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Top News & Analysis Minnesota

  • WASHINGTON, July 6- More than one-third of U.S. states on Thursday sued the U.S. Education Department and Secretary Betsy DeVos over the recent suspension of rules that would have swiftly canceled student-loan debt of people defrauded by Corinthian Colleges Inc and other for-profit schools. Massachusetts, 17 other states and the District of Columbia said in a...

  • WASHINGTON, July 6- More than one-third of U.S. states on Thursday sued the U.S. Education Department and its secretary, Betsy DeVos, over a recent decision to suspend rules intended to speedily cancel student-loan debt of people defrauded by for-profit Corinthian Colleges Inc and others. Massachusetts, 17 other states and the District of Columbia said in a...

  • PARIS/ SYDNEY, July 3- Chicago wheat futures jumped more than 3 percent to their highest in two years on Monday as forecasts for continued dry weather in key U.S. growing regions stoked fears of production losses. The most-active wheat contract on the Chicago Board of Trade was up 3.2 percent at $5.42-3/ 4 a bushel at 1016 GMT, after rising up to 4 percent to $5.47-1/ 4 a...

  • June 30- The Minneapolis City Council approved a measure on Friday requiring large companies to pay workers least at $15 an hour by 2022, following moves by other liberal-leaning U.S. cities to raise the minimum wage. The pay hike will be phased in citywide by 2024 and makes Minneapolis the first city in the Midwest to set a timetable for a $15 minimum wage.

  • June 30- The Minneapolis city council approved a measure on Friday requiring large companies to pay workers least at $15 an hour by 2022, a 58 percent increase, joining a trend by liberal-leaning cities across the country to boost living standards for low wage earners. The measure, approved by a vote of 11 to 1, will extend the required $15 minimum to smaller...

  • June 30- The Minneapolis city council approved a measure on Friday requiring large companies to pay workers least at $15 an hour by 2022, a 58 percent increase, joining a trend by liberal-leaning cities across the country to boost living standards for low wage earners. The measure, approved by a vote of 11 to 1, will extend the required $15 minimum to smaller...

  • The surge in spring wheat futures on the Minneapolis Grain Exchange also lifted Chicago Board of Trade wheat to a one-year peak and buoyed corn and soybeans as well. CBOT July corn ended up 3 cents at $3.59-3/ 4 a bushel and July soybeans rose 1-1/ 2 cents to $9.15-1/ 2 a bushel. MGEX July spring wheat settled up 36-1/ 2 cents at $7.41-1/ 4 a bushel after reaching $7.59-3/ 4,...

  • The surge in spring wheat futures on the Minneapolis Grain Exchange also lifted Chicago Board of Trade wheat to a one-year high and buoyed corn and soybeans as well. As of 12:08 p.m. CDT, CBOT July wheat was up 25-1/ 2 cents at $4.82-3/ 4 per bushel after reaching $4.83-1/ 2, the highest spot price in a year. CBOT July corn was up 4-1/ 4 cents at $3.61 a bushel and July...

  • PARIS/ SINGAPORE, June 29- U.S. spring wheat futures charged to a new three-year high on Thursday as investors anticipated parched conditions in the northern U.S. The latest gains for spring wheat prices on the Minneapolis Grain Exchange also triggered a sharp rise in Chicago wheat futures, the benchmark for global wheat markets. U.S spring wheat futures were up...

  • PARIS/ SYDNEY, June 28- Chicago wheat edged higher on Wednesday, supported by a near three-year high for Minneapolis spring wheat, as worries about parched crops in the northern U.S. offset supply pressure from winter wheat harvesting in the northern hemisphere. The most active wheat futures on the Chicago Board of Trade had risen 0.2 percent to $4.70 a bushel by...

  • CHICAGO, June 26- Chicago Board of Trade wheat prices fell about 2 percent on Monday, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week, analysts said. July corn ended up 1-1/ 4 cents at $3.59 a bushel and July soybeans rose 2-1/ 4 cents to $9.06-3/ 4 a bushel. "The wheat price in Chicago has fallen... as part of a consolidation...

  • CHICAGO, June 26- Chicago Board of Trade wheat prices fell about 2 percent on Monday, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week, analysts said. As of 1:03 p.m. CDT, CBOT July wheat was down 8-1/ 2 cents at $4.51-1/ 4 per bushel. July corn was up 1-3/ 4 cents at $3.59-1/ 2 a bushel and July soybeans were up 4 cents at...

  • PARIS/ SYDNEY, June 26- U.S. wheat prices fell on Monday, with Chicago futures retreating from a one-year high and spring wheat edging back from a 2-1/ 2 year top, as the market awaited more indications on crop conditions after adverse growing weather. The most active wheat futures on the Chicago Board Of Trade fell 1.4 percent to $4.66-3/ 4 a bushel by 1054 GMT, pulling...

  • CHICAGO, June 23- MGEX spring wheat futures surged to a 2-1/ 2 year high on Friday and Chicago Board of Trade corn futures dipped to a six-month low in technically driven trade amid an outlook for generally favorable U.S. crop weather, traders said. Soybean futures touched the lowest levels in more than a year as dealers squared positions ahead of the weekend and a...

  • Amid the uncertainty on health care, individual states are taking steps to shore up their own markets. Here's what to expect.

  • HAVANA, June 22- Minnesota's government and businesses will continue to engage with Cuba in the areas they can, like agricultural trade, despite U.S. The first U.S. state representative to make an official visit to Communist-run Cuba since Trump's announcement on Friday, Smith said authorities there were worried about the setback to bilateral relations.

  • U.S. crude futures settled at $42.53, down 98 cents or 2.3 percent, after touching a low of $42.13, the lowest intraday level since August 2016. "The market wants proof that OPEC cuts are shifting petroleum balances, and it's not getting it. Oil prices rose in late 2016 and early 2017 in response to the OPEC agreement, but weeks of surprisingly high inventory figures...

  • NEW YORK, June 21- Oil prices fell about 3 percent to a 10- month low in heavy trading on Wednesday, as nagging fears about the global crude glut fed a sell-off that was interrupted only briefly after news of a larger-than-expected drop in U.S. inventories. "The market wants proof that OPEC cuts are shifting petroleum balances, and it's not getting it.

  • *Healthcare top gainer among S&P sectors. *Oil prices hit seven-month lows. June 21- The Nasdaq Composite index was higher in early afternoon trading on Wednesday, boosted by biotechnology stocks, while the Dow Jones Industrial Average and the S&P 500 were dragged lower by energy and bank shares.

  • *Shares dragged lower by financial, energy sectors. *Oil prices hover near seven-month lows. NEW YORK, June 21- Declines in financial and energy shares weighed on U.S. and European equity markets on Wednesday, while the U.S.