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Business

Ramstad: With Legislature in chaos, at least lawmakers won’t raise taxes

That’s because of uncertainty on tax policy in Washington and a projected budget surplus in 2025.
AuthoredEvan Ramstad
January 11, 2025
Greater Minnesota

Former congressman Tim Penny to retire from southern Minnesota nonprofit

Penny plans to transition away from the Southern Minnesota Initiative Foundation over the next few months as its board picks a new CEO.
January 7, 2025
Economy

Many Minnesotans overspent during the holidays. Now it’s time to clean up the debt.

Financial experts have several methods to help clients pay down credit cards and set realistic spending plans for the future.
January 6, 2025
Economy

Minnesota H-1B workers nearly double in decade as businesses rely on visas more than ever

Mayo Clinic received the most H-1B visas among employers in the state in fiscal 2024, followed by the University of Minnesota.
January 4, 2025
Economy

Iron Range union applauds Biden’s blocking of U.S. Steel acquisition: ‘We are going to be fine’

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important player in the Minnesota mining industry.
January 3, 2025
Business

Biden plans to block takeover of U.S. Steel by Japan’s Nippon

The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.
January 3, 2025
Small Business

As new laws take effect in Minnesota, small businesses say costs will sting

Some say they might need to cut back on hiring, others say they might need to cut services as a new minimum wage, health insurance mandates, and unemployment and gas tax increases go into effect Wednesday.
January 1, 2025
Business

Ramstad: It’s not just Minnesota — the whole world is growing more slowly

As population growth slows, state will have to rely on productivity improvements and better development of natural and intellectual resources.
AuthoredEvan Ramstad
December 31, 2024
Declining fertility rates. File photo dated 23/01/16 of a baby holding the finger of its mother. Declining fertility rates around the world are leading to a "baby bust" in many countries including the UK, health experts have warned. Issue date: Friday November 9, 2018. Globally fertility rates, which represent the average number of children a woman delivers over her lifetime, have declined since 1950 and in 91 nations, rates are now not high enough to maintain current population levels. See PA s
Economy

Record visitors came to Minnesota in 2023, but tourism industry far from recovered

Tourist spending amounted to a record $14.1 billion in 2023. The state’s tourism agency said spending has surpassed pre-pandemic levels, but it falls short when adjusted for inflation.
December 12, 2024
The U.S. Bank Stadium's Taylor Swift Eras Tour advertisements shine above the long merchandise line in Minneapolis, Minn., on Thursday, June 22, 2023. ] Angelina Katsanis • angelina.katsanis@startribune.com
Politics

Why Minnesota is projected to face a future budget deficit, and what lawmakers might do about it

Minnesota had a record surplus two years ago. Now, it’s projecting a deficit on the horizon. How did the state get here?
December 7, 2024
Business

Bloomington’s SkyWater Technology nets $16M in federal funds to increase semiconductor production

The manufacturer plans $127 million in infrastructure and cybersecurity upgrades as the U.S. works to strengthen its position in the global industry.
December 6, 2024
Business

Ramstad: Budget, political constraints signal big fight ahead in Minnesota

Who’s got the power? It’s one thing to have it when there’s lots of money around and a much different thing when money is constrained.
AuthoredEvan Ramstad
December 5, 2024
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