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Hennepin County buys hotels to convert into low income housing and other business news

Hennepin County plans to convert the former luMinn Hotel in downtown Minneapolis into housing for people who make below 30 percent of the area median income. That’s one of several hotels the county has bought to create more accommodations for low-income residents.  Kelly Busch is a reporter with the Minneapolis St Paul Business Journal. She talks with guest host Tim Nelson about those deals and more business stories catching her eye.
by Ellen Finn and Tim Nelson

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Is a strong dollar a good thing? Not for everybody

Is a strong dollar a good thing? Not for everybody

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.
by David Gura

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Journalists are being trained to gather evidence of war crimes — starting in Ukraine

Journalists are being trained to gather evidence of war crimes — starting in Ukraine

For years, the coverage of war crimes by journalists wasn't used in criminal trials. The Reckoning Project is an educational program that aims to change that, starting with Ukraine.
by Juana Summers, Kai McNamee and Patrick Jarenwattananon

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The British pound hit a record low over fears about income tax cuts and debt

The British pound hit a record low over fears about income tax cuts and debt

The British pound sank to $1.03, before stabilizing slightly, as traders and investors react negatively to new government plans to cut taxes for highest earners and businesses and boosting borrowing.
by Willem Marx

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Stocks and bonds both get clobbered this time. Here's what's behind the double whammy

Stocks and bonds both get clobbered this time. Here's what's behind the double whammy

Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans.
by Chris Arnold

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FedEx delivers unexpected bad news to Wall Street

FedEx delivers unexpected bad news to Wall Street

A surprise warning from FedEx has shocked Wall Street and worried some about the direction of the economy.
by David Gura

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