Recent content from Kavita Kumar
Minnesota's first Black-owned bank still trying to gain steam after first year
First Independence Bank expanded from Detroit to Minneapolis at the urging of a group of local banking executives.
William Spriggs, advisor to the Minneapolis Fed who criticized how economists approach race, dies at 68
Spriggs was chief economist at the AFL-CIO and advised the Minneapolis Fed's Opportunity & Inclusive Growth Institute.
Minnesota's export growth slowed in first months of 2023 but still surpassed nation's
State exports to Canada and Mexico increased while those to China declined.
Target pulls some of its Pride products after threats to store workers
The Minneapolis-based retailer is still selling swimwear made for the transgender community but is no longer selling products from a brand that critics say expresses "Satanist" views.
Lockheed Martin design center coming to St. Paul, bringing more than 100 jobs
The aerospace and security company should open its Twin Cities operations this fall.
Fed's Kashkari says higher capital requirements would bolster banking system
The president of the Federal Reserve Bank of Minneapolis wrote an essay outlining his thinking.
After brief slowdown, Minnesota's job market ramps up in April
The state added 4,500 jobs in April, and the unemployment rate held steady at 2.8%.
3M fires longtime exec for inappropriate personal conduct
Michael Vale had been with the company for more than 30 years, most recently as its group president and chief business and country officer.
Downside of higher pay? Fewer hours, fewer jobs, Twin Cities minimum wage study says
The policy changes led to 5,400 fewer jobs in Minneapolis and 3,800 fewer jobs in St. Paul, according to researchers
St. Louis Fed chief tells Minnesota audience slow growth is more likely than a recession
James Bullard, a Minnesota native, shared his economic thinking in a Friday conversation with Minneapolis Fed President Neel Kashkari.