Shake Shack to return $10M small business loan

The burger chain Shake Shack says it will return a small-business loan it got to help weather the coronavirus crisis after topping up its funding.

Stocks slide as oil crashes below zero

U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.

Demand for play sets and pools spikes as Minnesota families look for more entertainment at home

With city playgrounds closed - or at least discouraged - and kids out of school, parents are looking for alternatives. And the businesses providing those alternatives are working to keep up.

PPP in Minnesota: More than 46,000 applications approved for over $9B

The nearly $350 billion dollar federal loan program, the Paycheck Protection Program, maxed out its funding earlier this week. Newly released data shows how much will be going toward small businesses in Minnesota.

Minnesota Senate passes bill to allow restaurants to sell beer, wine with carryout orders

Minnesota lawmakers reached a deal overnight that would allow restaurants to sell beer and wine along with carryout orders during the closures due to the COVID-19 pandemic. 

Minnesota joins Midwestern pact on when to reopen the regional economy

Minnesota Gov. Tim Walz has joined a pact with six other Midwestern governors, pledging to work in "close coordination" on how to reopen the regional economy.

IRS glitch sends taxpayers’ stimulus checks to tax prep companies instead

If you use a tax prep service and can't quite track your stimulus payment, your direct deposit information may be the reason for the delay.

Cragun's 'losing optimism' for the summer with stay-at-home order

Cragun's Resort is losing optimism about the summer vacation season and the economic fallout from the coronavirus will be "an anchor" on the Brainerd resort for years to come, Cragun's general manager said.

Minnesota extends unemployment benefits 13 weeks as applications climb

The latest safety net for unemployed workers kicked in Wednesday when Minnesota officials said they extended jobless benefits for an additional 13 weeks.

Unemployment claims jumped by 5.25M last week as coronavirus job carnage continues

The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck caused 5.2 million more people to seek unemployment benefits last week.

Minnesota businesses get approved for loans, but 'huge gaps' remain

Small business owners are becoming increasingly anxious and concerned with every passing day of this pandemic. Multiple businesses have already posed the question: is the assistance they're getting even going to make a difference? 

Best Buy to furlough 51,000 store employees nationwide amid COVID-19 pandemic

Best Buy announced Wednesday it will furlough approximately 51,000 employees in the U.S. as its stores remain closed nationwide aside from curbside pickup during the COVID-19 pandemic. 

Didn't get your stimulus check? IRS launches tracking tool

The IRS has launched a tracking tool to allow taxpayers a way to see when their stimulus money will arrive and confirm how they want to be paid.

Millions of Americans to receive stimulus checks Wednesday

Most Americans can expect to see a payment of $1,200 and up -- but experts say we're more likely to fall victim to scammers trying to steal our money.