Business and Economic News

Wall Street's big money is betting on Biden and Democrats in 2020
Despite the booming stock market under President Donald Trump, the finance sector is giving a bit more money to Democrats than to Republicans for the first time in more than a decade.
Pandemic electric bills are searing hot, as families stay home
With lights out in many offices and millions of people plugging in at home, residential power bills are soaring, even as overall electricity consumption slumps during the recession.
APM Marketplace special: Reset the economy to end systemic racism
Reset the economy to end systemic racism: Kai Ryssdal speaks with experts about what it will take to begin to end the systemic racism that has defined our society and our economy for the last 400 years.
Iowa 'hurting' after storm, seeks nearly $4B in disaster aid
Iowa homes, cornfields, utility companies and government agencies have losses estimated at nearly $4 billion from last week's derecho, Gov. Kim Reynolds said Sunday.
Pelosi to call House back into session to vote on USPS bill
Speaker Nancy Pelosi said Sunday she is calling the House back into session over the crisis at the U.S. Postal Service, setting up a political showdown amid growing concerns that the Trump White House is trying to undermine the agency ahead of the election.
Biden faces a convention test, to offer a vision beyond beating Trump
Presidential elections are won by the candidate who presents the most compelling vision for the future, and the upcoming Democratic convention is an opportunity for Biden to convince voters not just that President Trump has failed today, but that Democrats will make Americans' lives safer and more prosperous tomorrow.
Minneapolis mayor calls for unity, outlines broad plan for city budget
In order to make up lost revenue, Mayor Jacob Frey said he’s proposing a 5.75 percent property tax levy. Frey said he wants to avoid staff cuts as much as possible. His staff is working on volunteer early retirement incentives to encourage more senior staff to step down.
Eagle attacks woman along North Shore, bystander comes to the rescue
Cascade Lodge and Restaurant head kitchen manager Bernie Banks happened to be outside when he saw the eagle attacking the woman.
The University of Wisconsin-Madison has received less than 1 percent of the money that Taiwan-based Foxconn Technology Group pledged to it two years ago amid the electronics giant's expansion plans in Wisconsin.