Finance & Commerce
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Latest posts
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Immigrant construction workers still wary after Minnesota ICE surge
Minnesota construction companies report lingering workforce disruptions as foreign-born workers remain fearful months after the ICE surge and Operation Metro Surge.
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Top Women in Finance 2026: xxxx
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Downtown Minneapolis boosters target Nicollet Mall’s 235,000 vacant square feet
Minneapolis Downtown Council targets 235,000 vacant square feet on Nicollet Mall with a plan to attract retail, dining and entertainment businesses.
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Manna Capital, Curbline buy west metro properties
Manna Capital and Curbline Properties bought west metro commercial properties in St. Louis Park and near Ridgedale Mall for a combined $43.5 million. (144 characters)
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U.S. construction spending tumbles 1.9% in September
U.S. construction spending fell 1.9% in September, driven by declines in residential renovation projects amid rising mortgage rates, the Commerce Department reported.
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Sustainable: Architect electrifies historic Uptown building
Elizabeth Turner converted a historic Minneapolis Uptown building to all-electric heating and cooling, creating a model for commercial electrification.
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Sectors brace for pivot as elections loom
A potential Democratic sweep could benefit clean energy and housing stocks while increasing scrutiny of AI, finance, defense and crypto sectors.
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AI-powered cyberattacks raise risks for banks, critical systems
AI-assisted cyberattacks are exposing banks and critical infrastructure to new risks as advanced tools make sophisticated hacking easier.
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Trump and Carney outline potential U.S.-Canada trade deal
Trump and Canadian Prime Minister Mark Carney advance trade talks that could address tariffs and revive Keystone XL, with major implications for energy markets.
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Democrats eye tariff rollbacks and Trump trade policy oversight
Democrats eye tariff rollbacks and investigations if they win Congress, but Trump's veto power could preserve his trade agenda and business uncertainty.
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U.S. manufacturing growth accelerates as factory inflation persists
U.S. manufacturing activity accelerated in October as the ISM index reached 55.5, but rising factory costs and interest rates threaten growth.
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Twin Cities housing permits fall 23% in October as Rochester surges
Twin Cities housing permits fell 23% in October 2026, while Rochester saw strong apartment activity with 334 units permitted across two major projects.
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Q&A: U of M study and the rent effects from new apartments
A U of M study finds new apartment construction can lower nearby high-end rents while raising rents at lower-end properties by 3% to 5%.
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Kennedy Center hiring of small Minnesota firm draws scrutiny
Minnesota architecture firm ATSR was selected to oversee the Kennedy Center's $257 million renovation, drawing scrutiny over procurement practices.
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Just Sold: Pickleball firm in bankruptcy sells center
Quantum Acquisitions bought Blaine’s Rainbow Village retail center as The Picklr bankruptcy reshapes pickleball plans. Investors acquired Parkway Gardens senior housing in St. Paul.
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Data challenges Fed chief’s not-too-hot view
U.S. GDP expanded 3.4% as inflation accelerated, increasing expectations for additional Federal Reserve rate hikes and higher borrowing costs.
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Wall Street firms target AI data centers with long-term leases
Blue Owl, Ares and Blackstone are investing in AI data centers, using long-term leases to manage risk amid a projected $5 trillion spending boom.
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U.S. labor costs slow as wage growth moderates in third quarter
U.S. labor costs rose 0.8% in the third quarter as wage growth slowed, potentially easing inflation pressure on the Federal Reserve.
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Marshfield extends deal with developer of former shoe factory
Seranova gets more time to pursue a $31M Marshfield factory redevelopment that would create 83 apartments with rents tied to local incomes.
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Great States buys again in North Loop
Great States Development bought Minneapolis’ 46-unit Phoenix North Loop property and will rebrand it Brunsfield North Loop. The sale price was not disclosed.