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Federal Reserve officials were looking at potentially cutting interest rates soon if consumer prices started coming down. For now, that doesn’t seem to be the case. Consumer prices in the United States picked up last month, rising 0.4% from January to February, higher than the previous month’s figure of 0.3%, according...
The CPI index likely ran hot in February on higher gasoline prices, but core inflation likely slowed further as car prices fell and rent increases moderated. Producer prices likely rose less than retail prices in the month, but were nevertheless higher as more expensive diesel caused transportation and warehousing...
While the number of Americans applying for unemployment benefits last week went down a bit, the overall number of workers collecting jobless benefits was up. Both numbers, though, remain at historically low levels. The Labor Department reported Thursday that filings for unemployment claims for the week ending March 9 ticked down...
Cadillac gave the world a taste of what the future of electric performance could render, sharing a sneak peek at Opulent Velocity — a concept vehicle designed to celebrate the past, present and future of Cadillac and its performance brand, V-Series. Opulent Velocity represents the duality of the Cadillac brand...
That didn’t last long. Shoppers pulled back on their spending in January, but apparently picked it back up last month. Retail sales rose 0.6% last month after falling a revised 1.1% in January, dragged down in part by inclement weather, according to a report released Thursday by the Commerce Department. February's...
WASHINGTON ― With the April 15 filing deadline approaching, the Internal Revenue Service encourages taxpayers who may find it difficult to gather the necessary documents they need to file or pay the taxes they owe to consider several options offered on IRS.gov to avoid late filing and interest penalties. This...
Detroit – Comerica Bank is welcoming donations for its sixth annual Prom Dress Drive beginning Monday, March 18, and continuing through Friday, April 12, in support of community partner Jackets for Jobs. Individuals and businesses alike can drop off new or gently used dresses, along with accessories, such as...
For two decades, the Asian Pacific American Chamber of Commerce has brought people in the supplier diversity space together in an effort to make connections.
Michigan Gov. Gretchen Whitmer took Michigan's show on the road to East Asia, aiming to bring jobs and supply chain back to the state.
The Internal Revenue Service announced tax relief for individuals and businesses in parts of Michigan affected by severe storms, tornadoes and flooding that began on Aug. 24, 2023. These taxpayers now have until June 17 to file various federal individual and business tax returns and make tax payments. The IRS is...
GRAND RAPIDS — The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC) and the City of Kentwood, announced SnackCraft will be expanding its headquarters at 4444 52nd St. in Kentwood, creating up to 37 new jobs and $29.9 million in capital investment. SnackCraft LLC is a...
DETROIT – Better Made Snack Foods – still made fresh daily in Detroit – is celebrating National Potato Chip Day on Thursday, March 14, marking the 171st anniversary of the potato chip. What started as a practical joke became a staple in millions of homes across the United States and...
Today’s world of private security service is a far cry from what it used to be. It’s eyes wide open and all business. The reality is private security is increasingly a field with well-trained, highly vetted professionals armed with the latest technology, innovative practices and site-specific plans rather than a...
As the post-pandemic economy reshapes the landscape of the contract staffing industry, DQS Solutions & Staffing (DQS) has emerged as a shining example of innovation and compassion. Founded in 2020 by former auto industry logistics expert Josh Morris, DQS has experienced robust growth by redefining its role beyond traditional...
Fed Chair Jerome Powell said again Wednesday that the Federal Reserve will cut its key interest rate this year, though not right away. First, Powell said he wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target. Powell noted that inflation is slowing for both...
Job growth likely moderated in February after an unexpectedly-strong 353,000 jobs added in January, which surprised to the upside considering that winter weather disrupted consumer spending and housing activity during the month. The unemployment rate is likely to edge higher in February on an increase in labor force participation....
Stellantis has fired some 341 workers at its Toledo Jeep plant, a local union official said Monday. The Detroit News reported that workers at the Toledo Assembly Complex received automated calls from Stellantis Sunday informing them of their firing, effective immediately, Mike Sawaya, the United Auto Workers Local 12 shop...
When it comes to electrification, GM is serious about introducing a range of zero tailpipe emissions vehicles and applications. From lithium-ion batteries to hydrogen fuel cells, GM is dedicated to helping other companies integrate these solutions into their business operations — and that extends beyond just the fuel cells...
January saw a minimal change in the number of job openings across the U.S., but such openings remained elevated, suggesting that the American job market remains healthy. Statistics released by the Labor Department Wednesday say U.S. employers posted 8.86 million job vacancies in January. That’s down a bit from the...
CEO Thought Leadership WEBSITE- Wilbur Mil
Wilbur Milhouse started his engineering firm in the unfinished basement of his southwest Chicago home and, since 2001, has built it into a global success.

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