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Business and Economic News

Dirt-cheap toys imported into U.S. can be dangerous, group says. Here's what to know

Dirt-cheap toys imported into U.S. can be dangerous, group says. Here's what to know

"We rarely come out and say, 'You should not do this.' But this is one of the exceptions," consumer advocate Teresa Murray says, warning against the lure of rock-bottom prices from unfamiliar sellers.
by Bill Chappell

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Minnesota DNR delays decision on key proposed copper-nickel mine permit

Minnesota DNR delays decision on key proposed copper-nickel mine permit

The Minnesota Department of Natural Resources has delayed a decision until late next year on a key permit for the proposed NewRange Copper Nickel project in northeastern Minnesota, the mine formerly known as PolyMet. The company called the agency’s decision “unfortunate.”
by Dan Kraker

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Old National to buy Bremer Financial for $1.4B

Old National to buy Bremer Financial for $1.4B

Old National and Bremer Financial announced Monday morning a merger agreement that will make Old National the third-largest bank in the Twin Cities and expand its banking footprint throughout Minnesota, North Dakota and Wisconsin.
by MPR News Staff

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Listen: Minnesota Farm Bureau outlines legislative priorities

Listen: Minnesota Farm Bureau outlines legislative priorities

During the Minnesota Farm Bureau Federation Federation’s annual meeting, stopping the spread of and preventing illnesses that affect cattle and livestock, such as avian influenza and H5N1, arose as a key issue.
by Phil Picardi, Megan Burks and Gracie Stockton

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The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation

The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation

Donald Trump has big plans for the economy. He also has big debt problem that’ll be a hurdle to delivering on those plan. Trump has bold ambitions on tax cuts, tariffs and other programs. But high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do.
by The Associated Press

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House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism. It is a proposal that has alarmed civil liberties groups about how a second Trump presidency could use it to punish political opponents.
by The Associated Press

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