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Business and Economic News

Morning show host Brian Oake departs The Current

Morning show host Brian Oake departs The Current

A Minnesota Public Radio spokesperson did not give a reason for Oake’s departure, nor say whether he left voluntarily or was fired.
by Cody Nelson and Nina Moini

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Inside Sahan Journal with Mukhtar Ibrahim

Inside Sahan Journal with Mukhtar Ibrahim

According to its founder, Mukhtar Ibrahim, Sahan Journal is the only nonprofit organization dedicated to providing authentic news reporting for and about immigrants and refugees in Minnesota.
by Angela Davis and Karen Zamora

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As Minneapolis mayor proposes budget, protesters demonstrate against police

As Minneapolis mayor proposes budget, protesters demonstrate against police

Protesters disrupted Minneapolis Mayor Jacob Frey’s budget proposal speech several times, with one protester saying they wanted money for victims of police brutality and other crimes.
by Alisa Roth

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Carter proposes levy increase, cuts to close St. Paul's budget gap

Carter proposes levy increase, cuts to close St. Paul's budget gap

The brand new Frogtown Community Center gymnasium provided the backdrop for Mayor Melvin Carter’s 2020 budget address. The mayor said he has a plan to close the budget gap — largely caused by salary growth for city workers and public safety staff.
by Nina Moini

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Minneapolis Fed president talks potential recession

Neel Kashkari joined the program and discussed what’s going on in the economy regionally and nationally.

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Minnesota's jobless rate inches up

Minnesota's jobless rate inches up

State economic officials say the July unemployment rate edged up to 3.4 percent. However, the rate for labor participation remained steady, suggesting that businesses are still on the lookout for employees.
by Mike Moen

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Stock markets take a breather after steep drop

Stock markets take a breather after steep drop

Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.
by Scott Horsley

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Hy-Vee warns of security problem with credit card readers

Hy-Vee warns of security problem with credit card readers

Hy-Vee said in a news release Wednesday that it launched an investigation after it detected unauthorized activity on some of its payment processing systems — activity that the company thinks has stopped.
by The Associated Press

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Swine fever is killing vast numbers of pigs in China

Swine fever is killing vast numbers of pigs in China

The number of pigs in China is falling rapidly due to an epidemic of African swine fever. It's affecting farmers and consumers across the world, because China produces half of the world's pork.

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DNR staff: Agency leaders disregarding wildlife concerns in timber harvest plan

DNR staff: Agency leaders disregarding wildlife concerns in timber harvest plan

Wildlife managers from across Minnesota say DNR leadership is mismanaging the upcoming timber harvest in a way that risks altering state forest lands for the animals that depend on them.
by Cody Nelson

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