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Business and Economic News

Walz unveils $907M infrastructure plan ahead of legislative session

Walz unveils $907M infrastructure plan ahead of legislative session

Minnesota Gov. Tim Walz unveiled a $907 million infrastructure plan Thursday, setting his priorities for a bonding bill ahead of the legislative session that starts next month.
by MPR News Staff

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Minnesota business owners feeling the effects of ICE enforcement actions

Minnesota business owners feeling the effects of ICE enforcement actions

Immigrant-owned businesses across the state are closing or reducing their hours because staff members, even those who are in the U.S. legally, are worried about being profiled and detained by federal ICE and CBP agents.
by Kirsti Marohn, Catharine Richert and Estelle Timar-Wilcox

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A tough shipping season ends with Duluth’s Twin Ports facing stiff economic headwinds

A tough shipping season ends with Duluth’s Twin Ports facing stiff economic headwinds

Shipments of iron ore plummeted in the Twin Ports of Duluth and Superior this year, and closures were announced of key grain and coal terminals as port officials work to find new cargoes. 
by Dan Kraker

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Iron Range prepares for more layoffs

Iron Range prepares for more layoffs

Another round of layoffs are expected for the Iron Range, but the impacts have ripple effects that extend past northern Minnesota.
by Cathy Wurzer and Lukas Levin

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Minnesota’s corporate silence on ICE surge

Minnesota’s corporate silence on ICE surge

Major companies in Minnesota have been largely mum on the immigration enforcement operation in the state.
by Chris Farrell

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Hennepin Healthcare interim leader steps down; board names 2 interim administrators

Hennepin Healthcare interim leader steps down; board names 2 interim administrators

The Hennepin County Board dissolved the Hennepin Healthcare System Board in August 2025 due to a severe financial budget deficit and assumed interim oversight of the state’s largest safety-net hospital. The board intends to begin a search for a permanent CEO later this year.
by Erica Zurek

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DOJ subpoenas the Federal Reserve in an escalating pressure campaign

DOJ subpoenas the Federal Reserve in an escalating pressure campaign

The Justice Department has subpoenaed the Fed over Chair Jerome Powell’s testimony over the central bank’s headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
by Scott Horsley

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