Business and Economic News

Trump going ahead with taxes on $16 billion in Chinese imports
Customs officials will begin collecting the border tax Aug. 23, the Office of the U.S. Trade Representative says. The list is heavy on industrial products such as steam turbines and iron girders.
Musk tweets he may take Tesla private and shares soar
Tesla CEO Elon Musk announced Tuesday that he is considering taking the electric car maker private, causing the company's stock to spike.
Lime scooters say they have the green light in St. Paul
The Lime scooter company said it has the city's permission to start rolling out its two-wheeled standup scooters that are rentable using a smartphone app.
Child care is expensive and hard to find anywhere you live. But those outside cities are hit especially hard.
The new housing crisis: Shut out of the market
Ten years after a housing collapse during the Great Recession, home values have rebounded but there are too few homes on the market. Buyers face intense competition, and that means higher prices.
I-35W shutdown tops Twin Cities weekend road woes, again
Remember what a drag it was last weekend when MnDOT closed that 15-mile stretch of I-35W? The replay starts Friday night. Here's your guide to the weekend's road construction hassles.
China announces $60B of U.S. goods for tariff retaliation
China's government has announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat.
U.S. economy added 157,000 jobs in July; unemployment dips to 3.9 percent
The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady too.