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Business and Economic News

Mall of America reopens with limited number of shoppers

Mall of America reopens with limited number of shoppers

The nation’s largest shopping mall reopens Wednesday after being closed for three months because of the COVID-19 pandemic. Officials say the vast shopping and entertainment complex is ready to start a new era of socially distant shopping.
by Matt Sepic

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Long Prairie beef processor among latest swept by COVID-19, despite significant prevention

Long Prairie beef processor among latest swept by COVID-19, despite significant prevention

The sharp rise in cases demonstrates how difficult it is to prevent the spread of a highly contagious disease amid the crowded quarters of a meatpacking plant — and in the wider community.
by Kirsti Marohn

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Restaurants, other businesses cautiously ready to let customers in

Restaurants, other businesses cautiously ready to let customers in

Restaurants and other businesses can open up to indoor service Wednesday for the first time since the coronavirus pandemic shut down much of the economy in March. Some say they’re keeping expectations modest, knowing many customers will be cautious about going out.
by Mark Zdechlik

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Much of stimulus aid sent to states hasn't gone where it's needed most

Much of stimulus aid sent to states hasn't gone where it's needed most

Much of the billions in federal aid that was sent to states to help with the pandemic's economic fallout didn't go where it was most needed, leaving some hard hit areas struggling with little support.
by Laura Sullivan

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It's official: Scorekeepers say U.S. economy is in a recession

It's official: Scorekeepers say U.S. economy is in a recession

The committee tasked with marking U.S. business cycles says the economy peaked in February, and has since been in a recession triggered by the pandemic. But it said the recession could be short-lived.
by Scott Horsley

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Northwest Angle first isolated by geography, now by COVID-19

Northwest Angle first isolated by geography, now by COVID-19

Minnesota’s resort industry is reopening, and hoping for a good season. But in the state’s most isolated community, where tourism is the only industry, resorts are still empty.  
by John Enger

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