Finance & Commerce
Daily news source focused on commercial real estate, construction, banking, finance, economic development in Minnesota.
Looking back on industrial in 2024 and ahead to 2025
1 day ago · The industrial market’s vacancy rate in 2024 is 3.7%, according to recent CBRE third quarter data. Judd Welliver, CBRE vice chairman, said in the 20 years he’s been in the industry, he hasn ...
What changes should small businesses be aware of for 2025?
2 days ago · On Wednesday, the Federal Reserve raised its projection for the inflation rate for 2025 to 2.5% from a prior estimate of 2.1% issued in September.
Distressed property market wasn’t as expected in 2024
1 day ago · The Twin Cities office market saw relatively few deeply discounted property sales in 2024 such as the sale of the Forum office tower in downtown Minneapolis.
Fed’s preferred inflation gauge shows price pressures easing
5 days ago · Friday’s data did contain one sign of still-persistent inflation: Year-over-year inflation edged up to 2.4% in November from 2.3% in October and above the Fed’s 2% inflation target.
China keeps lending rate unchanged as housing market still …
Jun 17, 2024 · China's central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world's No. 2 economy's manufacturing and ...
China can manage ‘external shocks’ of U.S. tariffs, senior official says
Nov 22, 2024 · China is willing to talk with the U.S. on a basis of mutual respect, for the benefit of both countries, Wang said. “We believe that if China and the U.S. can maintain a stable, healthy, and ...
Cheap carbon offsets likely enable greenwashing by companies
Nov 11, 2024 · Climate protesters calling for an end to greenwashing are seen in front of the World Bank building in Washington, Oct. 10, 2008. Recent data suggests that voluntary carbon markets are currently ...
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Fed likely to signal fewer interest rate cuts next year
Dec 16, 2024 · Fed Chair Jerome Powell speaks at the DealBook Summit in New York, on Dec. 4. The Fed’s policymakers are expected to signal fewer interest rate cuts next year than were previously expected on ...