Business and Economic News

Rochester’s new bus line comes with pain — and promise — for local businesses
Rochester is a decade into the largest economic development project in state history. And a big part of the plan is a rapid bus line that stands to move more than 10,000 people around Rochester daily. For local businesses, it comes with some pain — and promise.
State student loan advocate seeing surge of borrowers seeking help
On Aug. 1, thousands of Minnesotans who are on the SAVE plan will see their balances go up, as interest gets reapplied. That’s just one of the numerous changes coming to federal student loan programs. Minnesota has a state student loan advocate who helps borrowers navigate the many changes on the horizon.
Trump announces 90-day extension of prior trade deal with Mexico
President Trump, who has insisted Aug. 1 is a firm deadline for countries around the world, said that "the complexities of a Deal with Mexico are somewhat different from other Nations."
Ranchers say expanding herds to take advantage of record retail beef prices isn’t so simple
South Dakota rancher Calli Williams wants to benefit from high beef prices, but it's not so simple. She and her husband have faced challenges like drought, limited grass for grazing, and rising land costs.
Minnesota craft beer brewers feeling federal pressures
Bob Galligan, director of government and industry relations with the Minnesota Craft Brewers Guild, joined MPR News host Cathy Wurzer on Morning Edition to share a better sense of what’s affecting these small businesses.
Minnesota Historical Society lays off 36 people
The historical society said 36 staff members — some full-time, others, part-time or seasonal — are losing their jobs. 
The U.S. economy rebounds in second quarter — but tariffs skew picture
The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at an annual rate of 3 percent in the second quarter of the year.