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Business and Economic News

COVID-19: Hard questions, real answers on credit cards, unemployment and your finances

COVID-19: Hard questions, real answers on credit cards, unemployment and your finances

COVID-19 has introduced new financial challenges and exacerbated others for millions of Americans. During a recent national call-in special, two personal finance experts gave advice on everything from mortgage payments to unemployment to stimulus checks.
by Kerri Miller, MPR News Staff and Breann Schossow

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As unity wanes, Minnesota lawmakers advance new COVID-19 bill

As unity wanes, Minnesota lawmakers advance new COVID-19 bill

The Minnesota Legislature muscled through additional bills to respond to COVID-19, but the harmony seen earlier in the state’s fight with the coronavirus pandemic has eroded.
by Brian Bakst

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How are Minnesota’s growers and grocers keeping food safe and in supply

How are Minnesota’s growers and grocers keeping food safe and in supply

Empty shelves in grocery stores are adding to the anxiety about food scarcity. But grocers and growers are telling Minnesotans that America is not running out of food. On Wednesday at 11 a.m., we check in with those keeping our food safe and in good supply.
by Angela Davis and Karen Zamora

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IMF warns of steepest recession since the Great Depression

IMF warns of steepest recession since the Great Depression

The fallout from the coronavirus will be much worse than that of the financial crisis, the IMF says. The global economy is expected to shrink by 3 percent this year; the U.S. GDP could fall twice as much.
by Scott Horsley

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Who will advise Trump on reopening the U.S.? White House to set new pandemic council

Who will advise Trump on reopening the U.S.? White House to set new pandemic council

President Trump said he would announce on Tuesday who would help him decided when to ease up on social distancing guidelines meant to mitigate the public health impact of coronavirus. Watch Tuesday’s White House coronavirus task force briefing live around 4 p.m.
by Philip Ewing

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Monday Economic Report: Is a depression looming?

On this edition of the Monday Economic Report, MPR senior economics contributor Chris Farrell talks about the difficulty in filing for unemployment, small businesses and the pandemic’s impact on real estate.
by Chris Farrell, Angela Davis and Karen Zamora

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