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Business and Economic News

AP-NORC poll: Many Americans resuming pre-virus activities

AP-NORC poll: Many Americans resuming pre-virus activities

Many Americans are relaxing precautions taken during the COVID-19 pandemic and resuming everyday activities, even as some worry that coronavirus-related restrictions were hastily lifted, a new poll shows.
by The Associated Press

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Minnesota unemployment rate dropped to 4 percent in May

Minnesota unemployment rate dropped to 4 percent in May

The Minnesota unemployment rate dropped by a tenth of 1 percent in May and the labor force participation rate grew for the first time in three months as the state’s economy recovered from the COVID-19 pandemic.
by Mark Zdechlik

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How much is it worth to leave an old pipeline in the ground? State regulators reject call to clarify Line 3 removal program

How much is it worth to leave an old pipeline in the ground? State regulators reject call to clarify Line 3 removal program

More than 250 landowners who live along an oil pipeline corridor that cuts across northern Minnesota can expect to receive additional information in the mail in the next few weeks about removing those pipelines from their land.
by Dan Kraker

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Chris Farrell's 'The Greener Good' series: Ethical investing

The final of a three-part series by MPR's Chris Farrell about the economy and climate change, called "The Greener Good." This episode is about ethical investing.

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No money to help stretch SNAP dollars at farmers markets in state budget

No money to help stretch SNAP dollars at farmers markets in state budget

A program that helps Minnesotans with low incomes buy produce at farmers markets could be a victim of budget negotiations at the state Capitol, and some legislators are scrambling to find a way to save it. 
by Tim Pugmire

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Fed sees faster time frame for rate hikes as inflation rises

Fed sees faster time frame for rate hikes as inflation rises

The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with rising inflation.
by The Associated Press

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Latinas left workforce at highest rate, see slow recovery

Latinas left workforce at highest rate, see slow recovery

A new report finds that Latinas have left the workforce at rates higher than any other demographic and also have had some of the highest unemployment rates throughout the pandemic. That could spell trouble not just for a post-pandemic economic recovery but for the long-term stability of the country as baby boomers continue to retire.
by The Associated Press

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Want a job? Employers say: Talk to the computer

Want a job? Employers say: Talk to the computer

Online services that interview job applicants remotely by webcam and use artificial intelligence to assess their skills mushroomed in popularity during the pandemic and into the subsequent economic recovery. But the technology raises questions about whether computers can accurately and fairly judge a person’s character traits and emotional cues. 
by The Associated Press

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