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

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 ...

Pine Island settled a lawsuit filed by the Minnesota Center for Environmental Advocacy over Google’s proposed $1 billion data center. Ryan Cos. and Google must submit an environmental mitigation plan ...

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 ...

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 ...

Minnesota-based architecture and engineering firm TKDA has acquired CNA Consulting Engineers, a Minneapolis-based firm specializing in underground and geotechnical engineering. The acquisition, ...

Click below to see final winners for each year. For the digital edition, see the special sections at the bottom of any page of this site.

The Federal Reserve kept interest rates unchanged but projections show most policymakers expect a rate hike by the end of 2026. New Fed Chair Kevin Warsh eliminated forward guidance from the policy ...

NAHB/Wells Fargo Housing Market Index fell to 29, the lowest reading since June 2012. Average 30-year mortgage rate climbed to 7.40%, pressuring home sales and buyer demand. Builders cited labor ...