Recent content from Kavita Kumar
Minnesota rolls out $25M small business loan participation program
It's the sixth and final program to launch as part of the $97 million State Small Business Credit Initiative.
Manufacturing indexes turn negative for the first time since spring 2020
One survey also showed Minnesota's firms signaling contraction in November.
U.S. Bancorp completes $8 billion acquisition of West Coast's MUFG Union Bank
The purchase gives Minneapolis-based U.S. Bank a much bigger presence in California, Oregon and Washington.
State unveils program for businesses to use robots to address workforce shortages
The $12.5 million automation loan program is the fifth announced so far as part of $97 million small business initiative.
Minnesota exports rose to an all-time high this fall
However, the state is slightly trailing the growth of U.S. exports over the first nine months of the year.
This Minnesota city has the lowest unemployment rate for any metro in U.S.
Six cities in the state or on its border are among the 20 best for jobs right now.
Minnesota added 17,400 jobs in October, most in 2022
The state's job growth rate outpaced the national rate, a rarity because Minnesota's labor market has been so tight.
Despite buzz about layoffs, many Minnesota firms still eager to hire
Job postings remain elevated and jobless claims low. The state's latest jobs data comes out Thursday.
Edward Prescott, Nobel-winning economist at U and Minneapolis Fed, dies at 81
He was one of the "four horsemen" of the U's economics department, three of whom won Nobel Prizes.
Minneapolis tech firm Code42 lays off 15% of workforce
While job cuts at tech companies seem to be picking up, overall layoffs remain quite low.