Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Defense Department awards $20.6M to support nickel prospecting in Minnesota and Michigan
The Department of Defense on Tuesday awarded $20.6 million to developers of the proposed Talon nickel mine in Minnesota under a program to strengthen domestic supply chains for critical minerals.
Eastlake Brewery closing, citing COVID and civil unrest as ‘one-two punch’
Just shy of nine years into operations Eastlake Brewery won’t see its anniversary in December. After making it through COVID shutdowns and civil unrest, the owners say they've can't afford the rent.
Data breach at Minnesota jobs website reported, users warned to protect info
Job seekers have been warned to protect any additional info that might not have been available at the time of the breach.
New rule would make millions more workers eligible for overtime pay
The Biden administration proposed a new rule Wednesday requiring bonus pay for overtime work for millions more American workers.
Farmers Insurance to layoff 2,400 staff across entire business
The employees getting laid off represent about 11% of the insurance provider's staff.
Home affordability is the worst it has been in nearly 40 years, study shows
U.S. home prices recently faced their sharpest rise since November.
Popular summer vacation destinations across US see uptick in vacancies
Vacation hotspots across the country saw vacancy rates as high as 20% this summer
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
Federal Reserve signals potential interest rate hikes to sustain strong US economy
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.
Minnesota’s minimum wage increasing due to inflation adjustments
Due to inflation that has increased throughout the nation, Minnesota’s minimum wage will also be increasing with it.
Survey: Gen Z, millennial couples say it's too expensive to get married
More Gen Z and millennials are saying “I do…not."
Here's how much workers are demanding to start a new job
The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.
Americans burning through excess savings from the pandemic, SF Fed study says
Americans are burning through the excess savings they accumulated during the COVID-19 pandemic thanks to a big burst of stimulus money from the federal government and limited spending.
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
Inflation forcing Americans to spend $709 more per month than 2 years ago: economist
Inflation has created financial pressures for most U.S. households and forced them to pay more for daily necessities like food and rent.
Layoffs begin in the film industry as Hollywood strikes continue
Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.
'We have a plan': Biden claims policies are reviving US manufacturing
The president will make the case in a speech in New Mexico Wednesday that his financial and tax incentive policies have revived U.S. manufacturing.
US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile
Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?
A 401(k) is usually workers’ first experience with investing, expert says