Tariff Pause Leaves Auto Industry Awaiting Impact
Trump paused the reciprocal tariffs he imposed on nearly everything, but analysts say the auto industry is in wait-and-see mode.
Report Shows Positives, Challenges in Region’s Economy
The annual State of the Region report shows that, while the region's economic outlook is generally positive, there are challenges coming.
Expo Highlights Region’s Military Contributions
The three-day Michigan Defense Expo highlighted the region's importance to the U.S. defense industry.
Kerr Russell and Barris Scott Announce Combination
DETROIT – Kerr, Russell and Weber PLC and Barris, Sott, Denn & Driker PLLC, two long-standing Detroit-based law firms, announced that they combined operations effective April 1.
The resulting firm will have more than 60...
Markets Tumble After Tariff Announcement
Trump administration officials, in talking about his plan for increasing tariffs the last few weeks, acknowledged there might be a “little pain,” at least in the short term.
They were right.
Wall Street felt it right...
U.S. Economy Adds 228,000 Jobs in March
The U.S. jobs market shrugged off the effects of federal government layoffs and the impact of new tariff policy and posted a better-than-expected gain last month.
The Labor Department announced Friday the U.S. economy added...
Job Openings Take a Slight Drop
Layoffs were up and job openings were down in statistics released this week by the Labor Department.
U.S. employers posted some 7.6 million job openings in February, while layoffs were higher than any point since...
Defensive Positioning Pays Off As Policy Upheaval Roils Markets
The economy kicked off 2025 on the wrong foot, with early indicators pointing to an ugly GDP report for the first quarter when the advance estimate is published April 30. A lot of the...
New Unemployment Claims Fall Slightly
The number of Americans seeking unemployment benefits fell by 6,000 to 219,000 for the week ending March 29, according to statistics released by the Labor Department. That’s less than the 226,000 new applications analysts...
Trump Rolls Out Sweeping Set of Tariffs
President Donald Trump, who has been promising new tariffs on goods coming into the U.S., rolled out his plan in a Rose Garden ceremony Wednesday.
Right Place, CWD partner with OVD Insurance On Acquisition of Grand Rapids Office Building
GRAND RAPIDS - The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), announced that locally-owned insurance brokerage OVD Insurance is partnering with CWD Real Estate Investment to purchase the seven-story,...
Trump Hits Car Imports With 25% Tariffs
President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States.
The tariffs, set to take effect April 3, are aimed at expanding America’s auto manufacturing prowess.
“Frankly, friend has been...
Economy Grew at 2.4% in Fourth Quarter of 2024
Fueled by an end-of-year spending spree among American consumers, the U.S. economy grew at a 2.4% rate in the fourth quarter of 2024, the government announced Thursday.
Growth in gross domestic product — the nation’s...
DNA Testing Firm 23andMe Files for Bankruptcy
SAN FRANCISCO (Globe Newswire) — 23andMe Holding Co., a leading human genetics and biotechnology company, announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of...
Potential Fall Hazard Causes Segway to Issue Recall
Segway is recalling some 220,000 of its scooters sold across the U.S. due to a fall hazard that has resulted in user injuries ranging from bruises to broken bones.
The folding mechanism in Segway's Ninebot...
StubHub Files Registration Statement for Proposed Initial Public Offering
NEW YORK (PRNewswire) — StubHub Holdings, Inc., a leading global secondary ticketing marketplace for live events, announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission...
First-Time Unemployment Claims Hold Steady
The number of U.S. workers seeking unemployment benefits didn’t change much this week.
According to statistics released Thursday by the Labor Department, first-time jobless claims filings were at 224,000 for the week ending March 22....
LAFCU Celebrates Reading Month With a Sweet Lesson in Financial Literacy
LANSING, Mich. — In celebration of March as National Reading Month, LAFCU brought its Listen & Learn—All About Donuts program to Winans Elementary School in Lansing for a fun and educational event March 11....
Auto Industry Waiting Out Tariff Uncertainty
The auto industry is waiting for some clarity before deciding how to respond to tariffs being suggested by the White House.
How Return-to-Office Mandates Are Affecting Workplace Civility
A study from SHRM finds return-to-office policies are gaining in popularity, but they're coming with a cost to workplace civility.
LATEST ARTICLES
Auto Industry Groups Pen Letter Seeking Tariff Relief
Some of the biggest auto industry trade groups signed onto a letter asking the Trump administration for relief from tariffs on auto parts.
Companies Casting a Wider Net in Search for Talent
It's not as much about degrees as it is skill as companies search for talent.
Many Businesses Withholding Spending Decisions To See Impact of Tariffs
Most businesses are taking a 'wait and see' attitude on the effects of impending tariffs before charting a financial course.
