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Business and Economic News

Federal work shaped a Black middle class. Now it's destabilized by Trump's job cuts

Federal work shaped a Black middle class. Now it's destabilized by Trump's job cuts

For generations of Black workers, federal government jobs have provided a path into the middle class. The Trump administration's workforce cuts are now throwing that sense of stability up in the air.
by Marisa Peñaloza and Hansi Lo Wang

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Home sales just posted their biggest monthly fall since 2022

Home sales just posted their biggest monthly fall since 2022

More inventory hitting the market was expected to drive sales. Instead, existing home sales suggest a continued slump in the housing market, with mortgage rates hurting affordability.
by Laurel Wamsley

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St. Paul looks to address deteriorating downtown buildings

St. Paul looks to address deteriorating downtown buildings

St. Paul's Department of Safety and Inspections has created a task force to address several deteriorating buildings in the downtown area, its director said Wednesday during a City Council hearing.
by Regina Medina

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Creating work community with Alex West Steinman

Creating work community with Alex West Steinman

If you work for yourself or a small organization, how do you find office space, inspiration and community? MPR News host Angela Davis talks with Alex West Steinman, CEO of the coworking network, The Coven. 
by Angela Davis and Maja Beckstrom

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Pastor calls for ‘full Target boycott’ over concerns about diversity, equity, inclusion

Pastor calls for ‘full Target boycott’ over concerns about diversity, equity, inclusion

The pastor of a Georgia megachurch who led a nationwide 40-day “fast” against Target stores is now calling for a “full Target boycott.” The Rev. Jamal Bryant said this week that the Minneapolis-based retailer has not met all of the initiative’s demands.
by The Associated Press

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A dozen states sue the Trump administration to stop tariff policy

A dozen states sue the Trump administration to stop tariff policy

A dozen states have sued the Trump administration in the U.S. Court of International Trade to stop its tariff policy, challenging Trump’s claim that he could arbitrarily impose tariffs based on the International Emergency Economic Powers Act.
by The Associated Press

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Largest credit unions in Minnesota, Colorado announce plans to merge

Largest credit unions in Minnesota, Colorado announce plans to merge

Apple Valley-based Wings Credit Union is calling the deal with Colorado’s Ent Credit Union a “merger of equals.” If approved by members and regulators, the combined credit union will serve nearly a million members.
by MPR News Staff

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President Trump says he has ‘no intention’ to fire Federal Reserve’s Jerome Powell

President Trump says he has ‘no intention’ to fire Federal Reserve’s Jerome Powell

President Trump said Tuesday he had “no intention” of firing Federal Reserve Chair Jerome Powell, ending days of speculation about the independence of the central bank that had roiled the financial markets.
by Washington Desk / NPR staff

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