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Business and Economic News

The U.S. is facing a severe housing shortage. Will Trump's proposals help?

The U.S. is facing a severe housing shortage. Will Trump's proposals help?

The U.S. is short approximately four million homes. Wharton economist Ben Keys traces the beginning of the housing crisis to the 2008 financial meltdown — and says climate change is making things worse.
by Tonya Mosley

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Local TikToker says she would lose majority of her business if app was banned

Local TikToker says she would lose majority of her business if app was banned

Data from TikTok and Oxford Economics found around 70,000 businesses in Minnesota use TikTok for promotional purposes. And a third of the small businesses in the state say that using TikTok is at the crux of their business structure.
by Nina Moini and Ellen Finn

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Data centers spark opposition from residents, concerns over energy use

Data centers spark opposition from residents, concerns over energy use

Tract, a development company based in Colorado, is proposing to build the $5 billion project for an undisclosed company, one of several data centers under construction or planned in Minnesota.
by Kirsti Marohn

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Bankruptcy judge rejects The Onion's bid for Infowars

Bankruptcy judge rejects The Onion's bid for Infowars

The bidder that lost last month's auction of conspiracy theorist Alex Jones' assets had complained that the process was rigged and "fatally flawed."
by Tovia Smith

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‘Waste, fraud and abuse’ are words that will ring through Minnesota Capitol in 2025

‘Waste, fraud and abuse’ are words that will ring through Minnesota Capitol in 2025

As clouds form in Minnesota’s budget outlook, state lawmakers in both parties say they’ll work to squeeze out savings from programs missing the mark. But how much of a dent would that make?
by Clay Masters

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Top 'Washington Post' editor kills article on deputy's departure

Top 'Washington Post' editor kills article on deputy's departure

Washington Post Acting Executive Editor Matt Murray killed a story about the departure of a veteran and popular editor for a senior position at the New York Times.
by David Folkenflik

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Backers of proposed resort expansion near Ely drop plans amid state lawsuit

Backers of proposed resort expansion near Ely drop plans amid state lawsuit

Backers of a proposed $45 million expansion of Silver Rapids Lodge near the Boundary Waters Canoe Area Wilderness have dropped their plans after a lawsuit from the Minnesota Department of Natural Resources.
by Dan Kraker

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Duluth chooses Arizona agency over local firms to market the city to tourists

Duluth chooses Arizona agency over local firms to market the city to tourists

The Duluth City Council voted 8-1 Monday night to award a multimillion-dollar tourism marketing contract to a company based in Tucson, Ariz., over objections from some in the business community who wanted the city to hire a local firm.
by Dan Kraker

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