Business and Economic News

The benefits of older workers
Ageism limits opportunities for older people and can diminish their sense of value. MPR News guest host Chris Farrell and his guests talk about how to find purpose later in your career and in retirement.
The U.S. is facing a severe housing shortage. Will Trump's proposals help?
The U.S. is short approximately four million homes. Wharton economist Ben Keys traces the beginning of the housing crisis to the 2008 financial meltdown — and says climate change is making things worse.
Local TikToker says she would lose majority of her business if app was banned
Data from TikTok and Oxford Economics found around 70,000 businesses in Minnesota use TikTok for promotional purposes. And a third of the small businesses in the state say that using TikTok is at the crux of their business structure.
Data centers spark opposition from residents, concerns over energy use
Tract, a development company based in Colorado, is proposing to build the $5 billion project for an undisclosed company, one of several data centers under construction or planned in Minnesota.
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
The automaker will focus on development of partially automated driver-assist systems for personal vehicles like its Super Cruise, which allows drivers to take their hands off the steering wheel.
‘Waste, fraud and abuse’ are words that will ring through Minnesota Capitol in 2025
As clouds form in Minnesota’s budget outlook, state lawmakers in both parties say they’ll work to squeeze out savings from programs missing the mark. But how much of a dent would that make?
Backers of proposed resort expansion near Ely drop plans amid state lawsuit
Backers of a proposed $45 million expansion of Silver Rapids Lodge near the Boundary Waters Canoe Area Wilderness have dropped their plans after a lawsuit from the Minnesota Department of Natural Resources.
Duluth chooses Arizona agency over local firms to market the city to tourists
The Duluth City Council voted 8-1 Monday night to award a multimillion-dollar tourism marketing contract to a company based in Tucson, Ariz., over objections from some in the business community who wanted the city to hire a local firm.