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Business and Economic News

Tech workers brace for Seattle's plan to 'tax the rich'

Tech workers brace for Seattle's plan to 'tax the rich'

Seattle is among a number of cities in which the tech boom is driving up the cost of living. Now tech workers are facing a new city income tax on the highest earners to help those who make less.
by Carolyn Adolph

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House budget blueprint boosts military, cuts benefits

House budget blueprint boosts military, cuts benefits

House Republicans on Tuesday unveiled a 10-year budget blueprint that would dramatically increase military spending while putting the GOP on record favoring Medicare cuts opposed by President Donald Trump.
by The Associated Press

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Aspen Ideas Festival: Stopping the violence in America's cities

Aspen Ideas Festival: Stopping the violence in America's cities

A discussion from the Aspen Ideas Festival about how to stop the violence in America's cities. A Chicago pastor, the Cook County Sheriff and a former high school principal turned philanthropist share their insights.
by MPR News Staff

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Rochester's affordable housing shortage threatens job growth

Rochester's affordable housing shortage threatens job growth

Rochester's ambitious plan to grow into a thriving metropolis is threatened if the city doesn't solve one of its biggest current problems -- a housing shortage.
by Catharine Richert

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Senator selling stock after AP ties company to Mexican labor

An Indiana senator and longtime critic of outsourcing jobs to foreign countries announced Friday that he's selling his stock in his brother's arts and crafts company after The Associated Press reported it manufactures some products in Mexico.
by The Associated Press

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Xcel Energy customers in Wisconsin to get small refund

The exact amount of the credit for residential customers has yet to be determined, but the Public Service Commission estimates it would work out to an average of about $11.
by The Associated Press

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Glory days over for Minnesota's historic music studios?

Glory days over for Minnesota's historic music studios?

Minnesota's long enjoyed a reputation as one of the best spots off the coasts to tap music production talent and technology. But that legacy industry is facing immense competitive pressure as the business changes.
by Martin Moylan

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From Target, some encouraging news

From Target, some encouraging news

Target expects a modest increase in sales at existing stores, reversing four consecutive quarters of declines for that measure.
by The Associated Press

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Trump denies disaster declaration for Dakota Access pipeline

Trump denies disaster declaration for Dakota Access pipeline

The Trump administration has denied a request from Republican North Dakota Gov. Doug Burgum for a "major disaster declaration" to help cover some of the estimated $38 million cost to police protests of the Dakota Access pipeline.
by The Associated Press

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