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Business and Economic News

Minnesota Chamber no longer suing Minneapolis over minimum wage

Minnesota Chamber no longer suing Minneapolis over minimum wage

The Minnesota Chamber of Commerce and two other groups have pulled out of a lawsuit against Minneapolis' wage hike. Minneapolis-based Graco, Inc. which makes pumps and spray equipment, is still moving forward with the suit.
by Peter Cox

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Trump says Amazon should be charged 'much more' by postal service

Trump says Amazon should be charged 'much more' by postal service

Amazon has been a consistent recipient of Trump's ire. He has accused the company of failing to pay "internet taxes," though it's never been made clear by the White House what the president means by that.
by The Associated Press

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Last day of operations for Quad Graphics' Waseca plant

A printing plant that has been the largest employer in the city of Waseca has reached its final day of operations.
by The Associated Press

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What to buy every month of the year in 2018

What to buy every month of the year in 2018

In 2018, you may resolve to save more, spend less or budget better. Whatever your money goal, the one common key to your success is shopping smart. That means knowing the best time to buy just about anything.
by The Associated Press

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On New Year's Day, many low-wage workers will celebrate with a raise

On New Year's Day, many low-wage workers will celebrate with a raise

The federal minimum wage is stuck at $7.25 per hour. But many states have pushed wage floors higher over the years. Now, 18 states and 20 localities will raise their minimum wage on Jan. 1.

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Will prepaying your property taxes really maximize deductions?

Will prepaying your property taxes really maximize deductions?

The Internal Revenue Service's advice on prepaying next year's property taxes has been cryptic and confusing. And the Minnesota Department of Revenue suggests taxpayers consult tax professionals.
by Martin Moylan

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Trump administration rescinding rules for oil, gas drilling

Trump administration rescinding rules for oil, gas drilling

The rules would have required companies to disclose chemicals used in fracking, the process of pumping pressurized water underground to break open hydrocarbon deposits.
by The Associated Press

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Judge rejects archdiocese bankruptcy plans, orders return to mediation

A federal judge has rejected competing reorganization plans for the the bankrupt Archdiocese of St. Paul and Minneapolis and ordered the church and its creditors back into mediation.
by Martin Moylan

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Rising energy costs eyed amid brutal cold snap gripping U.S.

Rising energy costs eyed amid brutal cold snap gripping U.S.

Plunging temperatures across half the country underscores a stark reality for low-income Americans who rely on heating aid: Their dollars aren't going to go as far this winter because of rising energy costs.
by The Associated Press

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