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Business and Economic News

Lambs, family and garlic help this couple build a new life in rural Minnesota

Lambs, family and garlic help this couple build a new life in rural Minnesota

Mark Anema and Kate Ritger met at a garlic harvest party, started a farm, got married and had a kid. For Anema, it meant a huge change from a life in finance to farming. It isn’t easier or more profitable, but he says changing his life has changed him for the better.
by Dan Gunderson

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Minnesota farmers face challenges as farm incomes continue to decline

Minnesota farmers face challenges as farm incomes continue to decline

The median net farm income for Minnesota farms statewide dropped to $21,964 in 2024, marking the lowest level this century. Crop producers had some of the worst financial difficulties, with net farm incomes for crop farmers at almost zero dollars.
by Hannah Yang

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A retrial of Sarah Palin's case against 'New York Times' begins Monday

A retrial of Sarah Palin's case against 'New York Times' begins Monday

Former Alaska Gov. Sarah Palin has the rare opportunity to retry her defamation case against The New York Times even though she lost it — twice in a 24-hour-period — in early 2022.
by David Folkenflik

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Trump administration says it will exclude some electronics from 'reciprocal' tariffs

Trump administration says it will exclude some electronics from 'reciprocal' tariffs

The Trump administration says it will exclude electronics like smartphones and laptops from ‘reciprocal’ tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S.
by The Associated Press

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China put steep tariffs on U.S. exports. Farmers are worried

China put steep tariffs on U.S. exports. Farmers are worried

The first Trump administration spent $28 billion bailing out farmers during a trade war with China. The White House has said it's starting to look at how to help this time around.
by Danielle Kurtzleben

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Federal jobs watch: Just-released February jobs report shows few losses in Minnesota

Federal jobs watch: Just-released February jobs report shows few losses in Minnesota

The federal workforce includes nearly 34,000 jobs in Minnesota. Over 20,000 are located in the Twin Cities metropolitan area. The Bureau of Labor Statistics’ month jobs report shows a loss of 100 federal jobs through Minnesota from January to February. Surprisingly, the report showed a gain of 100 federal jobs in the Minneapolis and St. Paul metro.
by Elisabeth Gawthrop and Craig Helmstetter

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