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Business and Economic News

The U.S. natural gas boom is fueling a global plastics boom

The U.S. natural gas boom is fueling a global plastics boom

America is now the world's biggest exporter of ethane, a part of natural gas that's a building block for making plastics. That's helping fuel the fast-growing global plastics industry.
by Reid Frazier

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A bitter harvest for sugar beet farmers

A bitter harvest for sugar beet farmers

It’s been a tough harvest for every crop grown in the region. Farmers fought through mud to harvest crops during a wet fall, and this year’s sugar beet losses come on top of several years of low crop prices and an ongoing trade war with China.
by Dan Gunderson

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MN jobless rate steady at 3.2 percent in October

MN jobless rate steady at 3.2 percent in October

The state’s seasonally adjusted unemployment rate was better than the national average. One-year job growth, however, was significantly slower in Minnesota than the U.S., according to data released Thursday.
by MPR News Staff

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Recycling leaders look to expand glass markets in Minnesota

Recycling leaders look to expand glass markets in Minnesota

Minnesota already does better than the national average when it comes to recycling glass, but experts say there are opportunities to collect more of it to be made into things like glass containers and insulation.
by Elizabeth Dunbar

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U.S. budget deficit surges to $134.5 billion in October

U.S. budget deficit surges to $134.5 billion in October

The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8 percent bigger than a year ago as spending hit a record.
by The Associated Press

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Tribe to argue against expansion of Dakota Access pipeline

Tribe to argue against expansion of Dakota Access pipeline

Standing Rock Sioux Tribe members have long maintained that a leak in the Dakota Access oil pipeline would threaten their Missouri River water supply, and on Wednesday they will argue that a new proposal to double the line's capacity magnifies the probability of a disastrous oil spill.
by The Associated Press

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