U.S. construction spending fell 1.9% in September, driven by declines in residential renovation projects amid rising mortgage rates, the Commerce Department reported.

Trump and Canadian Prime Minister Mark Carney advance trade talks that could address tariffs and revive Keystone XL, with major implications for energy markets.

Democrats eye tariff rollbacks and investigations if they win Congress, but Trump's veto power could preserve his trade agenda and business uncertainty.

Finance & Commerce provides news, analysis and commentary on Minnesota business. We are the only independent daily newspaper dedicated to business reporting.

Broadway Street Development plans a $100 million, 208-unit affordable housing project in St. Louis Park. The project would replace a vacant 55,000-square-foot former Bremer Bank building at 8800 State ...

Nonresidential construction input costs rose 11.9% year-over-year through September 2026. Diesel fuel prices surged 115%, while aluminum, steel and copper costs climbed sharply. Union construction ...

Investors widely expect the Federal Reserve to hold rates steady this week but potentially raise them again in December. The 10-year Treasury yield has climbed 84 basis points in 2026, its largest ...

Trump ordered FHFA to pilot mortgage insurance cancellation based on current homeowner equity. FHFA will permanently waive title insurance requirements for certain mortgage refinancings. New task ...

RMS Co. plans an $11 million expansion adding 20,000 square feet to its Coon Rapids facility. Minnesota DEED awarded $1.4 million in incentives, including a $600,000 forgivable loan and an $800,000 ...

Data center expansion is boosting manufacturing jobs, electrical equipment production and skilled trades employment. AI-driven energy demand is fueling investment in gas turbines, power plants, ...

Golden Valley's PF Properties bought the 90,260-square-foot Lexington Commerce Center in Eagan for $14.1M, expanding its Twin ...

Finance & Commerce provides news, analysis and commentary on Minnesota business. We are the only independent daily newspaper dedicated to business reporting.