Minnesota businesses impacted by COVID-19 can now apply for loans through SBA

Minnesota businesses can now begin the application process for loans being offered through the Small Business Administration, as the coronavirus pandemic continues to have a ripple impact on the economy, federal officials announced Saturday.

Minnesota receives record 95,300 unemployment applications following COVID-19 closures

The Minnesota Department of Employment and Economic Development has received a record 95,352 unemployment applications this week following the cancelation of large public gatherings and the closure of entertainment, fitness and beauty businesses and dine-in service at restaurants during the COVID-19 pandemic. 

Minnesota governor signs executive order prohibiting price gouging amid COVID-19 pandemic

Minnesota Gov. Tim Walz signed three more executive orders Friday, including one prohibiting stores from price gouging amid the outbreak of COVID-19, the disease caused by the novel coronavirus. 

Dow drops more than 900 points, ending worst week since 2008

The Dow Jones Industrial Average climbed 134 points, or 0.7 percent, while the S&P 500 and Nasdaq Composite rose 1.01 percent and 1.6 percent, respectively.

Minnesota grocery industry assures: No shortage on the horizon

The grocery store industry is assuring consumers that there is no supply chain issue, despite empty shelves at stores everywhere.

Income tax filing deadline moved to July 15 from April 15

The United States is moving its tax deadline from April 15 to July 15, according to a tweet by Treasury Secretary Steven Mnuchin.

Closures due to COVID-19 pandemic causing mass layoffs across state

The COVID-19 pandemic and resulting closures of bars, restaurants and other public gathering spaces in Minnesota is causing mass layoffs across the state. 

Dow below 20,000 as stock plunge threatens Trump-era gains

The early selling comes as the Trump administration and Congress hammer out the details of a $1 trillion stimulus package.

Minneapolis Fed President: Flatten the curve for the economy too

With the Federal Reserve dumping $1 trillion of liquidity into the credit and financial markets, FOX 9 Investigator Tom Lyden talked to Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, about federal checks possibly going out to every American and the long term prognosis for the economy during a pandemic.  

Macy's, Bloomingdales temporarily closing stores nationwide due to COVID-19 concerns

In a statement on Tuesday, Macy’s Inc. announced it will close all of its stores temporarily by the end of the day due to the COVID-19 coronavirus outbreak.

Big 3 automakers will partially shut down US plants, bolster safety measures to protect workers

The UAW and the big three automakers have agreed to not close its manufacturing plants, in exchange for new safety measures and an increase in adherence to CDC recommendations on social distancing in the workplace. 

Minnesota DEED sees spike in unemployment insurance requests after Governor's announcement

The Minnesota Department of Employment and Economic Development says it has seen a dramatic increase in the number of employees hoping to collect unemployment insurance.

Minneapolis restaurants donate kitchens, chefs to help provide meals for those in need

A group of Minneapolis restaurants and caterers teamed up with Second Harvest Heartland to prepare meals to those in need during the COVID-19 outbreak -- and they're asking others to join in.