Business and Economic News

More space, please: Home sales booming despite pandemic, recession
Despite high unemployment, a severe recession and economic uncertainty, the housing market is on a tear. Sales are booming and prices hit a record high. Low rates and remote work are driving factors.
When a graphic video can quell unrest but still do harm
As tensions boiled over in Minneapolis, city leaders and journalists wrestled with whether to post graphic footage of a man killing himself. Newsrooms are trained to use extreme caution when reporting on suicide and to refrain from reporting on the details. But this case tested those principles.
Supporters worry mining company’s bankruptcy filing could leave fate of prairie undecided
When one of the country’s largest silica mining companies filed for bankruptcy protection earlier this summer, it left the future of a southern Minnesota prairie in limbo. Now, as the case winds its way through bankruptcy court, local environmental activists are worried about who will be responsible for the 240 acres of restored prairie land that the company had promised to maintain.
Summer brings challenges, surprises for small Minnesota resorts
The summer vacation season is winding down — and it's been a challenging year for resorts in Minnesota. But some fared better than expected.
Can a ‘pandemic pod’ stem the widening education gap? One neighborhood group wants to try
As many schools go virtual, families have been organizing spaces and interviewing private tutors who would run smaller makeshift classrooms at home or other sites away from crowded school buildings. But in light of concerns about widening inequities, one Minneapolis neighborhood is using the pod model to help students who would fall behind without additional support.
Lake Street business owners say post-unrest return may take years, if it happens at all
Minneapolis city leaders estimate it could take as long as 10 years to rebuild popular business corridors damaged earlier this summer. In the meantime, some displaced business owners worry they may never return to Lake Street.
Best Buy's 2Q online sales surge but challenges remain
Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, as shoppers bought computers, tablets and large appliances to help them cook, work and learn from home during the pandemic.
'Make Farmers Black Again': African Americans fight discrimination to own farmland
There is a growing movement of young farmers led by people of color in the Northeast but barriers to accessing funding and land remain. The family behind Triple J Farm in Windsor, N.Y., knows this.
'Will I have a place to live?' Scrambling to survive after $600 benefits end
Millions of people who've lost all or some of their income are having to make hard choices — from moving across the country for cheaper rent to raiding retirement savings.
How Minnesota's evictions ban is playing out
With money tighter amid the pandemic, what rights and protections do tenants have? What rights do property owners have? Two experts in the housing industry joined the program to talk about the pandemic’s impact on tenants and landlords.