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Business and Economic News

Walz to travel to Japan, South Korea

Walz to travel to Japan, South Korea

Gov. Tim Walz will take his first international trip next month to promote trade.
by Tim Pugmire

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Tomato truce: U.S. and Mexico strike a deal on imports

Tomato truce: U.S. and Mexico strike a deal on imports

The U.S. agreed to lift tariffs on imported tomatoes from Mexico. But importers warn that stepped-up inspections could still create bottlenecks, limiting supplies and raising produce prices.
by Scott Horsley

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The federal budget deficit is getting bigger as spending grows

The federal budget deficit is getting bigger as spending grows

The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.
by Scott Horsley

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No misfires from Target in second quarter and profits soar

No misfires from Target in second quarter and profits soar

Target is reporting second quarter results that topped expectations on just about every level as the company pushes faster delivery and invests heavily in new private label brands.
by The Associated Press

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Employers struggle with hiring undocumented workers: 'You cannot hire American here'

Employers struggle with hiring undocumented workers: 'You cannot hire American here'

Unauthorized immigrants often do manual, low-paying jobs, and employers say they have no choice but to hire them. But the White House and advocates for lower immigration say the law is the law.
by John Burnett

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In hurricane's wake, Puerto Ricans find safe harbor in Minnesota

In hurricane's wake, Puerto Ricans find safe harbor in Minnesota

More than 300 families have migrated to Minnesota from Puerto Rico in the aftermath of a devastating 2017 hurricane. Many are rebuilding their lives here, though they face barriers. Some aren’t sure if they’ll stay.
by Jeyca Maldonado-Medina

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Twin Cities coworking spaces that cater to women offer safe place for work, community

Twin Cities coworking spaces that cater to women offer safe place for work, community

A business concept that came out of New York City in 2016 is quickly spreading across the country and into Minnesota: coworking spaces that cater specifically to women, nonbinary and trans folks. The attraction? Users cite a need for a safer space, a community that inspires and sparks creativity, and a network that boosts business.
by Angela Davis and Karen Zamora

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A fair challenge: Preventing spread of animal diseases

A fair challenge: Preventing spread of animal diseases

As farm animals from across Minnesota head to the State Fair, the Board of Animal Health is asking everyone to help limit the spread of disease.
by John Enger

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