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Business and Economic News

Here's how Trump's tariffs could cost you and your wallet

Here's how Trump's tariffs could cost you and your wallet

Trump has slapped 25 percent tariffs on goods from Canada and Mexico — and an additional 10 percent tax on Chinese goods. Americans are likely to see higher prices on a wide variety of products as a result.
by Laurel Wamsley

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Target posts strong Q4 profits and sales, but warns of cautious spending as tariffs take hold

Target posts strong Q4 profits and sales, but warns of cautious spending as tariffs take hold

Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs and other costs.
by The Associated Press

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Minnesota lawmakers get budget update that won’t include full scope of Trump federal pullbacks

Minnesota lawmakers get budget update that won’t include full scope of Trump federal pullbacks

Legislators are already weighing the ways they might have to bridge budget gaps if federal officials cut funding streams to Minnesota. A new economic forecast is released on Thursday.
by Dana Ferguson

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Anti-DOGE protests at Tesla stores target Elon Musk's bottom line

Anti-DOGE protests at Tesla stores target Elon Musk's bottom line

Demonstrators have gathered outside Tesla stores across the U.S. to protest the automaker’s billionaire leader, Elon Musk. Protesters are targeting Musk over his push to slash government spending on behalf of President Donald Trump.
by The Associated Press

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Minnesotan rehired after losing Forest Service job in Colorado

Minnesotan rehired after losing Forest Service job in Colorado

Emma Schultz, who is originally from Roseville, was terminated from her position — but a supervisor notified her over the phone that she had been terminated by mistake because her job had been deemed “mission critical.”
by Mathew Holding Eagle III

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