On this day in 2003, the Penguins selected Marc-Andre Fleury with the first overall pick in the NHL Draft... and the rest was history 🌸 Read more: pens.pe/3GajqjJ

A $10 per barrel increase in the price of oil is equivalent to about 25 cents per gallon of gas. The CPI effect is about 0.2% but there are secondary effects if oil price remain elevated on the supply chain. Those increases are in addition to a surge in shipping…

#Corporate #executives engage in #civic affairs when they have strong #relationships with their #business peers. #Minnesota #leaders Christophe Beck, Bill George and Tim Welsh share their advice. See my Twin Cities Business report. tcbmag.com/relationships-…

Bill Salisbury, you are and always will be a legend, a mentor and an example. I am honored to have known you, been around you and learned tremendously from you. ⁦Mary Divine⁩ / ⁦Alex Derosier⁩ thanks for capturing him so well. twincities.com/2025/06/24/obi…

Rest in Peace, Bill Salisbury. You were an inspiration and a source of deep knowledge for the rest of us on the State Capitol beat. You came back to help the Pioneer Press after you retired. We admired your steady temperament and your ability to sort fact from fiction. #mnleg

The final measure of US Q1 GDP came in at -0.5% -->worse than expected. Take a look at consumer spending. It turned out to be a look weaker than initially thought. That's worth watching. It's a similar story with "real final sales to private domestic purchasers," another key

Companies are paying people MORE MONEY TO STAY in a job than they are to new hires. This is highly unusual. Normally "job switches" (aka new hires) get the big pay bumps. But that's not happening right now in the "Great Stay" economy. Since February, job stayers have gotten

One last thing for today. My dad -- columnist Dick Youngblood -- was hired by the Minneapolis Tribune in 1963. We overlapped for a few years. But there has been a Youngblood byline appearing in the local paper steadily for 60-plus years. I'm proud of him and proud of that.

Congrats to all the MN media orgs and journalists recognized at tonight’s MN SPJ Page One awards. We were honored to take home some gold, including Liz Fedor Adam Platt Dan Niepow and our design team.

In May, personal income dropped by 0.4%, the first month-over-month decline in almost 4 years.

Real consumer spending has flatlined so far this year. Americans spent less in May in aggregate than they did at the end of last year, despite their forward buying to get ahead of the tariff-induced price increases. Consumers drive the economic train, and they are throttling

.Grand Casino will light up Xcel Energy Center as the Minnesota Wild #hockey arena gets a new name. The Mille Lacs Band will market its #casino properties via the downtown St. Paul venue. See my Twin Cities Business report. tcbmag.com/grand-casino-a…

Let’s not forget that July 4th is also the anniversary of Lou Gehrig’s epic speech (1939) at Yankee Stadium

Delta CEO Ed Bastian tells CNBC: -Travel demand is slowing among price-sensitive consumers booking economy -US airlines will cut domestic flights "significantly" from mid-August onward -Europe demand has softened too, mostly in economy & moreso among Europeans scrapping US trips

More than 1,000 U.S. counties — one out of three in the nation — do not have the equivalent of even one full-time local journalist. niemanlab.org/2025/07/new-re…

MN Businesses Strategize to Nurture the Headquarters Economy | by ⁦Liz Fedor⁩ in Twin Cities Business⁩ #mnhqeconomy ⁦NYSE 🏛⁩ tcbmag.com/mn-businesses-…

A Giant Has Fallen: David Gergen was not only a great leader, but an intimate friend to Penny and me and so many people. When David Gergen took his final breath last evening, he left a huge hole in my heart - and the hearts of so many he has not only touched but helped along

Real average hourly earnings for all employees decrease 0.1% in June #BLSData bls.gov/news.release/a…

JUST IN: Tariffs are starting to raise prices. U.S. inflation rose 0.3% in June. The annual rate climbed to 2.7%. That’s up from 2.3 % in April and 2.4% in May. Food, energy and rent all playing a big role in the increase in June. Core inflation (which excludes food and

Important point: Wages adjusted for inflation (aka "real wages") decreased in June. One month does not make a trend. And wages are still growing faster than inflation over the past year (albeit more slowly). But this is the impact rising inflation has. It eats away at middle