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Business and Economic News

How immigrant entrepreneurs find success and challenges in Minnesota

How immigrant entrepreneurs find success and challenges in Minnesota

Immigrant-run businesses play a significant role in Minnesota’s economy. MPR News guest host Chris Farrell talks about how they’re confronting the challenges of tariffs, labor shortages and new immigration policies.
by Chris Farrell and Nikhil Kumaran

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The Fed faces economic uncertainty and political pressure as it decides whether to cut rates

The Fed faces economic uncertainty and political pressure as it decides whether to cut rates

Investors expect the Federal Reserve to reduce its benchmark interest rate by a quarter point, to about 4.1 percent. But it's not even clear which Fed officials will be making the decision. 
by The Associated Press

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Xcel’s proposed electricity rate hike set for public debate

Xcel’s proposed electricity rate hike set for public debate

Minnesota’s largest electric utility wants to increase its rates by about 13 percent over two years. State regulators will hear public input on the proposal at hearings starting Monday.
by Kirsti Marohn

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Boeing workers reject their latest contract offer, extending strike at three Midwest plants

Boeing workers reject their latest contract offer, extending strike at three Midwest plants

Another contract proposal has been rejected by Boeing workers who now have been on strike for nearly six weeks from three Midwest plants where military aircraft and weapons are developed.
by The Associated Press

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Inflation climbs in August as grocery and gas prices jump

Inflation climbs in August as grocery and gas prices jump

Inflation accelerated in August as Americans paid more for gasoline and groceries. Over the last 12 months, consumer prices have risen 2.9 percent.
by Scott Horsley

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NPR's next news chief built an international career at CNN

NPR's next news chief built an international career at CNN

NPR has promoted Thomas Evans, its editorial review chief, to lead the newsroom through a period of change, following Congress' decision to end federal funding of public media.
by David Folkenflik

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