economy

Fargo-Moorhead deals with economic impact of coronavirus

Businesses in trouble are encouraged to reach out to their banks for assistive programs

FARGO, N.D. — In the wake of the coronavirus pandemic, many businesses in the Fargo-Moorhead area are left struggling. “If a business is still operating, sales are down 60-70%,” said Downtown Community Partnership President/CEO, Melissa Brandt. “Some have found creative ways to sell their product online or are offering pickup or takeout. Others have made the tough decision to lay…

Local Financial Expert Talks About Continuing Hit To Wall Street

Markets Fall With Continued Response To Fighting Coronavirus Around The Globe

FARGO, N.D. — Stocks fall about 3% on Wall Street after Congress hit another roadblock in talks to inject nearly $2 trillion into the economy. We asked president and financial advisor at Legacy Wealth Management, Paul Meyers, if people should be concerned about their 401k or investments now? “Our advice to our followers is that uh, be reviewing your account,…

Financial experts forecast coronavirus impacts on economy

Flynn Says UND Will Be Releasing Research Data And Financial Estimates For The Coronavirus Later Next Week

GRAND FORKS, N.D. — The emergency declaration by President Trump and by both North Dakota and Minnesota are leaving businesses and people worried about their future. UND Economics and Finance Professor David Flynn says the virus is making some waves in every part of the economy. “I think we will be in for a period of volatility whether you wanna…

Gov. Burgum calls Fargo hottest job market in the country at Economic Outlook Forum

The event featured several speakers, including Forbes publisher Rich Karlgaard and Gov. Doug Burgum

FARGO, N.D. — The Chamber’s 2020 Economic Outlook Forum highlights the metro as one of the best places to live based on local economic trends. The event featured Forbes publisher and North Dakota native Rich Karlgaard as keynote speaker. He explored various factors impacting the economy, from technology to energy and workforce trends. Gov. Doug Burgum says Fargo is the…

Former UND Hockey Player Announces Run For Mayor In Grand Forks

Mayor Brown has been in office since 2000

GRAND FORKS, N.D. — A former NHL and UND Hockey player is throwing his hat into the race for mayor of Grand Forks. Brandon Bochenski announced he would try and replace Mayor Michael Brown Bochenski says he’s focused on helping grow the city he says has been stalling under Brown. He says he will put an excitement and a burst…

Women Involved In Farm Economics Holds Annual Convention

This is the 43rd annual convention for the organization

FARGO, N.D. — Women Involved In Farm Economics, or WIFE, held their 43rd Annual National Convention at the Expressway Suites In Fargo. For WIFE Vice President Jennifer Jones, this year’s convention is tackling a range of issues, including low commodity prices, tariffs, monopolies and the high suicide rate for farmers. “We are all small–time farmers trying to make it. These…

North Dakota Travel and Tourism Week Begins

Tourism is the state's third-largest industry

BISMARCK, ND — This is the start of “North Dakota Travel and Tourism Week” as declared by Gov. Doug Burgum. He says tourism plays a significant role in growing our economy, generating revenue for thousands of tourism-based businesses and helping to attract and retain a 21st century workforce. In 2015, 22 million people visited North Dakota spending just over 3 billion…

Mayors From Around Region Gather At Summit on Entrepreneurship

They learned about ways they can foster innovation in their communities

FARGO, N.D. — The Mayors’ Summit for Entrepreneurship brought mayors from around the region together to learn about ways they can bolster their economies. “This is a region that’s been built by entrepreneurs. We’re just trying to continue the legacy of those folks and keep supporting new ventures,” Greg Tehven, co-founder of Emerging Prairie, said. Some of the key points were…

Trump Jr. Talks Oil Industry, Economy at N.D. Petroleum Council Meeting

He also urged people to vote in the midterm elections

FARGO, N.D. — President Trump was in town just a couple of weeks ago, and now his son is in Fargo to give a speech to the North Dakota Petroleum Council meeting. In a talk called “Unleashing America’s Economy,” Donald Trump Jr. spoke about what he considers his father’s accomplishments and why it’s so important to vote in the midterm…