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Business and Economic News

Enbridge starts construction on Line 3 in Minnesota

Enbridge starts construction on Line 3 in Minnesota

Enbridge Energy has begun construction on its Line 3 crude oil pipeline replacement in Minnesota. The action Tuesday comes a day after state regulators approved the final permit for the $2.6 billion project.
by The Associated Press

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Starting a new business during the pandemic

Starting a new business during the pandemic

The number of people starting new businesses in the United States and in Minnesota shot up this summer and fall. Why now?
by Chris Farrell and Maja Beckstrom

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More Americans pay rent on credit cards as lawmakers fail to pass relief bill

More Americans pay rent on credit cards as lawmakers fail to pass relief bill

Many Americans who've lost income in the pandemic are falling deeper into debt — forced to pay bills or even their rent on credit cards. It's a sign of trouble ahead for the economy.
by Chris Arnold

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Podcast takes aim at 'toxic masculinity' in Hmong culture

Podcast takes aim at 'toxic masculinity' in Hmong culture

Two Minnesota podcasters are trying to shed light on a subject many Hmong men would rather avoid: A male-dominated culture that can lead to domestic abuse.
by Jeffrey Bissoy

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Minnesota gives final green light to disputed oil pipeline

Minnesota gives final green light to disputed oil pipeline

Minnesota regulators have approved the final permit for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota. The decision gives the company the green light to begin construction on the $2.6 billion project.
by Steve Karnowski, Associated Press

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Teaching kids about money during a pandemic

Teaching kids about money during a pandemic

With the economic fallout of the coronavirus pandemic frequently in the news, now is a great time for parents and caregivers to teach children about the merits of saving and how to spend responsibly.
by Angela Davis and Katie Moritz

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Biden to nominate Yellen, highlight diversity on econ team

Biden to nominate Yellen, highlight diversity on econ team

In a statement, President-elect Joe Biden said he would nominate Janet Yellen, the former Federal Reserve chair, to lead the Treasury Department, and former Clinton and Obama adviser Neera Tanden to serve as director of the Office of Management and Budget.
by The Associated Press

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