Business and Economic News

Home sales are down. So why are prices at an all-time high?
Those with equity in a home can trade up more easily, while many first-time homebuyers are still stuck on the sidelines.
Trump administration approves sale of CBS parent company Paramount
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS’ news coverage.
Minneapolis kicks off Black Business Week
Minneapolis’ annual Black Business Week kicks off Thursday afternoon, with several workshops, markets and events showcasing Black-owned businesses.
Pura Scents recalling more than 850,000 diffusers as magnet issue may cause ingestion hazard
Pura Scents, sold at Target, Scheels and other stores nationwide, is recalling more than 850,000 diffusers because some magnets may detach and cause a possible ingestion hazard to children. The company is recalling about 851,400 Pura 4 Smart Home Fragrance Diffusers with detachable covers.