Business and Economic News

Scrambling to prepay 2018 property taxes? Maybe you shouldn't
The tax overhaul limits the amount of state and local taxes deductible on federal returns. The IRS says taxes can be prepaid and deducted if they are levied in 2017 and paid by Dec. 31.
Aspen Ideas Festival: Opportunity and social mobility in America
Former NPR host Michele Norris moderated a discussion about race, inequality and the future of democracy at this summer's Aspen Ideas Festival. Is opportunity and social mobility still possible in America?
In a series of conversations, MPR News host Tom Weber talks to several Minnesota business leaders who have stepped down from their roles, or announced plans to do so, in 2017.
Thousands of Puerto Rico police owed overtime call in sick
The increase in absences recently prompted Puerto Rico Police Chief Michelle Hernandez to recommend that U.S. National Guard soldiers help fill the temporary vacancies.
Ruling pushes decision on Line 3 pipeline into summer
State regulators had planned to make a final decision on Enbridge Energy's proposed oil pipeline project by April 2018. A judge's new ruling could push that decision to June 2018, if not later.
It has been decades since the last major tax overhaul. What will the recently passed bill mean for your family and your business?
The tax law's new way of measuring inflation could take a toll on taxpayers
The tax overhaul uses an alternative measure of inflation that will show less upward pressure on prices. That means tax brackets will adjust upward less often, making many people pay more.
Between Nov. 1 and Christmas Eve, sales in the U.S. climbed 4.9 percent compared to the same time last year, according to new data from Mastercard which includes spending both in stores and online.