Oil prices are falling by more than 10 percent, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude to customers worldwide.
"My hope is that this commitment provides the stability and the spark NPR needs to innovate boldly and strengthen its national network," says Connie Ballmer, who gave $80 million of the $113 million.
Minnesota lost about 6,100 jobs over the month — double the rate of decline seen nationally. State officials say federal immigration enforcement actions likely played a significant role.
The average refund so far is $350 more than last year at this time, despite projections that it would be closer to $1,000 due to Republican-led tax changes as part of the Big Beautiful Bill Act.
While crude oil prices dropped this week following news of a tenuous ceasefire in the U.S. and Israeli war with Iran, gas prices continue to rise in Minnesota.
A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began.
The Science Museum of Minnesota is drawing half the number of visitors it did compared to before the COVID-19 pandemic. MPR News host Angela Davis talks about how the museum is responding to the plunge in attendance and revenue.
Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
Opponents of a massive data center proposed by Google in the small northern Minnesota city of Hermantown are also speaking out against a proposed electric transmission line that advocates argue is needed for the transmission of energy generated from renewable sources.
When it comes to staying informed in Minnesota, our newsletters overdeliver. Sign-up now for headlines, breaking news, hometown stories, weather and much more. Delivered weekday mornings.