Property taxes are on the rise as commercial values decline in downtown areas, shifting the financial burden to homeowners. Steve Brandt, president of the Minneapolis Board of Estimation and Taxation, said increases property taxes every year is not sustainable and offered alternatives.
The Powerball jackpot is growing to an estimated $1.25 billion for Wednesday night’s drawing after lottery officials said no ticket matched all six numbers drawn Monday night.
The project just north of Rochester has drawn community and legal scrutiny. A recent court filing from an environmental group seeks to delay the proposal.
Payments are expected to reach farmers by February of next year. Details on how payouts will be calculated are set to be announced by the end of December.
The Fed reappointed Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, and other regional presidents, easing fears the Trump administration would reshape monetary policy.
As Democrats campaigning on affordability pick up wins, Trump’s messaging about a strong economy is at odds with widespread voter sentiment that he’s not doing enough to tackle rising costs.
Ed Usset, grain marketing specialist at the Center for Farm Financial Management and U of M Extension professor, joined Cathy Wurzer on Morning Edition Wednesday to share how tariffs have affected farm country.
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.
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