YOUR GUIDE TO THE TWIN CITIES
The mining industry faces sudden shutdowns, but many see a silver lining in the long run. Shutdowns are expected to last months rather than years Updated: Mar. 24, 2011 - 02:30 PM
The Star Tribune's coverage of the housing crisis, the credit crunch and their effect on Minnesotans.
Miles Seppelt
Layoffs are imminent in a city that used to be immune.
The company would not say how many jobs it hopes to cut, but nearly all of the 4,000 employees at its corporate offices are eligible to take the voluntary buyouts.
3M products
The company will shed 2,300 jobs, up 500 from what it said last week. Of the total cuts, 400 will come from the Twin Cities.
Denny Hecker
Twenty-two of the Advantage locations nationwide are closing; 13 remain open.
Cash-strapped consumers are forgoing the big-ticket items of years past. Retailers find if it's not on sale, it won't sell.
The upscale GardenWood development in Blaine is headed for foreclosure, and developer Sienna has its hands full in court.
Mounting loan losses are straining the nation's banking institutions, and Minnesota's banks aren't immune.
September marks the state's third month in a row of job declines, as experts foresee more on the way.
While big Wall Street "money centers" tumble on bad bets and frozen credit, community banks and their customers are doing fine.
Eva and Matt Johnson, right, and Eva’s brother Dexter Spilman
Saddled with big student loans, this young couple rents out their basement and taps their line of credit to make ends meet.
With the stock market's latest drop, four years of market growth has been wiped out. It's 2004 all over again.
The cuts were blamed on financial difficulties, including rising bad debt.
The numbers are dropping, possibly because foreclosures started here earlier. Problems with the glut of empty houses continue.
Patrick Hertel buys a new Jeep.
Automakers are seeing sales slump as dealers find it increasingly difficult to get financing for potential customers - even those who have good credit.
Minnesota House members who voted against bailout are in spotlight as new vote approaches.
We're told to sit tight and do nothing while our savings evaporate in the financial crisis. How do we do that without panicking?
Gabe Johnson, Jane Workman
As a government rescue for lenders looms, home buyers and sellers are watching to see just what it might mean for them.
By failing to land Wachovia, Wells Fargo may have missed a prime opportunity to build a truly national retail bank -- at a fire-sale price.
Uncertain. Afraid. Helpless. Discouraged. The market has average Minnesotans feeling all of this and more.
Judy and Jim Decker
Despite simple living, this retired couple still worry their money won't go far enough.
Assets frozen after the Reserve Primary Fund 'broke the buck' are still in legal limbo.
Craig and Tina Larson
Saving and living simply, these newlyweds are nervous about their financial future.
Cutting the cake
From Wall Street giants to small entrepreneurs, it's getting harder to find cash.
Minnesota's banking system is sound, and consumers are protected, one banker asserts.
Eight steps toward controlling the fallout from the country's growing addiction to speculation.
George Pokorny is still job hunting
Anxious families are feeling the strain of an economy on the edge and finding it's easy to fall behind.
Wells Fargo, U.S. Bancorp and other regional banks may find opportunities and profit after the extreme makeover that's changing the face of U.S. finance.
Ameriprise sues a money market fund manager for tipping off some investors about losses.
The SEC hopes to help the flagging financial services industry. Some local firms are among the 800 affected stocks.
Companies face higher borrowing costs and might cut back on hiring, and individual investors are looking for a safe haven.
A Twin Cities insurance executive says the federal bailout of AIG was the right thing to do for policyholders and taxpayers alike.
State regulators keeping close on AIG insurance subsidiaries
Carol Ouhl works with therapy dogs
With homes worth less and stocks sinking nest eggs, retirement remains elusive for a growing number of Minnesotans.
Robert and Dorothy Koshenina
A burst of rising prices has increased difficulties and anxiety for middle-class retirees living on incomes that are falling further and further behind inflation.
A Lethal Dose: The war on synthetic drugs
They carry names like Bliss and TranQuility, but don't be fooled: Synthetic drugs can be deadly. From a small town in Oklahoma to suburban Minnesota, these products have generated unusual violence and physical suffering. Efforts to control these substances remains a losing battlle.
State regulators have failed to protect some of Minnesota's most vulnerable citizens from being victimized by their care givers. Even known criminals have obtained state permission to work in nursing homes and other care settings.
Home builders are routinely allowed to break the rules on shoreline development. Polluters are allowed to keep polluting. And clean-up efforts are falling short. While public officials are trying to save Minnesota's iconic lakes, their efforts are undercut by a lack of federal mandates.
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