Business & Finance

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The Aerial Lift Bridge in Duluth, Minnesota. The Duluth metropolitan area (which includes the area served by the Port of Duluth-Superior and related regional exporters) recorded about $1.4 billion in goods exports in the most recent reporting period. (Photo by Zack Benz)
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Minnesota exports fall 14% in third quarter as fuel and oil shipments plunge

Minnesota exports of agricultural, mining and manufactured goods totaled $5.7 billion in the third quarter of 2025, a 14% decline from the same period last year, according to data released by the Minnesota Department of Employment and Economic Development.

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Target faces challenges amid tariffs and consumer sentiment shifts

Target is grappling with falling sales, shifting consumer sentiment, and mounting economic pressure as new tariffs on imports take effect. The Minneapolis-based retailer, a major employer in the Twin Cities, has lowered its earnings outlook and asked suppliers to absorb increased costs tied to international trade policies, while also navigating public reaction to recent changes in its diversity initiatives.

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