Business and Economic News

Staggering: Record 10 million file for unemployment in 2 weeks
The staggering number of people claiming jobless benefits set a new record for the second week in a row. Much of the country has been ordered to stay at home, bringing the economy to a lurching halt.
Paid sick time advocates say pandemic proves point
Even with provisions in coronavirus emergency measures, advocates of paid sick time say the need exists for broader protections.
State housing help likely on the way as part of pandemic response
Many Minnesotans out of work because of COVID-19 are starting to face their first rent and mortgage payments since the state’s stay-at-home order went into effect. Some are finding relief. Many are wondering what help they may get.
Both federal and state leaders have promised relief for small businesses as the coronavirus crisis drags on, but in most cases, that aid has not yet arrived. Among the business owners now wondering how they’ll navigate the coming weeks is Nancy Ford. She owns Repair Lair, a small consignment and repair shop in Minneapolis specializing in outdoor gear and clothing.
How to make ends meet if you lose your job under COVID-19
With no end to the outbreak in sight, many Minnesotans are left trying to pay bills and living expenses with less income than usual — or none at all. However, there’s some help available now from the state.
Stuck at home? Many deciding it's a good time to spruce it up
As many of us are slowing down under Minnesota’s stay-at-home order, some businesses are speeding up — paint and hardware stores, for example. For some Minnesotans, staying home means a chance to tackle home improvement projects.
Justice Department looking into senator's stock sell-off
Senate Intelligence Committee Chairman Richard Burr sold off a large amount of stocks before the coronavirus market crash. The FBI will assess whether he was motivated by nonpublic information.
What you need to do to get your government stimulus check
The IRS and the Treasury Department say Americans will start receiving their economic impact checks in the next three weeks. Most people don't need to do anything to get the money. But some — such as senior citizens and low-income people who might not traditionally file tax returns — do need to take action.
Essential workers say employers not following work-from-home, safety precautions
During the first week of Gov. Tim Walz’s stay-at-home order, workers are questioning whether their jobs are truly essential and say they fear contracting the coronavirus at work. Others say their employers won’t allow them to work from home.