Unemployment is low across the upper Midwest and should drop further, Minnesota State Economist Laura Kalambokidis said. Demand for workers in neighboring Iowa and North Dakota is also helping to keep the Twin Cities unemployment rate down, she added.
Minnesota is poised for continued economic growth, though there is concern about its biofuels industry, the latest Creighton University economic index shows.
Somali-Americans in Minnesota say time is running out to resolve longstanding difficulties wiring money to relatives in east Africa.
The Washington, D.C.,-based National Committee for Responsive Philanthropy is asking the Minnesota attorney general to investigate the Otto Bremer Foundation after it fired its executive director.
Metro area home prices rose 9.4 percent over the year ending in April, the widely followed. Annual gains for March were 11 percent.
In an email to professional colleagues and friends, executive director Randi Ilyse Roth said her position is being eliminated because the foundation's three trustees have become co-CEOs. She said trustees Charlotte Johnson, Brian Lipschultz and Daniel Reardon will directly manage the foundation's staff and operations.
Minnesota's economy added 10,300 jobs in May, and the state's jobless rate fell one tenth of a percent to 4.6 percent.
Demand for apartments in the metro is strong, and average monthly rents are rising. That's making it hard for many people to find an affordable place to live.
Remittances may account for as much as 40 percent of Somalia's entire economy, according to Oxfam. This critical source of economic support could be cut off as Somalia struggles to regain stability following a quarter century of conflict.
Minnesota exported $5 billion worth of manufactured goods, mining, and farm products in the first three months of the year, a 2 percent increase over the same period in 2013.
A former member of a central Minnesota boys' choir says a St. John's Abbey priest, who went on to become headmaster of St. John's Prep school in Collegeville, abused him while on a trip to Europe more than two decades ago. The alleged victim's family say they decided to go public with their allegations after learning the priest is still in public ministry.
St. Louis archbishop Robert Carlson — who served in the Twin Cities for 24 years — testified last month that he wasn't sure whether he knew it was illegal for priests to have sex with children when he served as chancellor of the Twin Cities archdiocese in the 1980s, according to a transcript released Monday.
Nearly 504,000 Minnesotans still rely on food stamps, more than double the number of 10 years ago. For many recipients, that financial assistance isn't enough to keep food on the table.
According to the property information company CoreLogic, 57,008 residential mortgage holders, or 9.9 percent, were underwater on their mortgages. That compares to 10.2 percent in the fourth quarter of of 2013.
Minnesota has the highest rate of homeownership among white households in the country, but the lowest rate among households of color.