U.S. new-home sales dip 0.3 percent in October
U.S. sales of new homes fell slightly in October and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to...
View ArticleEastern storm hurts Target, other retailers
U.S. retailers posted November same-store sales that trailed analysts’ estimates as superstorm Sandy depressed traffic early in the month, overwhelming gains from the start of holiday shopping.
View ArticleSandy slowed U.S. consumer spending and pay
Americans cut back on spending in October while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that could slow economic growth for the rest of the year.
View ArticleSmall biz lending picked up in October
Small business owners borrowed more in October, a sign that they might be getting more confident about hiring.
View ArticleData center project planned in east metro
IronGate officials are making a bet that the damage Hurricane Sandy inflicted on the East Coast last month will persuade more operations to seek data center space in areas of the country with fewer...
View ArticleMinnesota gains 10,800 jobs in November
Over the past 12 months, Minnesota employers have added 55,244 jobs — the best year-over-year showing since the recovery from the Great Recession started more than three years ago. From a September...
View ArticleSandy aid will get vote this month, Boehner says
Boehner told lawmakers Wednesday that the U.S. House of Representatives will vote Friday on raising the government’s borrowing authority by $9 billion for flood insurance to enable it to continue...
View ArticleCongress approves $9.7 billion in Sandy flood aid
The new Congress on Friday rushed out $9.7 billion to help pay flood insurance claims to 115,000 people and businesses afflicted by Superstorm Sandy, two days after New Jersey’s governor and other...
View ArticleGirding Minnesota’s electric grid
It’s the kind of catastrophe that leaves some in Minnesota’s energy industry wondering if the state’s system has what it takes to weather a Midwest-style superstorm. While a hurricane isn’t likely to...
View ArticlePreparing buildings for climate change
The Greater St. Paul Building Owners & Managers Association hosted a panel Tuesday at the Science Museum of Minnesota to trigger a series of discussions on preparation for climate change.
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