12 cultural malls in Minnesota get $3M from state

Twelve cultural malls primarily based in the Twin Cities are set to receive more than $3 million in grants from the state of Minnesota as part of a COVID-19 relief program to help small businesses.

Fed dialing back COVID-19 economic aid amid high inflation

In a statement Wednesday after its latest policy meeting, the Fed said it will start reducing its $120 billion in monthly bond purchases in the coming weeks, by $15 billion a month, though it reserved the right to change that pace.