U.S. import prices rose 1.1% in September, exceeding economists’ 0.8% forecast. Annual import-price inflation reached 8.1%, the largest increase since July 2022. Imported fuel prices climbed 4.8%, ...

Tradehome Shoes plans a 165,000-square-foot headquarters and distribution center on a vacant 13-acre site at Jamaica Avenue and 100th Street in Cottage Grove. The proposed facility would include ...

Granger Group plans up to $400 million in redevelopment across at least four downtown Lansing properties. One Michigan Avenue will become Granger Place, with office upgrades and a potential ...

Federal Reserve Governor Lisa Cook expects continued inflationary pressure from AI-related demand, higher oil prices and Middle East supply-chain disruptions. Cook stopped short of endorsing another ...

The AI buildout is projected to consume 3.6% of U.S. GDP annually through 2032, totaling more than $10 trillion. AI infrastructure investment could exceed the relative cost of the historic U.S.

Financial markets expect the Federal Reserve to raise its benchmark interest rate by a quarter percentage point. Elevated inflation and oil prices above $100 a barrel are adding pressure for tighter ...

The Harlan sold for $41.4 million, or about $267,225 per unit. AV Development originally built the 155-unit Oakdale property in 2024. A local private investor made its first Twin Cities multifamily ...

Twin Cities metro cities permitted 1,279 new housing units in August, up 41% from a year earlier. Multifamily permits surged 112% to 743 units, while single-family permits fell 3% to 536 homes. 6,227 ...

RWE will receive $1.2 billion from a federal fund after giving up three offshore wind leases. About $900 million of the payout will fund RWE’s purchase of a stake in Louisiana LNG. The stake is being ...

Zillow and Redfin settled an FTC and state lawsuit over a $100 million rental listing agreement. Redfin will resume its rental advertising business within six months while continuing to display Zillow ...

The senior housing property has 123 units for independent living, assisted living and memory care. The acquisition brings Vincent Companies’ senior housing portfolio to 16 properties. Gable Pines has ...

Treasure Island adds new housing after decades of delays. About 1,000 homes are now complete. Another 7,000 units are planned. Development faces costs, lawsuits and infrastructure challenges. SAN ...