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Business and Economic News

U.S. economy loses steam, adding only 20,000 jobs last month

U.S. economy loses steam, adding only 20,000 jobs last month

The economy added far fewer jobs than expected last month, a slowdown from much stronger gains in December and January. But the jobless rate fell to 3.8 percent and earnings growth picked up steam.
by Avie Schneider

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Amazon's latest retail shift means closing 87 pop-up kiosks

Amazon's latest retail shift means closing 87 pop-up kiosks

The giant online retailer is closing all of its U.S. pop-up kiosks, which let customers try and buy gadgets such as smart speakers and tablets. It's the latest change in Amazon's retail strategy.
by Avie Schneider

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Minnesota pedestrian deaths up in 2019, but it's not clear why

Minnesota pedestrian deaths up in 2019, but it's not clear why

Pedestrian deaths in Minnesota stayed steady the past few years even as national rates rose. But the first few months of 2019 have proved to be dangerous here. State officials are working to understand what's happening.
by Matt Mikus

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MN 2018 job gains far below estimate; Jan. jobless rate at 3 percent

MN 2018 job gains far below estimate; Jan. jobless rate at 3 percent

Minnesota's job growth for 2018 came in about two-thirds below the 31,000 job gains originally estimated, and growth continues to slow as the labor market tightens, state officials said Thursday.
by MPR News Staff

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Bill raising federal minimum wage to $15 heads to U.S. House floor

Bill raising federal minimum wage to $15 heads to U.S. House floor

It's the Democrats' latest attempt to raise the federal minimum wage to $15 from $7.25 by 2024. Amazon and several presidential candidates support the bill, though it faces high hurdles in the Senate.
by Alina Selyukh

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Court slams UnitedHealth for restricting access to mental health care to save money

Court slams UnitedHealth for restricting access to mental health care to save money

A federal judge in Northern California handed Minnetonka-based UnitedHealth Group a major defeat in a lawsuit over access to mental health care. The count found the pressure to reduce costs infected company policies governing mental health coverage.
by Alisa Roth

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'Jeopardy!' host Alex Trebek says he has pancreatic cancer

'Jeopardy!' host Alex Trebek says he has pancreatic cancer

"Jeopardy!" host Alex Trebek said he has been diagnosed with advanced pancreatic cancer but intends to fight the disease and keep on working.
by Associated Press

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Despite Trump's promises, the trade deficit is only getting wider

Despite Trump's promises, the trade deficit is only getting wider

President Trump has pushed tariffs to cut the trade gap. But the United States bought more from other countries than it sold to them last year, pushing the deficit to a level not seen since 2008.
by Jim Zarroli

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