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Economy

Know any airplane mechanics? Wave of retirements leave some US industries desperate

Know any airplane mechanics? Wave of retirements leave some US industries desperate

A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.

June 1
Debt ceiling deal includes new work requirements for SNAP: How they work

Debt ceiling deal includes new work requirements for SNAP: How they work

The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.

June 1
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate

Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate

The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.

May 31
Debt ceiling: Bill on its way to House floor after clearing key hurdle

Debt ceiling: Bill on its way to House floor after clearing key hurdle

Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.

May 30
These billionaires are worth more than the US Treasury has in cash, report says

These billionaires are worth more than the US Treasury has in cash, report says

The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.

May 30
6 tips to save $100 a week and put it toward savings

6 tips to save $100 a week and put it toward savings

How to overcome inflation and regain control of your finances

May 29
Tight labor market has increased demand for teens in summer jobs

Tight labor market has increased demand for teens in summer jobs

The proportion of Americans between the ages of 16 and 19 who have jobs has trended up in recent years.

May 29
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default

Debt ceiling deal: Here's what's in, what's out of the bill to avert US default

Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.

May 29
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress

Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress

The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.

May 28
What's next on debt ceiling: Congress has little time to approve deal before default deadline

What's next on debt ceiling: Congress has little time to approve deal before default deadline

Lawmakers are not expected to return to work from the Memorial Day weekend before Tuesday, at the earliest.

May 28
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid

Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid

The US could default on its debt obligations by June 5 if lawmakers don't act in time.

May 27
Minnesota's hours worked is down, productivity up, data show

Minnesota's hours worked is down, productivity up, data show

Hours worked are down, but productivity is up in Minnesota.

May 25
Passenger train from Minneapolis to Duluth on track to becoming reality

Passenger train from Minneapolis to Duluth on track to becoming reality

It's full steam ahead for the Northern Lights Express rail project connecting the Twin Cities to the Twin Ports.

May 24
Round 3 of Disney job cuts starting

Round 3 of Disney job cuts starting

Disney has said it plans to trim 7,000 from its workforce overall

May 23
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.

May 22
Debt ceiling explained: Why it's a struggle, how the impasse could end

Debt ceiling explained: Why it's a struggle, how the impasse could end

Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.

May 22
6 in 10 Americans want to pair debt limit increase with deficit cuts, poll finds

6 in 10 Americans want to pair debt limit increase with deficit cuts, poll finds

The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.

May 19
Debt ceiling: Biden 'confident' there will be no default

Debt ceiling: Biden 'confident' there will be no default

Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.

May 17
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week

Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week

The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.

May 16
Housing market could tumble into a 'deep freeze' if US defaults on its debt

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

May 16
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Lakeview athlete with physical impairment now state champion

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Allina Health pauses 'patient interruptions' to care, scheduling

Allina Health pauses 'patient interruptions' to care, scheduling

Special Olympian competing in World Games has familial St. Paul ties

Special Olympian competing in World Games has familial St. Paul ties

Mankato police chase stabbing victim recalls traumatic memories

Mankato police chase stabbing victim recalls traumatic memories

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