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If the 11 interest rate increases the Federal Reserve has made since March 2022 were supposed to slow the job market in a continuing fight against a stubborn inflation...

Federal Reserve officials have said they’re waiting to see what the national inflation rate does before deciding when, or if, to cut interest rates after having raised them 11...

The Biden administration said Monday the U.S. would provide up to $6.6 billion to help a Taiwanese semiconductor firm expand the facilities it is already building in Arizona and...

Initial claims for unemployment assistance fell last week, but the total number of Americans collecting unemployment climbed to its highest level since the beginning of the year. The number of...

LANSING – As the April 15th tax filing deadline approaches, Michigan Attorney General Dana Nessel is reissuing her Public Service Announcement on tax-related ID theft to urge consumers to protect...

ACG Detroit has released a limited number of tickets to its "Draft Eve ini the D" party.

DEARBORN, Mich. – Ford Motor Company said it is retiming the launch of upcoming electric vehicles at its Oakville, Ontario, assembly plant while continuing to build out an advanced industrial system...

DETROIT — General Motors Co. and its dealers increased retail sales by 6% year-over-year and delivered 594,233 vehicles in the U.S. in the first quarter of 2024, down 1.5% year-over-year...

UPS announced the company has been awarded a significant air cargo contract by the United States Postal Service. This award is effective immediately and greatly expands the existing relationship...

It’s a high-low situation in the U.S. job market. The number of Americans applying for unemployment assistance rose last week. However, layoffs remain at historically low levels as the labor...

Anyone wondering whether the U.S. job market is still strong may have gotten their answer this week. U.S. job openings barely moved in February and remain historically high. The Labor...

A $20 minimum wage for most fast food workers in California went into effect Monday under a new law designed to give more financial security to an historically low-paying...

DETROIT – General Motors announced the retirement of its long-serving executive vice president of Global Manufacturing and Sustainability, Gerald Johnson, after a distinguished 44-year tenure at the company. Replacing him...

LANSING – Governor Gretchen Whitmer announced Jennifer DeLaCruz as the director of the newly created Office of Community Violence Intervention Services.  “As a former prosecutor, protecting public safety is a...

Corewell Health will welcome Lamont Yoder, RN, as the new president of Corewell Health East, effective May 6. He will report to the system’s Chief Operating Officer, Dr. Darryl...

Illitch Holdings has elevated Ryan Gustafson to CEO of Illitch Sports + Entertainment.

Since March 2022, the Federal Reserve raised its benchmark interest rate 11 times. Following the Fed’s March meeting, instead of cutting the rate, officials left it where it was for...

It likely won’t be as big a hike as last year, but the largest U.S. retail trade group thinks retail sales are going to take another jump this year. After...

The number of U.S. workers applying for unemployment benefits dropped a little last week as the job market showed signs of continued strength. According to statistics released by the U.S....

Unilever said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits. London-based Unilever, the company that makes Ben &...