Prices for the metal hit a record high after the president suggested a higher rate than many analysts were expecting.
More from Economy
Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1.
July 8, 2025
Inside Amazon's Shakopee warehouse, new state law puts spotlight on worker safety
Minnesota has begun to take enforcement action against companies including Amazon that are slow to adopt the new regulations, which are meant to reduce injuries.
July 2, 2025
Ramstad: Beyond cuts to government aid, Trump’s big bill in Congress would harm charities
The economic argument for the Big Beautiful Bill appears to be heads-I-win-and-tails-you-lose.
AuthoredEvan Ramstad
AuthoredEvan RamstadJune 30, 2025
Minnesota financial technology surges as more customers buy now, pay later
More customers are putting groceries and takeout on reverse layaway. Consumer experts warn to use the tool wisely.
June 30, 2025
Amid messiness at the Social Security Administration, more people are taking benefits early
It pays to wait until you’re 70 to collect Social Security, but more are taking it in their early to mid 60s, opting for lower payouts.
June 28, 2025
U.S. economy shrinks as Americans spend less
Uncertainty has consumers pulling back on discretionary spending.
June 27, 2025
Minnesota teens struggle to land summer jobs this year
Teen unemployment is rising as more adults are taking retail jobs and hiring is slowing. But there are still opportunities out there.
June 26, 2025
Minnesota Poll: Most disapprove of tariffs, Trump’s handling of the economy
Nearly half of respondents feel the economy has gotten worse since Trump took office, nearly a third think it’s gotten better and the rest say it’s about the same.
June 26, 2025
What to know about Marc Lore, Alex Rodriguez
A-Rod and Lore came from similar backgrounds, followed starkly different career paths, and met through a mutual friend five years ago.
June 24, 2025
Federal cuts threaten information key to Minnesota’s economic growth
Short-staffed agencies have pared back data they collect and share, creating blind spots for state and local governments and businesses.
June 23, 2025
U.S. stock market hardens after economic volatility, but some threats remain
President Donald Trump’s tariffs wreaked havoc on the market for much of the first half of the year. And while the market has become more resistant to those big swings, recession potential and foreign conflict could still cause losses.
June 21, 2025
Social impact as a second act
Many retirees reinvent themselves, using their leadership skills and experience to help nonprofits.
June 18, 2025
