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Business and Economic News

What to do about rising home insurance costs

What to do about rising home insurance costs

Property taxes, groceries and home insurance costs are all on the rise for Minnesotans. “Insurance is getting more expensive because the cost of repairing homes is getting more expensive,” said Julia Dreier, deputy commissioner of insurance for the Minnesota Department of Commerce. She recommends reviewing your policy carefully.
by Cathy Wurzer and Lukas Levin

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Powerball jackpot soars to $1.7 billion after another night with no big winner

Powerball jackpot soars to $1.7 billion after another night with no big winner

The Powerball jackpot has jumped to an eye-popping $1.7 billion after yet another drawing passed without a big winner. The numbers drawn Monday night were 3, 18, 36, 41, 54 and the Powerball 7.
by The Associated Press

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Trump administration pauses 5 wind projects off the East Coast

Trump administration pauses 5 wind projects off the East Coast

The Trump administration is pausing leases for five large-scale offshore wind projects under construction on the East Coast due to what it said were national security risks identified by the Pentagon. 
by The Associated Press

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U.S. stocks rise at the start of a holiday-shortened week, gold and silver touched records

U.S. stocks rise at the start of a holiday-shortened week, gold and silver touched records

Stocks are rising modestly on Wall Street at the start of what’s expected to be a quiet holiday week. The S&P 500 rose 0.4 percent in early trading Monday. Gold and silver touched records and oil prices jumped after the U.S. Coast Guard said it was pursuing another sanctioned oil tanker in the Caribbean.
by The Associated Press

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CBS News chief Bari Weiss pulls '60 Minutes' story, sparking outcry

CBS News chief Bari Weiss pulls '60 Minutes' story, sparking outcry

CBS News Editor-in-Chief Bari Weiss pulled a “60 Minutes” segment on allegations of abuses at an El Salvador detention center where the Trump administration sent hundreds of Venezuelan migrants.
by David Folkenflik

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From 'Grinchmas' to chestnut roasts, these rural towns make the holidays central to their economy

From 'Grinchmas' to chestnut roasts, these rural towns make the holidays central to their economy

Winter holiday festivals have become a regular way to grow revenue for America’s smallest towns. And with more people shopping online, those events are key to pulling people away from their screens and into stores.
by Tadeo Ruiz Sandoval

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Arboretum in Baxter debuts new forest skating trail: ‘If we build it, they will come’

Arboretum in Baxter debuts new forest skating trail: ‘If we build it, they will come’

The trail opening Sunday at the Northland Arboretum in Baxter winds through snow-covered pine trees and fields in a loop just under half a mile long. Unlike a frozen lake or smooth rink, there are curves, hills and occasional bumps.
by Kirsti Marohn

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State officials announce plans for more study on impacts of sulfate pollution on wild rice

State officials announce plans for more study on impacts of sulfate pollution on wild rice

The Minnesota Pollution Control Agency says it will further study the impacts of sulfate on wild rice. The announcement comes in the wake of concern expressed over a 52-year-old state standard that limits how much of the pollutant mines and other facilities can release into waters where the plant grows.
by Dan Kraker

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