Auto Suppliers Hesitant to Fill Jobs Until Tariff Uncertainty Settles
The changing tariff landscape, and the uncertainty of tariff impacts that comes with it, has automotive suppliers waiting to fill open jobs.
Cyber Challenges Could Bring Military, Business Threats to U.S. Shores
Experts say burgeoning cyber security challenges make it more likely the U.S. could face threats within its own borders.
Mayor Election Down to Council President, Political Newcomer
The August primary whittled the race for Detroit mayor down to City Council President Mary Sheffield and Solomon Kinloch, pastor at Triumph Church.
Fed Governors Worried About Tariff Impact, Minutes Show
While the possibility of job losses has officials with the Federal Reserve concerned, most of them appear to be more worried about the threat of higher inflation, minutes of...
FTC Sues LA Fitness for Making it Difficult to Cancel Gym Memberships
The Federal Trade Commission has sued the operators of LA Fitness and other gyms over allegations they make it exceedingly difficult for consumers to cancel their gym memberships and...
Markets Wait For Fed Minutes For September Rate Prediction
The Fed is back in focus this week. After July’s split FOMC decision, markets are anxious to see how the meeting’s minutes describe FOMC members’ views about the September...
BCBSM’s Tricia Keith Takes On Affordability of Health Care
New BCBSM CEO Tricia Keith says the surging cost of health care is "at a turning point" and wants to do something about it.
Gender Gap Still a Wide One Among Business Executive Roles
Studies show the world has made progress in terms of the gender gap in business. but equality is still years away.
Record Numbers Turn Out for Military Vehicle Symposium
Record numbers of attendees and exhibitors showed up for the three-day GVSETS symposium on modernization of military vehicles.
Inflation Holds Steady; Core Prices Rise
Did inflation increase last month? The answer to that question depends on which mark you’re watching.
According to statistics released by the Labor Department Tuesday, consumer prices rose 2.7% from...
Kodak Says It May Have to Cease Operations
Eastman Kodak has been providing photography services and products for 133 years.
But, while issuing its earnings report Monday, the company warned it may not be doing it for much...
Hotter-Than-Expected Core CPI Puts a Pebble on the Scales
Key Takeaways:
CPI rose slightly less than expected in July, but core CPI was a little hotter than expected.
Prices of gasoline and other energy goods fell, offset by higher prices...
Economy Sees Modest Drop in Unemployment Applications
It wasn’t a great fall, but the number of people seeking first-time unemployment benefits did drop slightly.
The number of Americans filing for jobless benefits still remain in an historically...
Cadillac Reveals Elevated Velocity Crossover Concept
Cadillac’s concept portfolio evolves with the introduction of the all-electric, high-performance crossover, Elevated Velocity1. The Elevated Velocity concept channels the essence of Cadillac’s V-Series into a bold 2+2 crossover...
State Pauses Plans For I-375 Boulevard Project
Citing burgeoning costs, the Michigan Department of Transportation said it is "taking a step back" in the development of the I-375 boulevard project.
Companies, Consumers Begin Feeling Tariff Impact
President Donald Trump’s latest tariffs began Thursday, meaning dozens of countries are now subject to higher tariffs on goods their businesses send to the U.S.
The tariffs, which Trump announced...
Computer Chip Market Faces Higher Tariffs
Companies who don’t build their computer chips in the U.S. can expect to start paying a price.
President Donald Trump said Wednesday he will impose a 100% tariff on computer...
July’s Weak Job Growth Pressures the Fed to Cut in September
U.S. employers added 73,000 nonfarm payroll jobs in July, near Comerica’s forecast for a gain of 80,000 and below the 104,000 consensus forecast. There was a big 258,000 downward...
Unemployment Applications Rise Slightly
The number of U.S. workers filing for unemployment benefits was up last week, but only a little.
According to statistics released by the Labor Department, jobless claims for the week...
Downtown Detroit Partnership Picks AECOM to lead I-75 Cap Feasibility Study
The Downtown Detroit Partnership has chosen Detroit engineering firm AECOM to take what they're calling the "critical next step" in the I-75 Cap Feasibility plan.