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Business and Economic News

Local TSA union rep details the shutdown's effects on federal workers in Minnesota

As the partial government shutdown stretches into the 20th day, many federal employees are feeling the effects — including TSA officers at US airports, who are working without pay. Friday will mark the first paycheck they will miss since the shutdown began.
by Cathy Wurzer

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U.S.-China trade talks wrap up after extending to third day

U.S.-China trade talks wrap up after extending to third day

Successful talks could mean relaxed economic tensions and reduced tariffs between the two countries. Trump has threatened to restart the trade war if no deal is reached by March 2.

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A warning about U.S. credit rating could signal higher interest rates

A warning about U.S. credit rating could signal higher interest rates

A major credit rating agency is warning that a prolonged government shutdown could mean that it will reconsider the nation's AAA rating. That could lead to higher borrowing costs.
by Avie Schneider

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Nobody is moving our cheese: American surplus reaches record high

Nobody is moving our cheese: American surplus reaches record high

Americans consumed almost 37 pounds per capita in 2017, but that wasn't enough to reduce the country's 1.4 billion-pound cheese surplus. The stockpile of cheese started to build several years ago.
by Samantha Raphelson

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USDA: Food stamps will be funded through February

USDA: Food stamps will be funded through February

The USDA said it can fund SNAP through February thanks to the short-term funding bill that ran out on Dec. 22.
by Associated Press

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Sun Country rolls out new Twin Cities service, major route expansion

Sun Country rolls out new Twin Cities service, major route expansion

New routes from the Twin Cities include four East Coast cities as well as Chicago, Sacramento, Calif., St. Louis and San Antonio, the carrier said Tuesday. One-way fares to Chicago O'Hare will start at $49.
by Mark Zdechlik

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'He loved the Iron Range': Rukavina remembered as the last of a political era

'He loved the Iron Range': Rukavina remembered as the last of a political era

The populist DFLer from Virginia, Minn., was remembered for always standing up for working people. He was a throwback politician, someone who made genuine friendships with the Republicans across the aisle.
by Dan Kraker

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