Business and Economic News

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.
Hennepin Co. extends hours as more Minnesotans prepay property taxes
Hennepin County reported an increased interest in prepayment of taxes following President Trump's signing of the new federal tax law — a move that has potential impacts on property taxes.
Inside the whiskey revolution in northern Minnesota
One craft distiller in Hallock, Minn., got a state grant to study how different rye varieties affect taste in whiskey. The results, he says, show promise for the state's booze industry.
Ground Level: What's 1 thing you want changed in Minnesota in 2018?
Governmental policies, health care, education and roads, roads, roads! These are just a few things Minnesotans said they'd like to see improve in the state according to a recent Ground Level survey.
Joshua Johnson on journalism in tumultuous times
As part of Minnesota Public Radio's Broadcast Journalist Series, Tom Weber spoke with 1A host Joshua Johnson.
GOP's tax overhaul has some rushing to pay taxes early
Hennepin County took in over $4 million in early tax payments Thursday. County auditor and treasurer Mark Chapin says he's never seen such enthusiastic, happy taxpayers.
Feds reverse course, keep Minnesota copper mine plan alive
Last December, the Obama administration refused to renew mineral leases that Twin Metals Minnesota says it needs to build a huge underground copper-nickel mine near Ely and the Boundary Waters. On Friday, the Trump administration reversed the decision.