Yesterday, the Minneapolis/St. Paul Business Journal broke news that Medtronic, Minnesota's eighth-largest company, is cutting 40 local jobs. That development comes less than a month after Gov. Mark Dayton said Medtronic CEO Omark Ishrak personally assured him his company plans to create 1,000 new j ... More >>
Don't like tie games? Well, readers of the New York Times were treated yesterday to a regional battle of another kind -- one of ideas, courtesy of Lawrence R. Jacobs, a political science professor at the U of M. His op-ed for the Gray Lady, entitled "Right vs. Left in the Midwest," looks at the due ... More >>
A few days ago, PolicyMic came out with its list of the "most screwed up thing" in each state.Some make sense. For instance, the piece says binge drinking is the worst thing about Wisconsin. That conforms with our perceptions and with the numbers as well -- the data indicates more Wisconsinites bing ... More >>
On the 12th anniversary of the September 11 attacks, a group called Minnesota 9/11 Truth wants you to think again about what happened that day.SEE ALSO: FEMA yanks Minn. coloring book with 9/11 terror attack image The group has a full-page ad just inside the back cover of today's City Pages print ed ... More >>
In the three months since R.T. Rybak announced he wouldn't seek a fourth term as mayor of Minneapolis, a full cast of characters has emerged to vie for his seat in City Hall. There are the three City Council Members with their history of competition and split votes. There's the sole non-DFL candidat ... More >>
Minnesotans are just hot, period. But recent data indicates our state is particularly hot in the areas of job creation and personal income.SEE ALSO: Economic recovery? What economic recovery? Mpls donut shop hiring... an unpaid internAccording to the latest U.S. Department of Commerce data, per capi ... More >>
Rep. Ryan Winkler, D-Golden Valley, thinks it's about time low-paid Minnesota workers get a raise -- and a big one, at that.SEE ALSO: Mary Franson thinks City Pages blogger should blame his rent increase on Gov. Dayton Winkler's bill to raise the state's minimum wage from $6.15 for large employers a ... More >>
Over the weekend, the Twin Cities' macroeconomy made headlines thanks to new data showing it has bounced back from the recession stronger than any other Midwest metro.SEE ALSO: Minnesota's economic recovery driven by McJobs, not middle-class jobs "Measures of output for the Twin Cities benefit from ... More >>
SEE ALSO:-- The Mpls Federal Reserve breaks down the Great Recession, steady recovery out of it [GRAPHICS]-- Minnesota has regained 48 percent of jobs lost during Great RecessionMinnesota has regained 58 percent of the 147,600 jobs lost during the Great Recession. That puts up ahead of most of the r ... More >>
SEE ALSO: Economic recovery? What economic recovery? Mpls donut shop hiring... an unpaid internOn September 4, North Hennepin Community College is opening a food shelf for its students.While it might seem strange that students who can presumably pay for tuition can't afford $1 a day for PB&J san ... More >>
Wall Street and Washington conspire to destabilize the U.S. economy, one barrel of oil at a time
Chris Fields, Congressman Keith Ellison's Republican opponent for re-election, said in an interview yesterday that Ellison isn't doing enough for black constituents. Fields also claimed Ellison is unpopular with some "prominent Democrats" who have expressed their displeasure to Fields in private b ... More >>
Representing everything you hate about capitalism
Minneapolis is chill, both figuratively and literally (well, it's chilly here most years at least). A new study by Sperling's BestPlace finds that the City of Lakes is the least stressful metropolis in the whole country.The study looked at a variety of factors associated with stress, including su ... More >>
The so-called "right to work" bill was approved by the Senate Judiciary and Public Safety Committee earlier today, but it's unclear whether the measure has enough support to be approved by both the House and Senate.Today's committee vote was 7-6, with Sen. Bill Ingebrigtsen, R-Alexandria, joining ... More >>
As the stock market rises and unemployment decreases, it's easy to lose sight of just how far the now-possibly-recovering economy fell from the pre-September 11 heights of a decade ago.Here's a reminder -- since 2001, the number of Minnesota children living in high-poverty neighborhoods has nearl ... More >>
Mpls' social media job market is very solid. Social media has revolutionized the way we publish and disseminate information. No longer are journalists ink-stained wretches trying to put together a story before a print deadline -- now we're more like carpal tunnel-plagued pixelheads trying to be t ... More >>
A rendering of the Saints' proposed Lowertown ballpark. The project is one of many in Gov. Dayton's $775 million bonding proposal.It isn't $500 million for a new Vikings stadium, but today, Gov. Mark Dayton proposed a bonding bill that would allot $27 in public funds for a new St. Paul Saints bal ... More >>
