Business and Economic News

Asia markets soar, after President Trump pauses global tariffs
Asia markets followed Wall Street’s gains after Trump announced a pause on higher global tariffs, but investors are still looking to Beijing for reaction.
U.S. stocks soar after Trump pauses most tariffs
U.S. stocks surged on Wednesday after President Donald Trump announced a 90-day pause on the higher tariffs he had imposed on most countries — except for China.
'We're already on thin margins': Minnesota retailers react to the potential global tariffs
The severe change in economic policy has rocked financial markets globally. But how could these tariffs affect markets in Minnesota? Two retailers expressed their disappointment and hope.
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.
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.  
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.
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.