Biden, López Obrador, Trudeau show unity during summit, downplay tensions
President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.
Trees and corn could make paint and diapers, Minnesota researchers say of new tech
A new technology could bridge the gap between renewable ingredients like trees and corn, and key chemicals like acrylic acid and acrylates used in common household products.
FTC proposes rule banning noncompete clauses for workers
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
Record-high Social Security cost-of-living increase poised to kick in soon
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
1,000 U.S. cities lose 'urban' definition under new Census criteria
“This change in definition is a big deal ." Almost 1,000 cities, towns and villages in the U.S. lost their status as urban areas under revised Census criteria.
Down in the Valley announces location closing, asks where it should open next
A popular record store and memorabilia shop has announced it will be closing its door in Crystal, while also soliciting input for where its followers think it should open next.
Holiday sales increase 7.6% despite the squeeze of inflation
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
Here's how much pay Americans say they'd need to start a new job
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
Senate passes $1.7T spending bill to fund government, aid Ukraine
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.
Treasury department delays electric vehicle tax credit changes
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
Minnesota lawmakers have full plate of options to confront worker shortage
Was 2022 the year of the worker shortage?
Aki’s BreadHaus announces ‘temporary closure’ due to staff shortages
Known for their fresh pastries and breads on Central Ave in Northeast Minneapolis, Aki’s BreadHaus – the German-style bakery that opened May of 2014 – has announced it will close its doors temporarily due to persistent short staffing.
Minnesota adds 3,500 private-sector jobs, unemployment rate up to 2.3%
Minnesota's job market kept chugging in November along with the rest of the U.S., despite economic uncertainty swirling.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Americans say holiday gifts harder to afford
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
Inflation cools in Twin Cities to 5.3%, best since spring 2021
Inflation is fading faster in the Twin Cities than across the rest of the U.S., allowing Minnesotans to get some relief from surging prices that have dominated the past year.