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Business and Economic News

City of St. Paul condemns downtown parking ramp, closes skyway connections

City of St. Paul condemns downtown parking ramp, closes skyway connections

The city of St. Paul has condemned a major downtown parking ramp, alleging the building owner has not been properly maintaining the facility. The ramp is owned by Madison Equities, which walked away from the nearby Alliance Bank Center last month.
by MPR News Staff

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U.S. stocks fall again, wiping out earlier gains as Trump tariff shock remains

U.S. stocks fall again, wiping out earlier gains as Trump tariff shock remains

After major slides in equity trading across the world, any slight uptick in stock prices will only repair part of the destruction of trillions of dollars in investor wealth over the past few days.
by Willem Marx

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'Every day, every single customer': Tariffs hit close to home inside Asian grocers

'Every day, every single customer': Tariffs hit close to home inside Asian grocers

Asian grocery stores are a lifeline to the communities they serve. But store owners say the prospect of sweeping tariffs are threatening their ability to stock up on goods and keep prices affordable.
by Juliana Kim

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How to manage your money in an uncertain and tumbling stock market

How to manage your money in an uncertain and tumbling stock market

MPR News host Angela Davis talks about what to do with your money as President Donald Trump’s tariff policies send the global stock market into turmoil.
by Angela Davis, Maja Beckstrom, Chris Farrell and Cari Dwyer

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Alleged drunk driver charged in crash that killed Twin Cities restaurant founder

Alleged drunk driver charged in crash that killed Twin Cities restaurant founder

David Burley, co-owner of the Blue Plate restaurant group in the Twin Cities, was killed in a motorcycle crash Sunday afternoon in western Wisconsin. St. Croix County prosecutors on Monday charged Andre Lamont Mathews, 33, with homicide by intoxicated use of a vehicle.
by Estelle Timar-Wilcox and Matt Sepic

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U.S. stocks are volatile as selloffs sweep through global markets

U.S. stocks are volatile as selloffs sweep through global markets

Shares nosedived around the world Monday as higher U.S. tariffs and a backlash from Beijing triggered massive sell-offs. Trump has defended the tariffs: “You have to take medicine to fix something.”
by Rachel Treisman and John Ruwitch

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