WASHINGTON — Hiring managers in key Minnesota job sectors, from health care to industrial research, say the state’s already tight labor pool could be further constrained by the new $100,000 fee on new visa applications for highly skilled workers.

President Donald Trump on Friday signed an executive order meant to reduce companies’ ...Read more

Federal Reserve Chair Jerome Powell said the outlooks for the labor market and inflation face risks, reiterating his view that policymakers likely have a difficult road ahead as they weigh further interest-rate cuts.

“Near-term risks to inflation are tilted to the upside and risks to employment to the downside — a challenging situation,” ...Read more

CHICAGO — Members of the union representing Museum of Science and Industry workers voted to authorize a strike, although it was unclear if or when a walkout would take place.

At a Tuesday morning news conference outside the Hyde Park institution, members of the union said they voted to strike because museum management has not given employees ...Read more

A chef from California’s Central Coast who had two strokes while traveling internationally on American Airlines was awarded more than $9 million after a federal jury concluded employees failed to follow their own protocols to help him.

In November 2021, Jesus Plasencia, a chef from Watsonville who was 67 at the time, was traveling with his ...Read more

According to President Donald Trump, in economic terms you never had it so good.

“The economy is back on track,” the White House proclaimed last week, asserting that, among other metrics, “retail sales are booming” and inflation is falling.

These claims, however, seem to be more aspirational than real — at least that’s what the raw...Read more

A jury will decide whether Amazon duped millions of customers into signing up for Prime memberships, in a case that kicked off this week in federal court in Seattle.

The case, filed by the Federal Trade Commission in 2023, is focused on one of the pillars of Amazon's e-commerce business.

Amazon's Prime membership, first introduced in 2005 and ...Read more

Nvidia Corp. will invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure, a blockbuster deal that underscores booming demand for AI tools like ChatGPT and the computing power needed to make them run.

The companies announced the agreement Monday, saying they’d signed a letter of ...Read more

Amazon.com Inc. exercised “overwhelming control” over subcontracted drivers it claimed weren’t its employees, U.S. labor board attorneys told a judge Monday.

“Amazon structured its logistics network to maintain all the benefits of control while denying any responsibility as an employer,” Sanam Yasseri, a lawyer for the general counsel...Read more

President Donald Trump’s new sky-high visa fees have shaken Silicon Valley’s tech giants as they contemplate a surge in the cost of hiring global talent and a new tactic the White House can use to keep Silicon Valley in line.

The tech industry was already navigating an economy with higher and unpredictable tariffs, when last week the Trump ...Read more

Two of the oldest and most toxic PFAS chemicals will remain in a federal cleanup law, keeping the onus for the industrial pollution on the companies that created it, the Environmental Protection Agency has decided.

Since he was sworn in at the end of January, EPA Administrator Lee Zeldin has pushed to shrink the size of the agency and said the ...Read more

Higher interest rates played out on stocks, cryptocurrency and commodities such as oil over the past few years. But now that the Federal Reserve has been lowering short-term rates, what can investors expect from here, and how long will the shifting rate environment impact markets?

After lowering interest rates by 25 basis points at its December...Read more

Joint bank accounts allow couples to manage budgets together, monitor spending and save for shared goals. But they aren’t right for every couple. And you don’t have to go with an all-or-nothing approach, either. You can have a joint account without merging all your finances.

Here’s what you should consider before deciding whether a joint...Read more

The world’s largest cruise company, Carnival Corp., has been found liable for injuries a Miami woman suffered while onboard during a fall, and been ordered to pay her nearly $350,000 in damages.

A judge in the U.S. District Court for the Southern District of Florida in Miami issued the ruling earlier this month. The decision is unusual, as ...Read more

Spirit Airlines, the ultra-low-cost carrier known for its bright yellow planes and basic fares, plans to furlough about one-third of its flight attendants as it struggles to cut costs.

The airline will furlough roughly 1,800 flight attendants effective Dec. 1, company spokesperson Thomas Fletcher said in a statement.

The announcement comes ...Read more

U.S. stocks were on track for another all-time closing high on Monday, as tech stocks drove the market higher reversing an early decline while central bank speakers offered clues on the path of interest rates.

The S&P 500 Index rose 0.4% at 2:53 p.m. in New York, putting the benchmark on track for its 28th record this year. Meanwhile, the tech...Read more

The Federal Reserve’s newest policymaker, appointed by President Donald Trump, laid out his argument for aggressively lowering interest rates on Monday, presenting a view that aligns with the president’s demands but which makes him an outlier at the central bank.

In his first policy speech since joining the Fed, Governor Stephen Miran ...Read more

U.S. stocks hit another all-time closing high on Monday as tech stocks drove the market higher, reversing an early decline, while central bank speakers offered clues on the path of interest rates.

The S&P 500 Index closed 0.4% higher, its 28th all-time close this year. Meanwhile, the tech-heavy Nasdaq 100 Index gained 0.6%.

A basket tracking ...Read more

PHILADELPHIA — Alex N. Wong, a former senior adviser on national security to President Donald Trump, will lead defense, shipbuilding, and aerospace strategy for Hanwha, a South Korea-based multinational industrial group that last month announced it would invest $5 billion to expand its Philadelphia shipyard as part of a larger commitment by ...Read more

A leading consumer group is proposing a policyholder rights initiative that would require insurers to offer coverage to California homeowners who fireproof their homes — or lose the right to sell home or auto insurance in the state for five years.

The Insurance Policyholder Bill of Rights was filed with state Atty. Gen. Rob Bonta’s office ...Read more