Business and Economic News

Essar files for bankruptcy after Dayton ends its bid to build Iron Range mine, plant
It's a shocking fall for a company that fewer than 10 years ago promised to build not only the state's first new taconite mine and pellet plant in decades, but also Minnesota's first ever steel mill built at the mouth of a mine.
A brief history of America's middle class
What does it mean to be middle class in the U.S.? Over the past century, the idea of the "middle class" has gone through a number of drastic transformations.