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1 week ago | 
startribune.com | Emma Nelson
It's been four months and at least 100 job applications since Brandon Vasquez was laid off. He hasn't gotten a single interview. "It's brutal," said Vasquez, 44, who lost his marketing director job at a local college just before Christmas. Vasquez's former employer started making cuts last year, he said, because of concerns about possible funding losses under President Donald Trump's administration. Since then, the precariousness has only grown.
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1 week ago | 
startribune.com | Emma Nelson
The Federal Reserve is in a bind. Consumers and businesses are anxious about what the escalating trade war might do to the economy and are pulling back on spending - a reaction that itself could cause a downturn. Unlike during the 2008 and 2020 recessions, there's nothing the Fed can do.
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2 weeks ago | 
startribune.com | Emma Nelson
The four-paragraph letter got straight to the point: The Norwegian American Historical Association at St. Olaf College was losing a nearly $300,000 federal grant, effective immediately. "Your grant's immediate termination is necessary to safeguard the interests of the federal government, including its fiscal priorities," the letter from National Endowment for the Humanities (NEH) Acting Chairman Michael McDonald read.
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2 weeks ago | 
startribune.com | Emma Nelson
As tariffs on U.S. trading partners pile on, the Federal Reserve needs to focus on keeping inflation in check, Minneapolis Fed President Neel Kashkari said Wednesday. Kashkari zeroed in on the prices side of the Fed's "dual mandate" - price stability and low unemployment - in an essay laying out how the central bank might react to the escalating trade war.
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2 weeks ago | 
startribune.com | Emma Nelson
Minnesota companies have taken a beating on Wall Street, days after sweeping new tariffs sent global markets tumbling. Dozens of the state's largest companies, from Sun Country Airlines to Polaris to U.S. Bancorp, have underperformed the S&P 500 with double-digit declines over the past week.
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2 weeks ago | 
keenesentinel.com | Emma Nelson
MINNEAPOLIS — Mike O’Brien used to ignore coupons. That changed a few years ago when the Lakeville, Minnesota, 61-year-old retired, he said, “just in time for inflation to rear its ugly head.” Now he and his wife stick to budget-friendly grocery chains, buy in bulk and skip pricier items like apples and eggs. A backyard garden supplies vegetables in warmer months. “It’s kind of become who we are‚” O’Brien said.
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2 weeks ago | 
startribune.com | Emma Nelson
ARLINGTON, Va.- Per the chair of the Federal Reserve: "The economy is still in a good place." For now. But as President Donald Trump's tariffs continue to plague more businesses and consumers, the escalating trade war between the U.S. and the rest of the world will likely raise inflation. And that's the opposite of what Fed leader Jerome Powell has been chipping away at since the pandemic knocked the system out of whack.
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3 weeks ago | 
thebrunswicknews.com | Emma Nelson
By Emma Nelson, The Minnesota Star Tribune MINNEAPOLIS - Mike O'Brien used to ignore coupons. That changed a few years ago when the Lakeville, Minnesota, 61-year-old retired, he said, "just in time for inflation to rear its ugly head." Now he and his wife stick to budget-friendly grocery chains, buy in bulk and skip pricier items like apples and eggs. A backyard garden supplies vegetables in warmer months.
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3 weeks ago | 
miamiherald.com | Emma Nelson
MINNEAPOLIS - Mike O'Brien used to ignore coupons. That changed a few years ago when the Lakeville, Minnesota, 61-year-old retired, he said, "just in time for inflation to rear its ugly head." Now he and his wife stick to budget-friendly grocery chains, buy in bulk and skip pricier items like apples and eggs. A backyard garden supplies vegetables in warmer months. "It's kind of become who we are‚" O'Brien said.
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3 weeks ago | 
expressdigest.com | Emma Nelson
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