Business and Economic News

Australia is the latest country to give workers the 'right to disconnect' after hours
Australia is the latest country to protect workers who ignore work calls and messages after hours, under certain circumstances. The "right to disconnect" hasn't caught on in the U.S. just yet.
Blue Cross and Blue Shield of Minnesota Foundation awards $3.4 million to nonprofits statewide for child care and early education 
More than $3.4 million from the Blue Cross and Blue Shield of Minnesota Foundation will go to nonprofits around the state to fund programming that supports child care and early education.
’The time has come’ to lower interest rates: Fed Chair Jerome Powell
Federal Reserve chairman Jerome Powell signaled that he’s increasingly confident inflation will soon be tamed, and that he and his colleagues will soon cut interest rates to avoid hurting the job market.
After feedback, Xcel changes plan to charge more for electricity during peak hours
Xcel Energy proposed charging variable rates to better reflect the actual cost of delivering electricity during times of peak demand. The utility now says the program will be voluntary for customers who choose to opt in, and the peak rates won’t be as high.