On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Some small business owners say the recession is coming to an end. However for them, it’s not quite the same as it was before.
The economy in nine Midwest and Plains states will likely continue to grow at a slow pace with little chance of another recession, according to a monthly survey of business managers released Monday.
CBS Moneywatch editor at large Jill Schlesinger joined John Hines on the WCCO Morning News to preview the start of a turbulent week on Wall Street
Just a week ago the experts said if the US Congress failed to raise the debt ceiling the stock market would certainly crash and the rating on the US debt would almost certainly be downgraded.
Republican congresswoman Michele Bachmann says that if she’s elected president “it won’t take that long” for her to turn around the ailing economy.
Charitable giving is down in Minnesota, but the state remains one of the most generous in the country.
State agriculture officials say more than 100 dairy farmers have called it quits so far this year.
The day after Thanksgiving is affectionately known as “Black Friday.” It’s one of the busiest shopping days of the year. But expect to see a lot of those door-busting deals earlier this year, due largely to the recent recession.
The Great Recession has had the effect of letting the rich get richer and the poor get poorer, according to a recently released study. Don Shelby says that’s no longer breaking news. But one class of worker is seeing a lot less business.
New figures from the U.S. Census Bureau show poverty and unemployment increased significantly in many Twin Cities suburbs last year.
On Monday, John Hines (in for Michele Tafoya) spoke with Minnesota State Economist Tom Stinson about a report released today that said that the recession ended in June of 2009…