Business and Economic News

June 5, 2020 7:45 AM

U.S. unemployment drops unexpectedly to 13.3% amid outbreak

U.S. employers unexpectedly added jobs last month as the unemployment rate declined, signs that people are returning to work as states reopen their economies. President Trump celebrated the news.

by The Associated Press

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June 5, 2020 4:00 AM

Pressure eases on farmers to destroy hogs as meatpacking operations restart

When COVID-19 infections forced pork companies to close processing plants, some farmers predicted that it would force them to euthanize millions of hogs. The actual number has been much lower.

by Dan Charles

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June 5, 2020 4:00 AM

Artist’s dilemma: Wait for things to reopen, or change careers?

The economic disruption caused by the COVID-19 pandemic has artists struggling to make their way forward.

by Marianne Combs

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June 4, 2020 5:08 PM

J.C. Penney plans to close 4 stores in Minnesota, more than 150 nationwide

J.C. Penney says four stores in Minnesota are among more than 150 nationwide it plans to close as it goes through bankruptcy.

by MPR News Staff

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June 4, 2020 10:26 AM

La Raza Radio relaunches days after burning down during George Floyd protests

Outlets like La Raza radio are a key source of information for Latinos in the Twin Cities

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June 4, 2020 7:47 AM

New unemployment claims dip below 2 million in sign job losses may be easing

The Labor Department says about 1.9 million people filed for unemployment last week, but there are some signs that people may be returning to their jobs.

by Scott Horsley

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June 4, 2020 6:25 AM

'I didn't deserve it': Pandemic shut down his barbershop, then a fire destroyed it

Trevon Ellis spent years building up his Minneapolis barbershop, luring customers with smart haircuts, snacks and friendly conversation. It took just one terrible night to destroy it all.

by Jim Zarroli

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June 3, 2020 2:24 PM

Publishers sue Internet Archive for 'mass copyright infringement'

The lawsuit filed this week in federal court alleges that the organization, which lends books online for free, amounts to a "piracy site" that has been eluding copyright law for years.

by Colin Dwyer

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June 3, 2020 4:00 AM

Millions of Americans skipping payments as tidal wave of defaults, evictions looms

Hardship programs appear to be helping many people pause payments and survive the economic shutdown so far. But not everybody is getting the help and advocates see big potential trouble ahead.

by Chris Arnold