Kavita Kumar
Star Tribune
Minneapolis, MN, United States
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Past articles by Kavita:
Racial disparity in household incomes of Minnesotans is starting to narrow
However, a big gap remains in the median income between Black and white households in Minnesota. → Read More
Minnesota added 19,100 jobs in July while jobless rate remained at historic low
It was a big jump upward after slow hiring in June. → Read More
Kashkari stakes out the most aggressive stance on lifting interest rates
At an event in Colorado, the Minneapolis Fed chief reveals his rate projections. Fed data shows he is more hawkish than others on the central bank's rate-setting committee. → Read More
On a day when recession is debated across U.S., Minnesota's economy also sends mixed signals
Minnesota's second-quarter growth won't be known until September. Business execs and analysts see a state "in a period of flux." → Read More
Can you still find lunch in the Minneapolis skyway for $10? Yes, but it's not easy
Some workers returning to downtown offices do double-takes when at their old lunch spots. → Read More
Affinity Plus credit union reduces or eliminates some overdraft fees
Several big banks have made similar moves under pressure from lawmakers and consumer advocates → Read More
Minnesota has the nation's second-lowest jobless rate. Is that good?
For workers, the low unemployment rate should provide leverage. For the broader economy, new costs set in. → Read More
Inflation in Twin Cities soared 8.7% since a year ago, a step faster than in the U.S. overall
Food prices rose more quickly in the metro region, but gas prices have soared more across the country. → Read More
Job vacancies in Minnesota outnumber jobless workers more than 2 to 1
Though the data is for the end of 2021, it reinforces the picture of a very tight labor market in the state. → Read More
Minnesota's unemployment rate falls to record low of 2.2%
The state's jobless rate was down three-tenths of a point from 2.5% in March. → Read More
Target, other retailers say consumer spending is fine, but investors see a turning point at hand
Retail stocks plunged as investors looked beyond recent data that shows consumers are defying inflation. → Read More
Judge removes trustee at Otto Bremer Trust who pushed hardest for sale of Bremer Bank
Brian Lipschultz must step away immediately from the trust, which owns Minnesota's fourth-largest bank. → Read More
U.S. Bank reopens branch on Lake Street that was destroyed in 2020 riots
U.S. Bank views the rebuilt branch as a "flagship" location because of its larger size and high customer volume. → Read More
Minnesota's jobs comeback gains momentum, with 10,200 added in January
The state unemployment rate dropped to 2.9% that month, despite the surge in the omicron variant. → Read More
Gas, food prices expected to rise in Minnesota due to Russian attack on Ukraine
War in Europe complicates the Federal Reserve's effort to cool inflation without throwing the U.S. into recession. → Read More
Bruce Erickson, paleontologist at Science Museum of Minnesota, dies at 91
The Science Museum's longtime curator of paleontology helped it amass an impressive trove of fossils. He died on Jan. 16 at age 91. → Read More
Inflation hits Minnesota's smaller cities and rural areas harder than Twin Cities
Less-populated areas of the Midwest are seeing prices rise faster than urban areas and the coasts. → Read More
U.S. Bank eliminates some overdraft fees
Other banks have begun making similar moves in recent weeks. → Read More
Minnesota stops requiring child care providers to quarantine kids exposed to COVID-19
The state will no longer require child care providers in Minnesota to quarantine students and staff who were in contact with someone testing positive for COVID-19. The change to state licensing requirements is "effective immediately." → Read More
Minnesota's manufacturers see more growth ahead in 2022 despite challenges
The state's manufacturing sector outpaced nearby states in the recovery from the 2020 recession. → Read More