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Business and Economic News

As Trump’s tariffs take shape, is America really winning?

As Trump’s tariffs take shape, is America really winning?

The president says his tariffs will spur America into a “golden age,” but that remains far from certain. Here are 5 things to know about how his trade policies could impact the U.S. and the global economy.
by Rafael Nam

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Farmfest Forums to highlight AI in agriculture, trade policy

Farmfest Forums to highlight AI in agriculture, trade policy

Farmfest is a three-day event from Aug. 5-7 in Morgan, Minn., on County Highway 13 in Redwood County at the Gilfillan Estate. Using artificial intelligence in agriculture will be one of the topics.
by Hannah Yang

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How abnormal are the revisions in this month’s jobs report?

How abnormal are the revisions in this month’s jobs report?

A look at revisions to the Bureau of Labor Statistics’ monthly jobs report data in light of President Donald Trump’s firing the head of the Bureau of Labor Statistics. It turns out that the revisions issued this month, while large, are not at all unprecedented.
by Craig Helmstetter

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Trump demands official overseeing jobs data be fired after dismal employment report

Trump demands official overseeing jobs data be fired after dismal employment report

President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
by The Associated Press

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Rochester’s new bus line comes with pain — and promise — for local businesses

Rochester’s new bus line comes with pain — and promise — for local businesses

Rochester is a decade into the largest economic development project in state history. And a big part of the plan is a rapid bus line that stands to move more than 10,000 people around Rochester daily. For local businesses, it comes with some pain — and promise.
by Catharine Richert

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State student loan advocate seeing surge of borrowers seeking help

State student loan advocate seeing surge of borrowers seeking help

On Aug. 1, thousands of Minnesotans who are on the SAVE plan will see their balances go up, as interest gets reapplied. That’s just one of the numerous changes coming to federal student loan programs. Minnesota has a state student loan advocate who helps borrowers navigate the many changes on the horizon.
by Chris Farrell and Aleesa Kuznetsov

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