Business and Economic News

New 'basic economy' airfares may not be as cheap as you think
All three of the biggest U.S. airlines now offer no-frills, discounted fares called "basic economy." Now there's evidence that it's not any cheaper, but is a way to raise standard economy fares.
Duluth hopes broken blue bridge will soon rise to the occasion
The drawbridge that's connected Duluth's convention center and the Canal Park entertainment district for 26 years fails regularly, frustrating pedestrians and politicians. But a fix is near.
A final goodbye to Macy's in downtown Minneapolis
The downtown store closes its doors for good Sunday night. The company announced in January it would close its iconic Nicollet Mall location-- once a flagship Dayton's department store.
Midwest Co-Pack is hoping to use the former Ferrara Candy Company space to make gummi vitamins for dogs, among other products.
CaringBridge CEO on keeping the customer first
MPR economics commentator Chris Farrell speaks with Liwanag Ojala. She's the CEO of CaringBridge, which offers free personalized websites for the family and friends of people facing health challenges.
Pro-mining and pro-wilderness forces prepare for Duluth meeting
A large crowd is expected at a public meeting to gather input on a federal proposal to ban potential copper, nickel and precious metal mining in the Superior National Forest near the Boundary Waters.
Trump announces challenge to Obama-era fuel standards
Trump's announcement, while having no immediate effect, is expected to set the stage for weaker fuel efficiency standards as well as drawn-out legal battles with environmental groups.
Fed hikes key rate for second time in 3 months
The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual.