Every time a customer pays for something with a credit card, the proprietor of the business has to pay a cut of the transaction to banks and credit card companies. Merchants say the policy is too costly and too restrictive.
State and city governments are steering too much subsidized housing to Minneapolis and St. Paul -- at great societal and financial cost, according to the report issued today by the Institute on Metropolitan Opportunity at the University of Minnesota Law School.
A growing body of research indicates a strong link between health and housing. If patients' rent is too high, they might avoid spending money on medications to treat diabetes and other diseases. Frequent moves also can lead to or deepen mental health problems.
Factory supply managers in Minnesota expressed optimism about the economy in a survey conducted last month.
The Case-Shiller index comes out two months later than local Realtor reports do and uses a different methodology to determine price gains. However, it largely reveals similar price trends.
Minnesota's jobless rate is more than two percentage points below the national rate of 6.7 percent.
Target spokeswoman Molly Snyder would not specify how many of the cuts affect the retailer's headquarters in Minneapolis, where about 11,000 employees work.
Federal regulators advised the two banks to drop them, saying that the "deposit advance products pose a variety of credit, reputation, operational, and compliance risks to banks."
Twin Cities home sales dropped off in December, but the housing market still finished 2013 in generally stronger shape than the year before.
There were 6,000 more job openings listed in the state in December compared to November.
Twin Cities home prices were up about 11 percent in October compared to the same month last year.
Exports of Minnesota-made products grew tepidly in the third quarter compared to the same period last year.
Over the past 10 years, the total amount of student loan debt in America has risen from about $250 billion to more than $1 trillion today. In an economy where consumerism is the lifeblood, that's bad news.
It's not clear how many customers could see fraudulent charges on their debit or credit cards. But plenty of shoppers worry they might. Some say Target is not doing enough to assuage customers' fears over the security breach.
Minnesota unemployment rate has fallen again, to 4.6 percent in November, as officials point to continuing signs of economic improvement.