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Business and Economic News

Trump demands official overseeing jobs data be fired after dismal employment report

Trump demands official overseeing jobs data be fired after dismal employment report

President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
by The Associated Press

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Rochester’s new bus line comes with pain — and promise — for local businesses

Rochester’s new bus line comes with pain — and promise — for local businesses

Rochester is a decade into the largest economic development project in state history. And a big part of the plan is a rapid bus line that stands to move more than 10,000 people around Rochester daily. For local businesses, it comes with some pain — and promise.
by Catharine Richert

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State student loan advocate seeing surge of borrowers seeking help

State student loan advocate seeing surge of borrowers seeking help

On Aug. 1, thousands of Minnesotans who are on the SAVE plan will see their balances go up, as interest gets reapplied. That’s just one of the numerous changes coming to federal student loan programs. Minnesota has a state student loan advocate who helps borrowers navigate the many changes on the horizon.
by Chris Farrell and Aleesa Kuznetsov

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Trump announces 90-day extension of prior trade deal with Mexico

Trump announces 90-day extension of prior trade deal with Mexico

President Trump, who has insisted Aug. 1 is a firm deadline for countries around the world, said that "the complexities of a Deal with Mexico are somewhat different from other Nations."
by Danielle Kurtzleben

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Ranchers say expanding herds to take advantage of record retail beef prices isn’t so simple

Ranchers say expanding herds to take advantage of record retail beef prices isn’t so simple

South Dakota rancher Calli Williams wants to benefit from high beef prices, but it's not so simple. She and her husband have faced challenges like drought, limited grass for grazing, and rising land costs.
by The Associated Press

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Minnesota craft beer brewers feeling federal pressures

Minnesota craft beer brewers feeling federal pressures

Bob Galligan, director of government and industry relations with the Minnesota Craft Brewers Guild, joined MPR News host Cathy Wurzer on Morning Edition to share a better sense of what’s affecting these small businesses.
by Cathy Wurzer and Gracie Stockton

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