North Dakota’s Wonder Fund — once pitched as a bold strategy for homegrown economic growth — is drawing sharp scrutiny as two of its high-profile investments falter. A lawsuit claims one company, HerdDogg, only maintained a token presence in the state, while[...]
Section: Business & Economy
Curio |
Game Theory Explains How Algorithms Can Drive Up Prices
Algorithms may not meet in smoke-filled back rooms, but they’re increasingly shaping the prices we all pay—and sometimes in ways that look a lot like collusion. Researchers are finding that even ‘benign’ learning systems can nudge each other toward higher prices without[...]
News |
North Dakota investment board delays action on $1.3 million in employee bonuses
North Dakota’s State Investment Board hit pause Friday on a proposal to award more than $1.3 million in bonuses to staff who helped the state’s top funds beat their benchmarks by a wide margin. The payouts would be the first since lawmakers[...]
News |
2025 NDSF shatters records; Organizers reveal theme, new tech, and upgrades for 2026
After a record-breaking summer, the North Dakota State Fair isn’t coasting — it’s gearing up for an even bigger sequel. Organizers say the 2025 fair set new highs in attendance, spending, and reach, drawing visitors from every state and beyond. Now they’re[...]
News |
New ranch project brings visitors closer to Bully Pulpit Golf Course
Medora is gearing up for another leap forward, as the Theodore Roosevelt Medora Foundation unveils plans for a new lodging and event development alongside the Bully Pulpit Golf Course. The Ranch at Bully Pulpit will bring cabins, an event center, and a[...]
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News Release |
Tax Commissioner Releases Third Quarter 2025 Taxable Sales Data
Tax Commissioner Brian Kroshus has announced that North Dakota’s taxable sales and purchases for the third quarter of 2025 decreased by 0.48 percent compared to the same period in 2024. For July, August, and September of 2025, taxable sales and purchases totaled[...]
News |
USDA Data Undercuts Claims of Major Chinese Soybean Purchases
China’s promised return to the U.S. soybean market is looking far less certain now that the latest USDA data is out. Instead of the millions of tons officials touted after last month’s Trump–Xi meeting, the numbers show only two confirmed Chinese purchases[...]
News |
Trump drops tariffs on beef, coffee, tropical fruit
President Trump’s decision to roll back tariffs on everyday staples marks one of the sharpest shifts of his second term, and it comes at a moment when voters are feeling the strain of high grocery bills. Beef, coffee, spices, fruit, even fertilizer—all[...]
News |
US Mortgage Rates Rise Slightly, Sending 30-Year Loans to 6.24%
Mortgage rates ticked up again this week, adding a little more strain to buyers already weighing a shaky economy. Freddie Mac reports the average 30-year fixed loan at 6.24%, a slight rise that comes even as rates sit well below last year’s[...]
News |
An economic data blackout is about to lift
After six weeks of silence, the nation’s economic pulse is about to be heard again. The longest government shutdown in history has frozen the release of vital statistics — no jobs reports, no inflation data, no GDP growth numbers — leaving economists[...]
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News |
Minot-Franchise Rocky’s Burgers, Franks & Fries now open in south Fargo
Rocky’s Burgers, Franks & Fries has made its way to Fargo, marking a quick expansion for a brand that got its start in Minot just one year ago. Led by longtime restaurateur Mike Sartwell, Rocky’s mixes big-city flavors — including a New[...]
Curio |
As Canadians visit and spend less, Kalispell, Montana looks to lure them back
Canadian travel to the U.S. has been slipping for months, but the impact is hitting places like Kalispell (an Minot) particularly hard. After years of relying on Canadian visitors to fill hotels and storefronts year-round, the Flathead Valley is now seeing steep[...]
News |
‘Sky is done falling,’ North Dakota rancher says of dropping cattle prices
North Dakota rancher August Heupel has yet to sell any of the beef calves he has raised this year, so far avoiding the recent drop in prices that was fueled in part by comments from President Donald Trump on importing beef. Heupel[...]
News |
US social costs of plastics may total over $1 trillion annually, report finds
A new Duke University analysis puts a striking price tag on America’s plastic problem, estimating that production, use, and disposal saddle the country with up to $1.1 trillion in hidden social costs each year. Most of that burden falls on public health,[...]
Curio |
Young entrepreneurs shine at Children’s Business Fair in Steinbach
Clearspring Centre in Steinbach, Manitoba may be a long drive from Minot, but the spirit behind its Children’s Business Fair strikes close to home. The event drew 45 young vendors this year, each testing out the basics of entrepreneurship with handmade crafts,[...]
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Curio |
Cedar Rapids Metro Economic Alliance remote worker recruitment campaign meets new resident goal months early
Cedar Rapids set out to test whether a modest incentive could nudge remote workers toward eastern Iowa. It worked better — and faster — than expected. After launching a pilot program this summer, the Metro Economic Alliance hit its goal of 15[...]