Business and Economic News

July 1, 2022 4:00 AM

Fourth of July parties will cost more this year but you can save with a bit of math

Hosting a July Fourth barbeque is 11 percent more expensive than last year, thanks to inflation. The prices of chicken wings, ground beef and beer have all skyrocketed. Still, there are ways to save.

by Jacqueline GaNun

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June 29, 2022 11:53 AM

Air travelers face flight delays, cancellations this holiday weekend

More than 500 flights had been canceled as of noon Wednesday. More could be on the way.

by Cathy Wurzer and Gretchen Brown

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June 29, 2022 5:58 AM

Who's to blame for inflation? We fact-check some common claims

As many Americans continue to struggle financially because of inflation, we set out to clear the air on some common claims about what's going on.

by Ailsa Chang and Kathryn Fox

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June 29, 2022 4:45 AM

Job cuts are rolling in. Here's who is feeling the most pain so far

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

by David Gura

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June 28, 2022 3:05 PM

U.S. Steel to invest $150 million at Minnesota mine

U.S. Steel will spend about $150 million to upgrade one of its two Minnesota mines to produce a new kind of iron ore feedstock — pellets needed to supply the kind of mills that now dominate the nation’s steel industry.

by Dan Kraker

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June 28, 2022 1:52 PM

Minnesota economic development agency adds new outreach office

A new unit at the Minnesota Department of Employment and Economic Development plans to work with populations that face more difficulty finding work or creating businesses.

by Brian Bakst

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June 27, 2022 7:25 AM

Steve Grove on the latest unemployment numbers

Steve Grove is the commissioner of the Minnesota Department of Employment and Economic Development. He joined host Cathy Wurzer to talk more about the latest unemployment numbers in Minnesota.

by Cathy Wurzer and Gretchen Brown

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June 27, 2022 4:00 AM

The end of Roe v. Wade has huge economic implications for male partners, too

Research is more limited, but shows men that who become parents younger than planned are less likely to go to college and have lower earnings.

by Juliana Kim

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June 26, 2022 5:30 AM

Biden says G-7 countries will ban Russian gold in response to the war in Ukraine

Senior Biden administration officials said gold is Moscow's second largest export after energy. Banning imports would make it more difficult for Russia to participate in global markets, they said.

by The Associated Press