Business and Economic News

Tribal and Native urban communities prepare to lose SNAP benefits
Tribal nations and urban Native American communities in Minnesota are preparing to help support fellow community members who may see their SNAP benefits held up as the federal government shutdown continues.
Krispy Kreme to reopen in Minnesota on Nov. 12
For the first time since 2008, Minnesotans can find fresh Krispy Kreme donuts in the state.
Speaking in Minnesota, former EPA leader says clashes between farm groups and environmentalists are unnecessary
Michael Regan was the EPA administrator under President Biden, who signed legislation encouraging private and public investment in clean energy.
Economist: Target layoffs are 'reflection of how consumers feel about the economy'
According to WARN notices provided to the state of Minnesota, the layoffs include at least 500 employees at its downtown headquarters and 287 employees at its Brooklyn Park offices.
UnitedHealth tops 3Q forecasts as it resets coverage prices to deal with rising costs
UnitedHealth has returned to better-than-expected growth after starting the year swamped by medical costs and withdrawing its forecast for 2025. Leaders of the health care giant say care use is now climbing at rates they expected, and the company envisions annual growth next year that accelerates in 2027.
Amazon lays off thousands of corporate workers as it spends big on AI
Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will cut 14,000 jobs, citing a goal of "reducing bureaucracy, removing layers."
Target cutting 800 jobs across Minneapolis and Brooklyn Park, raising concerns about broader economic slowdown
Target is undergoing a corporate restructuring that includes layoffs concentrated in its downtown Minneapolis headquarters where it employs some 7,000 people. 
Brazilian farmers beef up soybean production as China halts business with U.S. during trade fight
Brazilian farmers are increasing soybean production as the U.S. and China engage in a trade fight. The conflict has shut American soybeans out of the Chinese market, leading China to seek more Brazilian supply. China’s customs body reported no U.S. soybean imports in September, a first since November 2018. 
The power of good credit: Understanding and improving your credit score
What’s your credit score? And why does it matter? MPR News guest host Catharine Richert talks with a financial coach about how your credit can open doors — or quietly cost you thousands — and what habits can build better credit.