Business and Economic News

Creative older workers shine on stage, in offices and on the radio
If the Super Bowl halftime show taught us anything it’s that artists over 50 deserve a stage, too. The all-star, hip-hop lineup got the entire crowd on their feet. Entertainers are not the only ones still ready to shine in middle age; America’s Baby Boomers and aging Gen Xers want a chance to contribute. On Monday, guest host Chris Farrell spoke with a business professor and a writer doing their best work after 50.
Gas prices are near record highs. A fuel tax holiday could give consumers some relief
Gasoline prices hit record highs last week, so politicians in both parties proposed suspending state and federal gas taxes. But some warn such tax "holidays" may cut funding for needed road repairs.
Starbucks plans to phase out paper cups in the U.S. and Canada
As part of the company's goal to reduce waste by 50 percent by 2030, customers will be able to bring a reusable cup to get their drinks by the end of next year.
The Federal Reserve raises interest rates for the first time since 2018
The Federal Reserve is expected to raise interest rates today for the first time since 2018, in an effort to tamp down inflation. Additional rate hikes are likely in the months to come.
On Equal Pay Day, women are trying to make a dollar out of 83 cents
It took women working year round full-time jobs 74 extra days to earn what men did in 2021. And the data is worse for women of color, who are disproportionately employed in low-wage jobs.
Despite uncertainty, Minnesota farmers are hopeful they'll have a good year
The invasion of Ukraine has grain prices on a roller coaster while fertilizer and fuel prices are rising. That's creating financial uncertainty for farmers, but many are sticking with their planting plans in what’s expected to be a profitable year, despite the economic uncertainty.