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Business and Economic News

Twin Cities boasts lowest jobless rate among big U.S. metros

Twin Cities boasts lowest jobless rate among big U.S. metros

Unemployment is low across the upper Midwest and should drop further, Minnesota State Economist Laura Kalambokidis said. Demand for workers in neighboring Iowa and North Dakota is also helping to keep the Twin Cities unemployment rate down, she added.
by Matt Sepic

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Try as we might, there’s no news in gas prices

Try as we might, there’s no news in gas prices

It’s a pretty slow time of the year for news so the chances are good you’re going to hear or read a story about rising gas prices over the July 4th holiday. Why, look! Here’s one now! “Travelers to pay highest holiday gasoline prices in 6 years,” says Bring Me The News, citing a report…
by Bob Collins

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FTC alleges T-Mobile charged customers millions in bogus charges

Essentially, the FTC claims that T-Mobile knew that its customers never ordered text message subscriptions for things like "flirting tips, horoscope information or celebrity gossip," but it still continued to charge them $9.99 a month for the service.

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Protein milk deal muscles up Hormel

The deal should boost Hormel's earnings, expand its distribution channels and provide products that appeal to younger people, said Brian Yarbrough, an analyst with the investment firm Edward Jones.
by Martin Moylan

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