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Business and Economic News

Minneapolis council to consider move to establish rent control

Minneapolis council to consider move to establish rent control

The measure would set limits on the rates at which housing prices can grow. The Minneapolis City Council is expected to start the process Friday.
by Brandt Williams

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So what is short selling? An explainer

So what is short selling? An explainer

A primer on what you need to know about short selling as an army of amateur investors battles it out against hedge funds.
by Rafael Nam

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Cicely Tyson, groundbreaking award-winning actor, dead at 96

Cicely Tyson, groundbreaking award-winning actor, dead at 96

Cicely Tyson, the pioneering Black actor who gained an Oscar nomination for her role as the sharecropper’s wife in “Sounder,” a Tony Award in 2013 at age 88 and touched TV viewers’ hearts in “The Autobiography of Miss Jane Pittman,” has died. She was 96.
by The Associated Press

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GameStop: How Reddit traders occupied Wall Street's turf

GameStop: How Reddit traders occupied Wall Street's turf

GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.
by Avie Schneider

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'There’s this pent-up demand': Minnesota restaurants welcome the return of diners

'There’s this pent-up demand': Minnesota restaurants welcome the return of diners

Restaurant owners say Minnesotans are taking advantage of the return to in-person dining. The state's hospitality businesses got the go-ahead to reopen to limited indoor drinking and dining earlier this month. Though they might prefer opening at full capacity, they’re focused on avoiding a return to harsher restrictions.
by Mark Zdechlik

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Should we lift the crushing burden of student loan debt? 

Should we lift the crushing burden of student loan debt? 

Forgiving student loan debt has moved from fringe to mainstream. President Joe Biden supports erasing up to $10,000 in debt and some Democrats want more. Kerri Miller talks to two experts about why student debt has surged and how to help those who need it most. 
by Kerri Miller and Maja Beckstrom

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Biden's push against housing discrimination must go beyond HUD, researcher says

Biden's push against housing discrimination must go beyond HUD, researcher says

Andre Perry of Brookings says discrimination against communities of color also involves lenders, zoning laws and other issues that the Department of Housing and Urban Development is less involved in.
by Rachel Martin and Avie Schneider

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Why N95 masks are still in short supply in the U.S.

Why N95 masks are still in short supply in the U.S.

Early in the pandemic, shortages of N95 respirators and other medical gear prompted panic across the world. A year later, the masks still aren't widely available to U.S. consumers.
by Yuki Noguchi

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At some of MN's large hospital systems, teleworkers, volunteers, construction workers have COVID vaccine advantage

At some of MN's large hospital systems, teleworkers, volunteers, construction workers have COVID vaccine advantage

State officials say Minnesota’s medical institutions have taken a liberal view of who should be in the early rounds of vaccination. And it’s come at the cost of making sure shots get to the people who need them most.
by Catharine Richert

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