Business and Economic News

Oldest Black-owned newspaper in Minnesota turning 90 years old
On Aug. 10, 1934, the Minneapolis Spokesman and the St. Paul Recorder began printing news for what was then a small, but growing, Black community. The papers would later be combined into the Minnesota Spokesman.
U.S. Senate candidates give closing arguments at Farmfest ahead of Tuesday’s primary
Farmfest, an agricultural trade show, has become a rite of passage for politicians to talk with rural constituents in farm country. The forum was the last chance for voters to see the U.S. Senate candidates on the same stage before Tuesday’s primary.
Lake Minnetonka in the North Woods? Ely cabin owners push back against resort plan
A $45 million proposal to transform a century-old fishing lodge into an expanded resort two miles from the edge of the Boundary Waters is facing pushback from residents who fear it will change the area’s wilderness-oriented culture.
Minnesota Farmer’s Union president on stalled Farm Bill, weather extremes and Walz veepstakes
U.S. Congress has to pass — or at least pass an extension of — the 2018 Farm Bill by Sept. 30, but talks have stalled after months of party-line debate.
The Dow Jones plunges over 1,000 points  as markets are rocked by U.S. economy fears
Stocks fell sharply across the globe on Monday, as worries about the U.S. economy triggered a worldwide sell-off. The Dow Jones Industrial Average tumbled more than 1,000 points in early trading.
Minneapolis worker-owned bike shop to close after 22 years
A pillar of Minneapolis’s cycling community is shutting down after 22 years in business. The Hub Bike Co-op announced Friday that it’s closing both of its locations, on Minnehaha Avenue and in Dinkytown, on Sept. 30.