Business and Economic News

Yellen: Slower rate hikes if economy disappoints
Federal Reserve Chair Janet Yellen said the U.S. economy faces a number of global threats that could hamper growth and compel the Fed to slow the pace of future interest rate hikes.
Hundreds protest Central States pension cuts
About 15,000 Minnesotans are affected by the Central States Pension Plan which filed an application with the Treasury last year to implement a plan to stay solvent.
Dayton's paid parental leave pitch sets stage for debate
The Minnesota Chamber of Commerce says more companies are finding ways to offer parental leave. But it also says it's best to let employers figure out how to do that.
The Margaret A. Cargill Foundation led the rankings with $150 million in donations, with Target and General Mills foundations rounding out the top three donors.
Gulf of Mexico open for fish-farming business
For the first time, companies can apply to set up fish farms in U.S. federal waters. The government says the move will help reduce American dependence on foreign seafood and improve security.
St. Paul's red '1st' not lit for now
The 50-foot-tall flashing neon "1st" sign atop a historic bank tower in St. Paul has gone dark. But the building's owner says an energy upgrade could include new LED lights for the landmark.
States not waiting to close gender wage gap
Efforts to close the pay gap between men and women have gone nowhere in Congress, but states are forging ahead with a string of equal pay laws. And new proposals are being debated in two dozen states.