Uptick in home sales may be a sign The latest numbers show that Twin Cities home sales are up slightly over last year, a sign that the housing market is beginning to stabilize.February 23, 2009
Dow ends at lowest close in more than 6 years The Dow Jones industrial average closed this afternoon at its lowest level in more than six years at the 7,466 level.February 19, 2009
Best Buy cuts 250 jobs, adds 210 Richfield-based Best Buy is handing out 250 pink slips today to employees. But it's also posting 210 new positions.February 19, 2009
627K new jobless claims; continuing claims near 5 million The number of laid-off workers receiving
unemployment benefits has jumped to an all-time high near 5 million
while new jobless claims remain well above 600,000.February 19, 2009
Obama unveils $75 billion mortgage relief plan Seeking to tackle "a crisis unlike any we've
ever known," President Barack Obama unveiled an ambitious $75 billion plan Wednesday to keep as many as 9 million Americans from losing their homes to foreclosure.February 18, 2009
President Obama announces his mortgage aid plan In its latest effort to stem the financial crisis, the Obama administration announced the details of a $75 billion plan to help struggling homeowners.Midday, February 18, 2009
Is this the worst Valentine's Day ever? The slumping economy is hitting flower shops, jewelers and restaurants hard. Even the most ardent lovers, it seems, may have a broken heart this year.February 13, 2009
Fed: Upper Midwest recession to continue in 2009 The Federal Reserve Bank of Minneapolis is
forecasting that the economic downturn in the Upper Midwest will
continue through 2009.February 11, 2009
How people over 65 are making ends meet A new "Elder Economic Security Index" shows the financial considerations facing people over 65 in Minnesota. Can seniors cover basic needs and stay self-sufficient in retirement?Midday, February 9, 2009
DFL lawmakers introduce 'People's Bailout' The "People's Bailout" bill would temporarily lift a five-year limit on welfare benefits, extend unemployment benefits and attempt to reduce home foreclosures, especially in rental properties.February 9, 2009
Pioneer Press union accepts week-long furloughs Union workers at the St. Paul Pioneer Press have
agreed to take a week of unpaid time off as the newspaper seeks to cut costs.February 6, 2009
Ford workers idled for two more weeks Ford Ranger workers in St. Paul have been told the plant will be temporarily idled for two weeks this winter, with the first furlough scheduled to begin at the end of today, due to slumping sales of the Ford Ranger.February 6, 2009
New Ulm plant, with 80 jobs, relocating The owners of a New Ulm plant that makes
electrical servo motors say they will move most of the plant's operations out of Minnesota, affecting about 80 employees.February 6, 2009
Owatonna firm cuts 100 jobs Another big Owatonna manufacturer is
announcing layoffs. SPX Corp. has laid off 100 employees from its plant in the southern Minnesota city.February 6, 2009
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