Business and Economic News

Minnesota Historical Society lays off 36 people
The historical society said 36 staff members — some full-time, others, part-time or seasonal — are losing their jobs. 
The U.S. economy rebounds in second quarter — but tariffs skew picture
The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at an annual rate of 3 percent in the second quarter of the year.
Are prices going up because of tariffs? Here’s what we know
Prices have risen a tad on some items especially affected by tariffs. But for the most part, companies are finding ways to delay price increases — for now.
Borrowing boom imperils retirement for millions
Older adults are carrying unprecedented levels of high-interest-rate debt, often without significant savings.
Canada-Minnesota border crossings are down this summer and local businesses are noticing
Data from the Department of Transportation shows a 16 percent decrease in June 2025 compared to June 2024 in the amount of vehicle passengers coming into Minnesota from Canada.
Re-examining Minnesota's headquarters economy
For decades, Minnesota has been a hub for Fortune 500 companies. University of Minnesota professor Myles Shaver is tracking how the landscape is changing for big business.