Economic Downturn
Economic Downturn
  • Fed cuts key rate by a quarter-point
    The Federal Reserve cut a key interest rate by a quarter-point Wednesday, a smaller move than the aggressive easing it undertook earlier this year. There were signs the Fed may believe it has done enough to prevent a deep recession.April 30, 2008
  • Teens' summer plans hurt by economy too
    State officials say it appears jobs will be few and far between for teens looking to earn a paycheck this summer. One national study predicts teen employment could fall to its lowest point ever during the summer months.April 30, 2008
  • Bush on slumping economy
    President Bush addresses growing public concern about home mortgages, rising costs of energy and education and other economic issues during a news conference today.Midday, April 29, 2008
  • Spring brings utility disconnections for thousands
    As April draws to a close, Minnesotans usually think about turning off their furnaces and radiators for the season. But in many cases, utility companies are doing it for them.April 29, 2008
  • New home sales plunge to lowest level in 16 years
    Sales of new homes plunged in March to the lowest level in more than 16 years as housing slumped further at the start of the spring sales season.April 24, 2008
  • Natural gas prices keep rising ahead of summer energy crunch
    Analysts at the Minnesota Department of Commerce say this year's natural gas prices are the highest they've seen since hurricanes Rita and Katrina in 2005.April 23, 2008
  • Arts economy snapshot
    Regional arts groups haven't yet felt the effects of an ailing economy, but they're concerned about the future.April 20, 2008

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