Business and Economic News

Under new ownership, Ebony magazine bets on boosting Black business
Ebony magazine is turning 76 years old. With new owners, the legacy publication is rebooting to reach and uplift Black audiences with a focus on financial literacy and building wealth.
U.S. reaches deal with European Union over steel and aluminum tariffs
The U.S. and the European Union have reached an agreement to settle their diplomatic rift over Trump-era steel and aluminum tariffs, the White House announced Saturday, as President Joe Biden is in Rome attending the Group of 20 summit.
G-20 leaders to tackle energy prices, other economic woes
The presidents and prime ministers representing 80 percent of the global economy will confront a recovery hampered by an energy crunch that's spurring higher fuel and utility prices, new COVID-19 outbreaks and logjams in supply chains. President Joe Biden has said he wants to press other leaders on high oil prices.
White House looks to protect U.S. financial systems from climate change risk
The cost of climate-change-enhanced weather disasters is hitting taxpayers and companies directly. Now the White House is taking steps to protect the country’s financial systems from such risks.
ExxonMobil’s chief executive says his company “does not spread disinformation regarding climate change″ as he counters congressional allegations the industry concealed evidence about the dangers of it.
What’s on the ballot: Rent control
Rent stabilization is on the ballot in Minneapolis and St. Paul. Guest host Chris Farrell talks with supporters and opponents of St. Paul’s proposed new ordinance — should residential rent increases be capped at 3 percent annually? If St. Paul becomes the first city in the country to stabilize rents this way, will other places follow suit?
State panel deadlocks over how to give away $250 million in hero pay
A task force that tried to reach a deal on hero pay for pandemic front-line workers adjourned without reaching a compromise. Instead, two plans for dividing up $250 million will be forwarded to the Legislature.
Minneapolis eyes guaranteed basic income to aid needy families
City officials are looking for 200 Minneapolis families to receive $500 per month for two years as part of the city's new guaranteed basic income pilot program.
Twin Metals to appeal federal decision on proposed mine, says project still viable
Twin Metals says it will appeal a decision by the federal Bureau of Land Management to reject its applications for additional mineral leases and exploration permits. Last week, the Biden administration ordered a mineral withdrawal study on 225,000 acres of federal land that could lead to a 20-year ban on mining upstream from the Boundary Waters Canoe Area Wilderness.