Business and Economic News

A budget deficit challenge for Trump's tax plan
President Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent. But how can he deliver the "massive" tax cut he promised without also blowing a massive hole in the budget?
Iowa farmers won water pollution court fight; water still polluted
The Des Moines Water Works went to court to force farmers to pay the costs of cleaning the city's drinking water. A federal judge recently tossed the case but left a vital question unanswered.
Roots of tension: race, hair, competition and black beauty stores
A Minnesota entrepreneur discovers that opening a beauty supply business means navigating a multibillion-dollar industry for black hair products that's run largely from Asia and doesn't cede power without a fight.
From granite to germs, St. Cloud economy grows more diverse
Today, St. Cloud's economy is booming. The average annual unemployment rate last year was 3.8 percent, down from a peak of nearly 8 percent in 2009 during the recession.
Buffalo Wild Wing's management Monday returned fire at a hedge fund that sought to oust long time CEO Sally Smith.
Farmers fear losing immigrant workers under Trump crackdown
Fruit and vegetable growers, dairy and cattle farmers and owners of plant nurseries and vineyards have begun lobbying politicians to get them to deal with immigration in a way that minimizes the harm to their livelihoods.
Farmers market season returns
The Minneapolis Farmers Market on Lyndale Avenue got started last week, and the market in downtown St. Paul kicks off next week.
Mpls. Fed president says don't pay so much attention to rates
In an appearance at Hamline University on Friday, Minneapolis Federal Reserve Bank president Neel Kashkari said that innovation, education, and Congressional actions on tax, spending and other fiscal matters are more important.