Business and Economic News

After the Amazon deal: what will shopping at Whole Foods feel like?
Analysts say Amazon's acquisition of Whole Foods could hasten the growth of online grocery shopping. So, where does this leave brick-and-mortar stores? The store of the future may look very different.
Minnesota Power wants to increase rates by about 6 percent overall to pay for recent capital investments. But that increase wouldn't be evenly spread out among all customers.
Amazon is buying Whole Foods in $13.7B deal
Whole Foods, which was founded in Austin, Texas, back in 1980, now has 465 stores in North America and the U.K.
Higher prices squeezing both renters and would-be homeowners
A diminished supply of available homes is swelling prices in large U.S. metro areas from New York to Miami to Los Angeles, squeezing out would-be buyers and pushing up rents as more people are forced to remain tenants.
Trump orders more cash, industry input, for apprenticeships
Trump signed an executive order to roughly double to $200 million the taxpayer money spent on learn-and-earn programs under a grant system called ApprenticeshipUSA.
Minn. jobless rate improves to 3.7 percent in May; employers cut jobs
Minnesota's seasonally adjusted unemployment rate was the best since the end of the great recession, although May also saw 7,200 jobs eliminated, state officials said Thursday.
Summer vacation? Lots of Americans say they can't afford it
Forget frequent flier miles, last-minute getaways and even road trips. Nearly half of Americans say they won't be taking a vacation this summer, mostly because they can't afford it, according to a new poll.
Buying a home? Good luck with that
If you're looking to buy a house in the Twin Cities you're running into a lot of competition these days, especially if you're seeking an affordable starter home.