Business and Economic News

Millions of Americans have long COVID. Many of them are no longer working
An estimated 4 million workers in the U.S. are struggling to work due to debilitating symptoms from long COVID. The government is urging employers to provide accommodations to keep them on the job.
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.
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.
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.