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Business and Economic News

The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation

The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation

Donald Trump has big plans for the economy. He also has big debt problem that’ll be a hurdle to delivering on those plan. Trump has bold ambitions on tax cuts, tariffs and other programs. But high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do.
by The Associated Press

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House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism. It is a proposal that has alarmed civil liberties groups about how a second Trump presidency could use it to punish political opponents.
by The Associated Press

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Minneapolis Mayor Jacob Frey vetoes city council’s plan for labor standards board

Minneapolis Mayor Jacob Frey vetoes city council’s plan for labor standards board

Frey is asking the council to sustain his veto and create a new plan. He wants the board to have a 50/50 split between employees and employers, as well as an equal number of appointments made by city council and the mayor.
by MPR News Staff and Estelle Timar-Wilcox

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Federal Reserve's likely slowdown in rate cuts could disappoint borrowers

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.
by The Associated Press

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What makes a job worth doing?

What makes a job worth doing?

MPR News host Angela Davis talks with a business ethicist who says instead of asking, “What is the meaning of life?” we should ask, “What is the meaning of work?”
by Angela Davis and Cari Dwyer

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