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Business and Economic News

Keystone oil pipeline shutdown could quickly lead to higher gasoline prices

Keystone oil pipeline shutdown could quickly lead to higher gasoline prices

The nearly 2,700-mile Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, halting the flow of millions of gallons of crude oil from Canada to refineries in the U.S. and potentially leading to higher gasoline prices.
by The Associated Press

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As cost of new products rises, many thrifty shoppers look to secondhand

As cost of new products rises, many thrifty shoppers look to secondhand

President Trump has said tariffs will counter imbalance in the country’s trade partnerships, but experts have warned this could lead to higher costs for American businesses and consumers — which could mean more people shop secondhand.  
by Alex Haddon

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City of St. Paul condemns downtown parking ramp, closes skyway connections

City of St. Paul condemns downtown parking ramp, closes skyway connections

The city of St. Paul has condemned a major downtown parking ramp, alleging the building owner has not been properly maintaining the facility. The ramp is owned by Madison Equities, which walked away from the nearby Alliance Bank Center last month.
by MPR News Staff

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U.S. stocks fall again, wiping out earlier gains as Trump tariff shock remains

U.S. stocks fall again, wiping out earlier gains as Trump tariff shock remains

After major slides in equity trading across the world, any slight uptick in stock prices will only repair part of the destruction of trillions of dollars in investor wealth over the past few days.
by Willem Marx

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'Every day, every single customer': Tariffs hit close to home inside Asian grocers

'Every day, every single customer': Tariffs hit close to home inside Asian grocers

Asian grocery stores are a lifeline to the communities they serve. But store owners say the prospect of sweeping tariffs are threatening their ability to stock up on goods and keep prices affordable.
by Juliana Kim

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Trump threatens more tariffs on China as global markets plunge

Trump threatens more tariffs on China as global markets plunge

President Donald Trump says he's considering additional tariffs on China. The Republican president's threat came Monday after Beijing retaliated against his announcement of tariffs last week.
by The Associated Press

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