Neel Kashkari, president of the Federal Reserve Bank of Minneapolis.

Minneapolis Fed's Kashkari: Inflation target in sight, but one more rate hike still likely

The Minneapolis Fed president said in an essay Tuesday the odds are in favor of an economic "soft landing."

Ramstad: Minnesota companies' stocks are a microcosm for the U.S. market in 2023

10:25am
Most Minnesota companies are underperforming a stock market that has effectively stalled for the last two years.

More than 60 jobs lost as food plants in Foley, Sauk Rapids close

11:12am
Kent Precision makes liquid and packaged food packets, including soup starters.
Kent Precision Foods notified the state of Minnesota of the actions.
Business
2:01pm
The Target store in East Harlem was the company’s first in Manhattan, opened in July 2010, but it will now close on Oct. 21, 2023 because of retail

Target to close nine stores across four states because of theft and crime

The Minneapolis-based company will close locations in the Harlem neighborhood of New York City, Seattle, Portland and the San Francisco Bay Area effective Oct. 21.
Business
2:00pm
Farmers seeking drought and commodity relief would see stressful delays.

Shutdown would hurt America's food supply, ag secretary says

A food program for mothers and children — impacting over 100,000 Minnesotans — could collapse after only a day or two.
Business
6:02am
Sick, the German microchip manufacturer, just closed on the land purchase for the second phase of its North American headquarters, pictured Monday, Se

German company plans new office building in Bloomington amid vacancies

New office development in the Twin Cities has been virtually nonexistent, as the average vacancy rate in many suburbs hovers near all-time highs.
Business
September 25
Jessica Waller works on making a cashew peanut butter in an industrial kitchen at the Cornerstone Creek Apartments in Golden Valley.

Money, Work, Know-How

Stories for Minnesotans who want to develop careers, build businesses, find opportunities, make more money and spend it wisely — and about the people who can help them do it.
Business
September 25
An Alumacraft boat in 2012

Alumacraft laying off 68 workers at its St. Peter plant, a blow to town's economy

There are still 207 employees at one of the oldest aluminum boat manufacturers in the U.S.
Is your company on the list of Minnesota's 2022 Top Workplaces?
Business
Is your company on the list of Minnesota's 2022 Top Workplaces?
updated 3 hours 36 mins. ago
Worker expectations change at Minnesota firms as pandemic retreats.
Business
September 25
HealthPartners chief executive Andrea Walsh at a groundbreaking ceremony this month for the health system’s new specialty center in Woodbury.

HealthPartners to build $50.5 million specialty clinic in Woodbury

The project comes as Allina is planning a large hospital building in Minneapolis and Fairview is starting construction on a mental health facility in St. Paul.
Business
September 25
The ASPCA estimates pet owners spend $1,100 to $3,200 within the first year of owning a new pet, typically less for cats.

There's room for a pet in your heart, but is there room in your budget?

From adoption costs to vet bills to grooming appointments to kibble and treats, there's plenty to plan for when it comes to the cost of pet ownership.
Twins
September 24
Check out the 2023 Star Tribune Homer Hanky ...

Get a look at the 2023 Homer Hanky ...

The Twins clinched a playoff spot Friday night.
Business
September 24
Journalist Katie Lindendoll, right, interviews CEO of Rent the Runway, Jennifer Hyman.

Mackay: Be likable. It's as simple as that.

Likability, including good and nonjudgmental listening and being conscious of body language, is important to business success.
Politics
September 23
Erin DuPree’s hemp store, Loonacy Cannabis, sold multiple cannabis products that are illegal under state law.

'We got this wrong': Walz takes responsibility for cannabis director debacle

Erin DuPree stepped aside Friday, a day after Walz appointed her to lead the Office of Cannabis Management.
Business
September 23
One way to increase your comfort with spending more is to focus on what makes life meaningful.

Make sure you are spending enough in retirement

Many retirees who consistently saved over the years spend less than they might in retirement.
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
Business
With $324.2 billion in revenue, UnitedHealth again tops list of Minnesota public companies
updated 23 hours 28 mins. ago
The top 50 companies as a whole posted revenue of $750.7 billion, up 7% from the year before. However, growth was slower than in 2021.
Business
September 23
Some clients want more appreciation for what they already have.

Don't fall prisoner to 'more' ideology

More should not necessarily be the only goal: Think about the why and the what.
Twins
September 23
Tom Brunansky and Kent Hrbek and pretty much all of Minnesota fell in love with the Homer Hanky in 1987.

The Homer Hanky is coming back! Here's what you need to know

The AL Central champion Twins are headed to the playoffs, and the Star Tribune announced that the Homer Hanky is headed back to the postseason as well.
Business
September 22
The stump of a tree and its once water-covered roots at Atibainha reservoir, part of the Cantareira system, which is a major water source for the Sao

Ecolab study finds access to clean water a key issue around the world, especially Latin America

The study was released at the United Nations Climate Ambition Summit in New York.
Politics
September 22
Erin DuPree’s hemp store, Loonacy, sold multiple cannabis products that are illegal under state law.

New Minnesota cannabis director resigns amid report she sold illegal products

Erin DuPree was selling high-dose cannabis products at her hemp shop that weren't compliant with state law.
Business
September 22
United Auto Workers members and supporters arrive to picket outside a Mopar Parts Distribution Center, Friday, Sept. 22, 2023, in Plymouth.

United Auto Workers strike expands to locations in Twin Cities area

Facilities in Plymouth and Hudson, Wis., are among the 38 locations added across 20 states.
Video
September 22

UAW expanding its strike to locations in 20 states

In new walkouts that will affect 5,600 workers., the union targeted centers that distribute parts to car dealer service departments.
The Louriston Dairy near Murdock, built and operated by Riverview LLP, is home to 9,500 cows, 40 times more than the average American dairy. The compa
Agriculture News and trends about Minnesota's farm economy
updated 19 hours 23 mins. ago
We've created a new destination for everything agriculture in Minnesota and around the country.
Business
September 22
A display on a rowing machine and overhead screen showed individual heart rates and more as people worked out at Orangetheory in Edina.

Fitness trackers bring out the competitive spirit in Minnesotans

From fitness studios to senior living communities, wearable technology has enabled a new generation of fitness enthusiasts to not only track their performance but also see how they measure up against others.
Business
September 22
Fortra, formerly HelpSystems, sold software compromised by Russian hacking group Clop.

Hackers exploited flaw in Eden Prairie firm's software in record year for ransomware attacks

Fortra software hack and that of a Massachusetts firm that struck the Minnesota Department of Education and UnitedHealthcare resulted in millions of compromised records.

Business

Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.