U.S. Economy Added 147,000 Jobs in June
The U.S. economy may be slowing – the government said first-quarter growth slowed 0.5 percent – but for the moment, at least, it doesn’t seem to be affecting the...
Fed Sticking With ‘Wait-and-See’ Attitude on Interest Rates
For weeks, President Donald Trump has pushed the Federal Reserve to lower its interest rates to produce lower borrowing costs.
And for weeks, Federal Reserve Chair Jerome Powell has resisted...
GM Posts Strong Q2, First-Half Sales
General Motors announced that its U.S. sales increased 7% in the second quarter and 12% in the 2025 first half. GM led the U.S. automotive industry in total and...
Microsoft Layoffs Hit Gaming, Sales Divisions
Layoffs are continuing at Microsoft.
The tech giant is laying off thousands more workers, the second mass-layoff in the last few months and its largest in more than two years.
Multiple...
Rocket Companies Completes Acquisition of Redfin
DETROIT and SEATTLE (PRNewswire) — Rocket Companies (NYSE: RKT), the Detroit-based homeownership platform, today announced it has completed its acquisition of Redfin – bringing the most-visited real estate brokerage...
Top Business Leaders Honored as Best and Brightest
West Michigan's top business leaders were on hand to be honored as the Best and Brightest companies in the region, and to offer advice on how to reach that level of success.
Annual Conference Recognizes Top Women in Business
Hall of Famers, business leaders and Shooting Stars were honored at the 29th annual Women Thrive Conference.
Women Business Panelists Offer Wide Range of Perspectives
Women business leaders offered advice on a variety of issues during panel discussions at the 29th annual Women Thrive Conference.
Senate OKs ‘Big, Beautiful Bill,’ Sends It Back to House
They needed a tie-breaking vote from Vice President J.D. Vance to do it, but U.S. Senators approved the "Big, Beautiful Bill" 51-50 Tuesday, sending it back to the House.
Americans Soured on U.S. Economy in June
The rise in how Americans view the U.S. economy didn’t last long.
According to the Conference Board, the way Americans see the economy dropped in June, one month after a...
Fed Chair Stands His Ground on Rate Cuts
For weeks, Federal Reseve Chair Jerome Powell has been under intense pressure from President Donald Trump and some Republican lawmakers to lower interest rates.
But despite name-calling and even a...
Commerce Department Downgrades First-Quarter Performance
First impessions can be deceiving.
The U.S. Commerce Department said this week that earlier estimates about the U.S. economy were wrong, indicating the economy actually shrank at a 0.5% annual...
House Prices and Consumer Confidence Fall
House prices fell more than expected this spring. The FHFA Purchase-Only House Price Index fell 0.4% on the month in April, worse than the consensus forecast for no change....
DTE Board Taps Harris to Replace Norcia as CEO
The DTE board named Joi Harris to become CEO, replacing Jerry Norcia, who was elected executive chairman of the board.
Birthday Bash Celebrates U.S. Army’s 250th Anniversary
Congressional Medal of Honor winner Jim “Doc” McCloughan highlighted the evening at the celebration of the Army’s 250th anniversary at the Westin Book Cadillac Hotel in Detroit.
Fed Still in Wait-And-See Mode on Rate Cuts
As universally expected, the Federal Open Market Committee held the federal funds target unchanged at the June 18 decision at a range of 4.25% to 4.50%. This marks six...
Retail Sales Drop as Consumers Pull Back on Spending
Earlier in the year, American consumers were spending money more freely in an attempt to be ready for sweeping tariffs being put in place by the White House.
Not so...
Unemployment Claims Drop to 245,000
After a couple of weeks of rising first-time unemployment claims, fewer Americans applied for assistance last week.
According to statistics released by the Labor Department, the number of U.S. workers...
Fed Leaves Key Interest Rate Unchanged
Despite pressure from the White House to cut interest rates, Federal Reserve officials decided again to leave rates where they are for now, while indicating at least a couple...
Unity Collaborative Strives to Continue Inclusion Mission
The Unity Collaborative hit the ground running in its effort to continue to provide the means for fostering an inclusive environment.