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Business and Economic News

Farm income is declining in the Upper Midwest

Farm income is declining in the Upper Midwest

A survey of lenders said farm incomes were down in the fourth quarter of 2025 and will stay down into 2026.
by Harshawn Ratanpal

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Near record high gold and silver prices make coin and jewelry exchange shops busy

Near record high gold and silver prices make coin and jewelry exchange shops busy

The Olympic Gold and silver medals some Minnesota athletes are pursuing are worth more than ever this winter, thanks to skyrocketing gold and silver prices. While the prices have dropped somewhat from record highs reached in late January, they’re still much higher than a year ago, as uncertainty about the economy drives investors towards more stable options.
by Noah Bloch

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House votes to slap back Trump's tariffs on Canada in rare bipartisan rebuke

House votes to slap back Trump's tariffs on Canada in rare bipartisan rebuke

The House has voted to slap back President Donald Trump’s tariffs on Canada. The tally offered a rare rebuke of the White House agenda, though it wouldn’t actually undo the tariffs without support from Trump himself, which is highly unlikely.
by The Associated Press

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Trump orders some U.S. coal plants to keep operating. Will Minnesotans foot part of the bill?

Trump orders some U.S. coal plants to keep operating. Will Minnesotans foot part of the bill?

Electricity customers in 15 Midwest states, including Minnesota, might bear the costs of continuing to operate a Michigan coal plant. A week before it was scheduled to shut down, the U.S. Department of Energy ordered it to keep running, citing a possible electricity shortage.
by Kirsti Marohn

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Target CEO reshapes his leadership team in first big move since taking over this month

Target CEO reshapes his leadership team in first big move since taking over this month

Target CEO Michael Fiddelke is reshuffling his leadership team and making other changes shortly after stepping into the top job at the retailer that has struggled operationally. Rick Gomez, the 23-year Target veteran who oversees the chain’s vast inventory of merchandise, will leave the company.
by The Associated Press

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Silicon Tundra? Tech startups eye testing autonomous vehicles in northern Minnesota

Silicon Tundra? Tech startups eye testing autonomous vehicles in northern Minnesota

Anno.Ai and Spear.Ai want to build infrastructure to allow companies to test technologies ranging from unmanned submarines in Lake Superior to autonomous vehicles navigating abandoned underground mines on the Iron Range. 
by Dan Kraker

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Minnesota's construction industry is feeling the impact of ICE

Minnesota's construction industry is feeling the impact of ICE

The construction industry is taking a hit from immigration enforcement activity in Minnesota. MPR News host Angela Davis talks about the impact of workers staying home, short-staffed subcontractors and how its affecting the building trades.
by Angela Davis, Chris Farrell and Maja Beckstrom

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