Minnesota businesses wait to pay tax hike as deadline looms
Most Minnesota business owners are waiting until the last possible minute to pay a large payroll tax increase triggered when state lawmakers could not agree to a fix.
Target keeping hybrid work approach at Minneapolis headquarters
Several large employers finally returned to their downtown offices in March, after several COVID-surge delays. But Target, who employs more than 8000 people at its downtown headquarters, decided to keep a hybrid approach. Workers and their teams have the flexibility to decide when to come to the office.
Fuel prices: How they impact the 2022 boating season
Over the past two years, demand for boat slips has 'gone up considerably.'
Inflation woes: These price increases are hitting Americans the hardest
The highest level of inflation in over 40 years is hitting Americans hardest in areas where it’s difficult to make cuts.
Baby formula shortage: Stores limit sales as major brands sell out nationwide
As of mid-March, about 29 percent of popular baby formula brands were sold out across the U.S., according to one analysis.
Minnesota business owner joins global Etsy strike over fee increase
Thousands of sellers across the country, and some here in Minnesota, are fed up with the company Etsy over a fee increase.
Why Biden is waiving rule on higher levels of ethanol in gas this summer
President Joe Biden says his administration will suspend a federal rule that bars higher levels of ethanol in gasoline during the summer.
Walmart offering new truckers starting salary of up to $110,000
Walmart truck drivers could previously make an average of $87,500 in their first year
Deutsche Bank predicts US recession in 2023 due to Fed rate hikes
Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.
Biden ‘has not ruled out’ canceling student loan debts, White House says
Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31
Best companies 2022: Linkedin unveils list of top companies to work for, Amazon ranks no. 1
Linkedin released its list of the top 50 companies to work with Amazon claiming the top spot. Here's a look at where other companies ranked.
The best and worst times to buy a car amid EV trends and supply-chain woes
If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.
March jobs report 2022: US added 431,000 jobs in sign of economic health
The U.S. added 431,000 jobs in March 2022 in a sign of a resilient economy — as unemployment fell to a pandemic low of 3.6%.
Minnesota unemployment rate drops to lowest since 1999
Minnesota's unemployment rate fell to 2.7 percent in February, the lowest in 23 years, fueling wage gains and contributing to concerns about persistent inflation.
Yelloh! Schwan’s Home Delivery announces name change
Your favorite frozen pizzas and desserts will soon be delivered to your door by a truck with a different name on it.
What is shrinkflation? How companies hide inflation without increasing prices
If you haven’t seen a price increase on a product or service you purchased recently, chances are that the company may still be passing along the rising costs to you without the obvious price hikes.
Federal Reserve hikes interest rate to fight inflation, more to come
The Federal Reserve launched a high-risk effort to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year.
Billionaire supermarket CEO: Buy now, food inflation will only get much worse
John Catsimatidis says food prices could increase 20% by summer.
Canned pet food shortage continues amid supply chain woes
The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.
High school economics class gifted $10,000 for real-world lesson in investments
High school students in Sleepy Eye are getting a real-world lesson on investing with real cash - an anonymous donor gave Nick Kaminsky’s economics class $10,000 with the goal of teaching students about the stock market in an impactful way.