Tim and Mary Pawlenty, happily signing away all your jobs.First we learned Minnesota is taking all the jobs in America. Now we know that China is taking all of Minnesota's jobs. So, A minus B, minus China, times infinity... soon China will have every single job in America.Well, maybe it's not tha ... More >>
Al Franken says Obama's jobs plan can't survive political wrangling.Al Franken watched the debate to raise the debt ceiling drag on -- and on, and on -- over party politics. Franken doesn't want to see the same thing happen with Barack Obama's new jobs plan, but he fears it might anyway.America's ... More >>
Michele Bachmann's got a plan, she just won't tell us what it is.Barack Obama gave a speech before a joint session of Congress last night, introducing a wide-ranging second stimulus package to jolt the American economy back to life.Michele Bachmann says it wasn't even a plan, and said there are ... More >>
Target, now with less "Super."Target Corporation reported a 5 percent spike in retail sales in the month of August. No matter: Target stock is dropping today.Oh, no. This is it. George Soros bought all that Target stock, and now he's deliberately tanking the company, before he drags the rest of A ... More >>
Michele Bachmann attributes the Wall Street bailout to Obama, not Bush.Michele Bachmann has flunked American history again. "When he came in as the president of the United States," she said of Barack Obama yesterday in South Carolina, "he decided we had to have this $700 billion bailout of Wall ... More >>
srqpixMore peaceful than most states.An organization called the Institute for Economics and Peace has crunched some numbers and some up with the U.S. Peace Index, a ranking of the most peaceful states in America. Minnesota comes in at No. 4. Does this mean we all have to go out to a street ... More >>
Tim Pawlenty at CPAC today doubled down with the Michele Bachmann wing of the Republican party by insisting that, "We should not -- we should not -- raise the debt ceiling." Like Bachmann, he wants to hang the nation's deficit around Barack Obama's neck. And the line got a round of applause ... More >>
Screen grab via TheUptake.Mark Dayton lays out the bad news.Gov. Mark Dayton used his first State of the State speech to summon the unity of post 9/11 America under George W. Bush, extol the Minnesota Miracle, and urge Republicans controlling the Minnesota Legislature to work together for the ... More >>
Andrew CiscelThe economy's recovering, and we live in a great place to find work.The president said last night that after the worst recession most of us have ever known, the economy is growing again. And Michele Bachmann helpfully showed us that unemployment is dropping. Maybe that has somet ... More >>
After getting trounced last year by Sarah Palin, we really thought she had a shot this time around. But once again, Michele Bachmann has been been stiff-armed by the readers of PolitiFact's annual "Lie of the Year" competition. Her whopper:
Thursday's five most fascinating stories printed on wood pulp.
Minnesota's horribly unawesome economy won't be getting better any time soon. Suck it up and deal with it, the Federal Reserve Bank of Minneapolis says.
The University of Michigan released their American Customer Satisfaction Index (ACSI) on Tuesday for the fourth quarter of 2006. So, how did our hometown corporations fare?
Northwest Airlines hasn't paid taxes on its Duluth maintenance facility since May 2005. Yeah, that maintenance facility, the one Minnesota taxpayers built for it in exchange for the airline's promise to create and retain decent jobs for skilled union mechanics.
The incomes of the poorest fifth and the middle fifth of Minnesota families have grown about half as much as the wealthiest fifth since the early 1980s, according to a recent study by the Minnesota Budget Project. Not exactly news, but there are census numbers to back it up.
Here we go again. At least once or twice a year, the folks in the Pawlenty Administration call a press conference, use the economic forecast to paint an artificially rosy picture of the state budget, and spin themselves a windfall of positive publicity. The irony is, if the Governor and his crew str ... More >>
Yesterday's fat Strib was chock-full of ads prepping us for today's annual consumer gluttony. To goose things along, the editors helpfully decided that the day's top story was: Stocks approaching 4-year highs Another way to spin this would have been: "Stocks still haven't matched 20 ... More >>
Housing bubble alert There is a 25 percent chance that the Twin Cities will see a decline in average home value in the next two years, according to a new report from the PMI Group, an international mortgage insurer. In an analysis of the country's 50 biggest housing markets, PMI ranked the Twin Citi ... More >>