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Money

Electric vehicle sales in Minnesota are losing steam. Could gas prices change that?

Electric vehicle sales in Minnesota are losing steam. Could gas prices change that?

Data shows the number of Minnesotans buying electric dropped by 50 percent in the last few months of 2025. Minnesota Automobile Dealers Association President Scott Lambert said high gas prices are unlikely to reverse the trend.
by Nina Moini and Aleesa Kuznetsov

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High gas prices encourage commuters to look at biking, public transit

High gas prices encourage commuters to look at biking, public transit

Since the start of the war with Iran at the end of February, gas prices have risen from around $2.80 to over $4. The spike in fuel costs have encouraged Minnesotans to look for other ways to get around.
by Matt Mikus

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Tax breaks for data centers? Minnesota cities weigh incentives to lure the mega-projects 

Tax breaks for data centers? Minnesota cities weigh incentives to lure the mega-projects 

Hermantown officials are expected to vote Monday night on a proposal to extend tax incentives to Google in exchange for city and school funding and infrastructure costs — and the largest private investment in the city’s history.
by Dan Kraker

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'It's very overwhelming': Minnesota drivers make tough choices at the gas pump as prices rise

'It's very overwhelming': Minnesota drivers make tough choices at the gas pump as prices rise

A gallon of regular gas is about $3.99 in Minnesota, with some Twin Cities gas stations charging more than $4 a gallon on Wednesday. The national average is about $4.30 a gallon.
by Regina Medina

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Costs could squeeze Minnesota farmers long after Strait of Hormuz reopens

Costs could squeeze Minnesota farmers long after Strait of Hormuz reopens

The Strait of Hormuz, a vital trade passageway, remains virtually closed amid the war in Iran. That’s driven up the prices of key agricultural necessities, which could remain high into next year.
by Tadeo Ruiz Sandoval

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Workers lose $240 million during ICE surge, survey estimates

Workers lose $240 million during ICE surge, survey estimates

Workers in the Twin Cities lost an estimated $244 million in wages during the ICE surge while businesses lost $610 million in revenue.
by Matt Sepic

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Businesses can claim refunds starting Monday for Trump tariffs declared unconstitutional

Businesses can claim refunds starting Monday for Trump tariffs declared unconstitutional

A refund system for businesses that paid tariffs which the U.S. Supreme Court eventually struck down is scheduled to launch on Monday. U.S. Customs and Border Protection says importers and their brokers will be able to begin claiming refunds online beginning at 8 a.m.
by The Associated Press

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