Coverage of the economy, markets, local businesses and the money matters that affect everyday life.
The American job market slowed considerably last month, according to the latest US jobs report. The economy added just 266,000 jobs in April and the unemployment rate ticked up to 6.1 percent, surprising some economists who had projected a growth of approximately 1 million jobs. President Joe Biden said that the latest numbers are proof that his American Jobs Plan is necessary to jumpstart the economy following the COVID-19 pandemic.
More
On Thursday April 22, 2021, AT&T reported its Q1 2021 earnings report, fully unveiling the subscribership growth of the HBO Max streaming service, as well as other key metrics for stockholders. This AT&T Earnings Conference Call led to a burst of articles trying to make narratives around these streaming numbers and comparing the Snyder Cut to different Q1 releases such as “Godzilla vs. Kong”.
More
The Minnesota Department of Employment and Economic Development (DEED) was awarded a Retaining Employment and Talent After Injury/Illness Network (RETAIN) Phase II grant from the U.S. Department of Labor (DOL) this week. Minnesota was one of five states to receive such a grant.
More
Businesses are an exciting culmination of people’s passions, talents, and determination to make a difference. However, most business ideas never come to fruition. Here are some of the biggest obstacles that impede people from creating a successful company regardless of the usefulness of their idea.
More
When you’re a business owner, time is money. Everything you do to improve your operations and free up your own time is a benefit to you, your employees, and your customers.
More
If you have always been handy around the house and enjoy it, it may be time to start your own home repair business. You have the skills and experience to do the job, so why not?
More
St. Paul – Minnesota’s seasonally adjusted unemployment rate dropped to 4.3 percent in February, down from 4.5 percent in January, according to numbers released today by the Minnesota Department of Employment and Economic Development (DEED). The decline in the unemployment rate was due to more people finding work and a decrease in the number of unemployed people, which resulted in another decline in the number of people engaged in Minnesota’s labor force.
More
Target today announced an enhanced Apple shopping experience for its guests. The new shopping experience debuts online and will begin rolling out in select locations this month, with additional locations scheduled to roll out by the end of this fall.
More
Minnesota exports of goods were valued at $20 billion in 2020, a decline of 10 pecent since 2019, according to a report released today by the Minnesota Department of Employment and Economic Development (DEED). U.S. exports fell 13 percent.
More
April is synonymous with many things. Many people get their first glimpse of spring blooms in April, while families of faith look forward to gathering for Passover and Easter. Sports fans may welcome the return of professional baseball in April, while scholastic athletes may associate April with the return of spring sports. Though each of those things tends to be welcomed with open arms, one day in mid-April may not be greeted so warmly.
More