Consumer Confidence Falls to Four-Year Low, Survey Shows
The latest survey from the Conference Board shows consumer confidence in the U.S. economy has dropped to a four-year low.
Crypto Gaining in Popularity, But Also Carries Challenges
As cryptocurrency gains in popularity, businesses are trying to figure out how best to use it.
Michigan Women Play Key Leadership Roles
With Women's History Month upon us, it's interesting to note that women play key leadership roles as Michigan seeks continued success.
Funding to Benefit Accessibility, Inclusivity, Design of Downtown Parks and Public Spaces
An $800,000 grant is going to help the Downtown Detroit Partnership enhance the city's parks.
Higher Hopes! Teams With Blessings in a Backpack to Expand the Amount of Students...
DETROIT – Higher Hopes! has teamed with Blessings in a Backpack to expand their partnership to provide weekend meals for Head Start students in Detroit. In March 2024, 500 students were being served. Through...
Meijer Gardens Hires Aaron Turner as VP of Philanthropy
Frederik Meijer Gardens & Sculpture Park announced the appointment of Aaron Turner as its new Vice President of Philanthropy. With more than 20 years of experience in nonprofit leadership, fund development, and strategic donor...
Lorelli elected council vice chair of SBM Military & Veterans’ Law Section
Plunkett Cooney attorney Andrew J. Lorelli was recently elected as a council member and vice chair of the State Bar of Michigan (SBM) Military & Veterans’ Law Section.
As a council member, Lorelli will be...
Consumer Spending Rose in February by 0.2%
Shoppers around the country spent a little more money last month than they did in January, but not by much.
Numbers released by the Commerce Department this week showed retail sales rose just 0.2% in...
Deadline Looms for Additional ‘Reciprocal’ Tariffs
Any economic concerns over President Donald Trump’s on-again, off-again tariff policies could be exacerbated soon.
White House staffers are getting ready to impose new tariffs on a variety of imports on April 2, a move...
PepsiCo Buying Poppi in $1.65 Billion Deal
PURCHASE, N.Y. and AUSTIN, Texas (PRNewswire) — PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a...
Forever 21 Closing U.S. Stores, Filing for Bankruptcy
Succumbing to competition from online retailers such as Amazon and Temu, officials at Forever 21 announced this week the company has filed for bankruptcy protection.
It’s the second time in bankruptcy for Forever 21, which...
Boston Celtics Being Sold for $6.1 Billion
The Boston Celtics are being sold, and for a record amount of money.
Celtics ownership announced Thursday morning they are selling to team to William Chisholm, the co-founder and managing partner of Symphony Technology Group, for $6.1...
Unemployment Applications Climb Slightly
The number of Americans seeking unemployment benefits rose slightly last week.
U.S. jobless claims filings rose by 2,000 to 223,000 for the week ending March 15, according to statistics released Thursday by the Labor Department....
Trump Signs Order to Dismantle Education Department
President Donald Trump fulfilled a campaign promise Thursday, signing an executive order to dismantle the U.S. Department of Education.
‘Know Your Programs’ in Wake of Executive Orders, HR Experts Say
HR professionals in a SHRM webinar said knowing their programs is the best way for businesses to navigate executive orders.
Businesses Ignore Digital Defenses at Their Own Peril
Some experts say many businesses are "shockingly" under-prepared for the increasing frequency and sophistication of cyber attacks.
Fed Holds Interest Rates Steady, Awaiting Tariff Impacts
As they wait to see the impact of tariffs on the U.S. economy, the Federal Reserve opted to leave interest rates right where they are.
Canada, EU Retaliate Against Increased U.S. Tariffs
It didn’t take long for Canada and the European Union to retaliate against President Donald Trump’s decision to increase tariffs on aluminum and steel.
According to published reports, Canada – the largest steel and aluminum...
Inflation Slows Amid Tariff Uncertainty
While the stock market continues to react negatively to U.S. tariffs being imposed by the White House, the volatility doesn’t seem to be spreading to the inflation rate, at least for now.
For the first...
Record Sales Push Legos to Top of Toymaker List
Lego A/S grabbed more market share from its biggest competitors last year, cementing its positions as the world’s largest toymaker, after revenue grew to a record.
The Danish maker of the colorful toy bricks expanded...