Minneapolis’ Kocherlakota calls for more bond buying, not less, to stimulate the economy and help lower the unemployment rate.
Updated: September 26, 2013, - 10:27 PM
The company, which was founded in Minneapolis, announced that it will move about 100 executives and staff from Decatur, Ill., to a new headquarters, location to be determined. It also plans to create a new information technology center at the new location and add about 100 jobs there.
Updated: September 24, 2013, - 10:55 PM
Speech to Economic Club of Minnesota highlighted an aging population, lack of innovation as obstacles to continued growth.
Updated: September 23, 2013, - 08:48 PM
Unemployment rate fell to 5.1 percent. But gains came in lesser-paying jobs.
Updated: September 19, 2013, - 11:21 PM
The pace of growth in the Twin Cities was well above the national average, better than such Midwestern cities as Chicago, Milwaukee, St. Louis and Kansas City, and propelled Minnesota into the position of having the fifth-fastest-growing economy in the nation.
Updated: September 18, 2013, - 09:22 AM
It’s been a tough slog for most antique dealers over the past decade, as shifting tastes, eBay, thrift stores and the deep recession have cut into profits and emptied shops of customers. Upscale dealers, however, are doing fine.
Updated: September 15, 2013, - 10:06 AM
Loan volume is sliding amid rising rates and tighter lending standards, a U.S. Bank official said.
Updated: September 11, 2013, - 07:40 AM
Narayana Kocherlakota of the Minneapolis Fed said interest rates should stay very low as long as current conditions persist.
Updated: September 05, 2013, - 08:16 PM
Job vacancies hit a 12-year high over the summer, but as employers ease back into hiring, work is often part-time, and the median pay offered to job candidates fell to $12.50 per hour in the past year.
Updated: September 05, 2013, - 03:12 PM