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Business and Economic News

New report says women will soon be majority of college-educated U.S. workers

New report says women will soon be majority of college-educated U.S. workers

This year women who graduated from college will likely make up a majority of adults with degrees in the U.S. labor force. The increase could signal greater earning potential for women in the future.
by Dani Matias

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1st-time homebuyers are getting squeezed out by investors

1st-time homebuyers are getting squeezed out by investors

The pool of smaller, affordable starter houses is low. And the market for these first-time home purchases is increasingly being driven by investors who help push prices out of reach.
by Amy Scott

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Ex-grain elevator manager sentenced to 8 years in prison for embezzlement

Ex-grain elevator manager sentenced to 8 years in prison for embezzlement

A federal judge on Friday sentenced a former grain elevator manager to eight years in prison for stealing millions of dollars from the business over the course of at least 15 years.
by Matt Sepic

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Workers press Minneapolis for wage theft protection

Workers press Minneapolis for wage theft protection

A coalition of workers' rights advocates gathered Friday at Minneapolis City Hall to support a so-called wage theft prevention ordinance that would target employers who underpay or refuse to pay workers what they've earned.
by Brandt Williams

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Section 8 demand in Twin Cities overwhelms available waitlist spots

Section 8 demand in Twin Cities overwhelms available waitlist spots

The Twin Cities housing authorities and the Metropolitan Council opened their waiting lists simultaneously for the first time this month. And they received more than 45,000 applications for just 7,500 spots on the voucher waiting lists.
by Martin Moylan

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Environmental group sues Trump administration over mining rules near Boundary Waters

Environmental group sues Trump administration over mining rules near Boundary Waters

An environmental group sued the Trump administration Thursday, seeking the release of documents related to a decision last year to end a study of a proposed 20-year mining ban within the watershed of the Boundary Waters Canoe Area Wilderness.
by Dan Kraker

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Unemployment steady in Minn. with a tight job market

Unemployment steady in Minn. with a tight job market

The state's seasonally adjusted unemployment rate held at 3.3 percent in May. Minnesota's tight labor market remains a challenge, one official said.
by John Nguyen

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Fed leaves interest rates unchanged for now

Fed leaves interest rates unchanged for now

The Federal Reserve left rates alone, despite pressure from President Trump to pump more money into the economy. But the central bank signaled a willingness to cut rates in the future if needed.
by Scott Horsley

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