Business and Economic News

June 24, 2019 10:10 AM

Twin Cities outperforms peer regions on some key benchmarks; lags in others

The Twin Cities is doing better than several other major metro areas on key measures such as crime and housing affordability. But it's at the bottom of the pack in business formation and racial inclusiveness.

by Martin Moylan

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June 24, 2019 12:00 AM

What does the future of retail hold?

Big box stores like Sears and Kmart are closing in Minnesota and around the country, while others like Target and Walmart are still holding steady. What does it take for a retailer to survive in the age of the internet?

by Jeyca Maldonado-Medina and Angela Davis

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June 21, 2019 6:09 PM

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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June 21, 2019 5:26 PM

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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June 21, 2019 4:12 PM

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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June 21, 2019 1:03 PM

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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June 20, 2019 6:05 PM

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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June 20, 2019 2:03 PM

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