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Business and Economic News

'Walk one day in our shoes': Life near minimum wage

'Walk one day in our shoes': Life near minimum wage

A juicy prime rib. A glossy art book. A few days off work without worrying about bills. These are the unreachable desires of some of America's workers earning close to minimum wage.
by Alina Selyukh

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Latina entrepreneurs find a space online to thrive in pandemic

Latina entrepreneurs find a space online to thrive in pandemic

Facebook Live boutique events provide needed income for entrepreneurs and create a virtual space for community members to come together in an isolated world. One Minnesota entrepreneur is among those finding success.
by Kathryn Styer Martinez

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Minnesota home insurance premiums tripled as extreme weather increased

Minnesota home insurance premiums tripled as extreme weather increased

Damage from three storms in 1998 alone cost more than those during the previous 40 years combined. Since then, the pace of costly storms hasn’t let up.
by Paul Huttner

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Amid pandemic, Minneapolis dive bar Liquor Lyle’s is up for sale

It’s not news that the past year has been challenging for restaurants, bars and other businesses around the state. Many community institutions have closed their doors permanently. In Minneapolis, news of the latest casualty – Uptown dive bar Liquor Lyle’s – is hitting hard.
by Cathy Wurzer

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Stuck ship in Egypt's Suez Canal imperils shipping worldwide

Stuck ship in Egypt's Suez Canal imperils shipping worldwide

A skyscraper-sized cargo ship wedged across Egypt's Suez Canal further imperiled global shipping Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear, authorities said.
by The Associated Press

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3 things to know about immigrants' contributions to Minnesota's economy

3 things to know about immigrants' contributions to Minnesota's economy

A new report from the Minnesota Chamber of Commerce analyzed immigrants’ contributions to the state economy. From health care to agriculture, Minnesota industries wouldn’t be as robust without immigrants, the numbers show.
by Katie Moritz and Tom Crann

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Boom or bubble? Skeptics take aim at buzzy electric vehicle market

Boom or bubble? Skeptics take aim at buzzy electric vehicle market

A ton of new vehicle start-ups are trying to follow in Tesla's footsteps but a battle between one electric pickup maker and a short seller shows how the heavily hyped industry is also a risky one.
by Camila Domonoske

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Michael Sandel on contributing to the common good

Michael Sandel on contributing to the common good

Michael Sandel speaks at the Institute for Freedom and Community at St. Olaf College about his book, “The Tyranny of Merit: What’s Become of the Common Good?”
by MPR News Staff

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