Minnesota Headlines

Housing starts slump 3% in August; weekly jobless claims fall

Builders broke ground on fewer houses and apartment complexes in August, a possible sign that the housing market may be leveling off after accelerating for much of the year. Housing

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China issues blueprint for state industry overhaul

China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries even as it aims to retain the party’s dominance in the economy. The plan comes at a

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New York OKs $15 minimum wage for fast-food workers

New York state will gradually raise the minimum wage for fast-food workers to $15 an hour — the first time any state has set the minimum that high. Gov. Andrew

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New-home sales come back, jump 5.4% in July

Americans stepped up their purchases of new homes in July, with sales surging in the Northeast. The Commerce Department says new-home sales rose 5.4% last month to a seasonally adjusted

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Housing data, inflation and the Fed

Incoming fresh data this week on consumer inflation and housing will collide with the release of minutes of last month’s

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Critics pummel N.Y. economic development program

The criticism grew quickly as figures were released: The Start-Up NY program cost taxpayers $53 million in ads, and the

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Existing home sales surge, prices hit record

Existing homes were sold at the fastest pace in eight years last month and the median sales price reached an

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Mortgage rates fall amid global uncertainty

Mortgage rates took a step back from year-high levels this week as uncertainty in world financial markets continues to rankle

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