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Business

Business Briefs for Nov. 4

Langseth new addition to Andrew Suby State Farm Andrew Suby State Farm welcomes Paris Langseth to its team. Langseth is licensed in property, casualty, and bank. She was born and raised in Rosemount. After living in Worthington for 10 years, she now lives in Marshall with her husband and four ...

Business Briefs for Oct. 14

Hoff of Balaton is one of 34 people selected for the statewide training for Partners in Policymaking Chosen from a statewide pool of applicants, Balaton resident Elizabeth Hoff has been accepted into the eight-month Minnesota Partners in Policymaking leadership training, which starts ...

Fed approves rules loosening Dodd-Frank bank restrictions

WASHINGTON (AP) — The Federal Reserve is easing restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump. The Fed on Thursday approved a set of rule changes that implement legislation passed by Congress last year ...

Retiree checks to rise modestly amid push to expand benefit

WASHINGTON (AP) — Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection. The increase amounts to $24 a month for the ...

Stocks climb for second straight day on US-China trade optimism

Stocks closed broadly higher on Wall Street for the second straight day Thursday as the U.S. and China kicked off a new round of negotiations in their long-running trade war. Technology companies and banks led the rally as investors turned hopeful that the 13th round of trade talks will bring ...

US stocks fall; S&P 500 ends with 2nd straight weekly loss

Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. Technology companies led the broad slide as investors weighed a report saying the Trump ...