Business and Economic News

Federal job watch: So far more of a ‘He-cession’ than a ‘She-cession’
As of mid-March, federal job losses were much more notable among men than women. The APM Research Lab’s analysis of national data released last week by the U.S. Bureau of Labor Statistics shows a net loss of 15,000 federal jobs for men, compared to just 2,000 for women.
Americans are already seeing Trump's tariffs kick in. They sent in receipts to prove it
There's new tariffs on almost everything that is imported. Some of that increased cost is being eaten by exporters in other countries, but a lot of the higher prices are being picked up by Americans, who are seeing it in their receipts.
In Crosslake, governor’s fishing opener spotlights lethal impact of lead tackle to Minnesota’s loons
One of the biggest threats loons face is poisoning from swallowing lead sinkers, lures and jigs. Yet efforts to ban lead tackle in Minnesota have repeatedly failed and convincing anglers to voluntarily switch out their lead tackle for non-toxic alternatives has been a slow process.
Why oil prices are falling and what it means for the economy
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.
In session's waning days, steelworkers wait on word about unemployment benefit extension
Legislative leaders are pushing toward the May 19 adjournment deadline and one area of bipartisan agreement looks to be extending unemployment insurance benefits for laid-off steelworkers on the Iron Range.
Date set for lottery to determine Minnesota cannabis business licenses
The license lottery will be June 5 for cannabis cultivators, manufacturers, and “mezzobusinesses.” There’ll also be a June 5 lottery for cannabis retailer licenses for social equity applicants.
‘Smashing our dreams’: NEA terminates grants for many Minnesota arts organizations
Several Minnesota arts organizations, including Penumbra Theatre and the Lakes Area Music Festival, have had their 2025 NEA grants abruptly terminated as the agency shifts its funding priorities to align with new federal directives restricting support for projects promoting diversity, equity and inclusion.