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Business and Economic News

Signs of economic progress for black Minnesotans, but wide poverty gaps remain

Signs of economic progress for black Minnesotans, but wide poverty gaps remain

Median earnings rose at a double-digit rate last year and their poverty and unemployment rates seem to be on a long-term trend downward. But black Minnesotans continue to fare much worse economically than most other residents, especially whites.
by Martin Moylan

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Organic industry sues USDA to push for animal welfare rules

Organic industry sues USDA to push for animal welfare rules

New rules -- such as giving chickens more space to roam -- were approved by the Obama administration, but put on hold under Trump. Now the organic industry is suing the U.S. Department of Agriculture.
by Dan Charles

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Target recalls nearly 180,000 dressers that can tip over

Target recalls nearly 180,000 dressers that can tip over

Target said it has received 12 reports of its Room Essentials four-drawer dressers falling over or collapsing. Two 3-year-old children were struck by a dresser, but no injuries have been reported.
by The Associated Press

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Census Bureau: Median incomes rose and poverty levels fell in 2016

Census Bureau: Median incomes rose and poverty levels fell in 2016

The number of people covered by health insurance also ticked up. The bureau says the income growth is driven by more people finding jobs rather than increases in salaries.

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Tesla remotely expanded car batteries near Irma's path, and questions linger

Tesla remotely expanded car batteries near Irma's path, and questions linger

It's not the first time Tesla has made over-the-air changes to its cars. The boost gave customers' cars an extra 30 to 40 miles -- but the batteries will lose their extra juice this weekend.

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