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Business and Economic News

UnitedHealth shares dive after report of U.S. investigation into Medicare billing

UnitedHealth shares dive after report of U.S. investigation into Medicare billing

UnitedHealth Group shares tumbled early Friday on a report that the U.S. Department of Justice has started an investigation into the health care giant’s Medicare billing practices. 
by The Associated Press

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Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote

Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote

The early Friday vote was a key step toward providing money the Trump administration says it needs funds for mass deportations and security measures that top the Republican agenda.
by The Associated Press

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‘It’s completely draining’: Rising food prices causing continued stress in Minnesota, nationwide

‘It’s completely draining’: Rising food prices causing continued stress in Minnesota, nationwide

Food prices continue to rise in Minnesota and nationwide — though at a slower rate than dramatic spikes during the pandemic. The high price of eggs is top of mind right now for many grocery shoppers.
by Mark Zdechlik

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IRS cuts over 6,000 jobs in the middle of tax season

IRS cuts over 6,000 jobs in the middle of tax season

The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.
by Scott Horsley

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New Duluth nonprofit aims to address economic inequality in northeast Minnesota

New Duluth nonprofit aims to address economic inequality in northeast Minnesota

The Duluth NAACP is hosting its annual Freedom Fund Dinner on Saturday. Donations from the dinner will go to the Duluth NAACP as well as a newer organization called Ignite Empower Transform.
by Nina Moini and Alanna Elder

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A military vet and a scientist were securing America’s food system. Trump fired them

A military vet and a scientist were securing America’s food system. Trump fired them

More than 10,000 federal employees who had yet to complete their probationary periods have been fired by the Trump administration, including those who work to protect American agriculture.
by Andrea Hsu

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Black farmers among those left in limbo amid federal funding freeze

Black farmers among those left in limbo amid federal funding freeze

The federal government has historically discriminated against Black farmers. The recent funding halt from the Trump administration presents yet another hurdle to those who have spent decades fighting for equity in farming.
by Marisa Peñaloza

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Latino business owners say customers are staying away in wake of deportation threats

Latino business owners say customers are staying away in wake of deportation threats

Some Latino business owners say customers have been staying away out of fear of being detained and deported. Twin Cities business and city leaders are encouraging people to buy from Latino-owned shops this Saturday.
by Regina Medina

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Proposed law would help train cosmetologists to address domestic violence

Minnesota’s U.S. Sen. Amy Klobuchar is promoting bipartisan legislation that would provide federal funding for domestic violence awareness training for cosmetologists and beauty professionals.
by Nina Moini and Ellie Roth

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