Downtown Businesses Finding More Creative Ways to Succeed
Facing higher rents and other inflationary pressures, owners of downtown businesses are getting more creative while finding success.
Insurance Policies Becoming More Prevalent in Fending Off Cyber Attacks
With hacking getting worse, experts say buying cyber insurance is an important protection against digital random demands.
Government Revises Second-Quarter U.S. Economic Growth Up to 3% Annual Rate
The U.S. economy performed better than even the Commerce Department thought in the second quarter.
The economy grew last quarter at a 3% annual pace, fueled by strong consumer spending...
GM Signs Landmark Solar Power Deal for Three Assembly Plants
As part of an ongoing push around renewable energy, General Motors announced a 15-year renewable energy purchase agreement with NorthStar Clean Energy for three GM assembly plants.NorthStar’s Newport Solar...
Data Bolsters Case For Fed Rate Cuts This Fall
Consumer prices as measured by the Fed’s preferred measure (The PCE Price Index) likely rose modestly in July from June, with inflation holding steady or edging up a hair...
Consumer Confidence Rises in August
Americans are apparently feeling better about the state of the U.S. economy.
The Conference Board, a business research group, announced this week that its consumer confidence index rose to 103.3...
BrightDrop Electric Commercial Vans To Join Chevrolet
General Motors is moving its BrightDrop electric commercial vans under the Chevrolet brand.
The shift brings BrightDrop EVs to Chevrolet's broad commercial vehicle sales and service dealer network. BrightDrop EVs...
Fewer Americans Applying for Unemployment Benefits
High interest rates don’t seem to be slowing the U.S. job market, if the fact the number of Americans filing for unemployment benefits fell slightly last week is any...
Regional Chamber Helps Lead Detroit’s Business, Reputation Renaissance
Detroit Regional Chamber is helping change the conversation about the city.
Labor Shortage Affecting the Way Leaders Are Doing Business
Report says the U.S. has an aging workforce without enough bench strength to replace them.
Interest Rate Cuts Seen as Coming, Though Size is Up for Debate
In a week with few economic data releases, financial markets’ attention will likely focus on the minutes of the July 31st FOMC meeting. Following last week’s tame inflation prints,...
Ford Broadens Electrification Strategy to Reach More Customers, Improve Profitability, Continue to Reduce CO2
DEARBORN, Mich. – Ford Motor Company is taking additional actions to deliver a profitable, capital-efficient and growing electric vehicle business and add even more propulsion choices for customers that generate...
2024 GMC Sierra EV Denali Edition 1 Customer Deliveries Begin
DETROIT – The Denali of EVs is here. Customers can now purchase the 2024 GMC Sierra EV Denali Edition 1 from dealers across the country. This all-electric pickup offers 440...
Unemployment Claims See a Modest Increase
It wasn’t by much, but the number of Americans filing for unemployment benefits did go up last week.
Unemployment claims rose by 4,000 to 232,000 for the week of Aug....
CEO’s Key to Success: Be Willing to Fail
Art Betancourt believes that, to be successful in business, a leader has to be willing to fail in order to learn.
U.S. Added 800K Fewer Jobs Than Reported From April 2023-March 2024
The Labor Department said Wednesday the U.S. added some 818,000 fewer jobs than first reported from April 2023 through March 2024.
Market Turmoil Reflects Fear the Fed is Behind the Curve
The July jobs report capped a period of disappointing economic releases that collectively put the economy on recession watch.
Jobless claims are rising, payrolls growth and wage growth are...
Downtown Detroit Partnership Expands Downtown Parks Stewardship
The Downtown Detroit Partnership and the City of Detroit have agreed to a contract expansion that will have the DDP providing stewardship over more city parks and green spaces.
Inflation Drops to Lowest Point Since March 2021
The Federal Reserve has been hinting at an interest rate cut for months now, with many economists believing such a cut might come in September.
Perhaps we’re about to find...
GM Signs Landmark Solar Power Deal for Three Assembly Plants
As part of an ongoing push around renewable energy, we're announcing a 15-year renewable energy purchase agreement with NorthStar Clean Energy for three GM assembly plants.
NorthStar’s Newport Solar project...
LATEST ARTICLES
AWAF Summit Promotes Women’s Roles in Industry
With its Ignite Your Genius summit, the Automotive Women's Alliance Foundation highlighted the increasing roles women play in the industry.
Inflation Eases Despite Tariff Turmoil
Inflation cooled slightly over last year despite fears concerning U.S. tariff policies.
CEO Knew ‘It Was Time’ and Stepped Onto the Path to Retirement
Mary Starr recognized the moment and made the leap, forging a new path into retirement.
