China Hits Back at U.S. Tariffs
China announced tariffs of its own on U.S. products after U.S. tariffs went into effect Tuesday.
Trump Puts Tariffs on Canada, China; Delays Move on Mexico
President Trump reached an accord with Mexico and delayed tariffs there, but pushed ahead with tariffs against Canada and China.
Stock Market Reacts to U.S. Tariffs on Mexico, Canada, China
Tariffs imposed by President Donald Trump on Canada, China and Mexico will have a notable impact on the stock market if they remain in place for a prolonged period...
With ‘Solid’ Job Market, Fed Holds Interest Rates Steady
Still cautious about a stubborn inflation rate and unsure what policies may be comin from the White House, the Federal Reserve left its benchmark interest rate right where it...
U.S. Economy Grew 2.3% in 4th Quarter, 2.8% for the Year
The American economy appears to be humming along.
According to statistics released by the Commerce Department Thursday, the economy expanded at a 2.3% annual rate from October through December.
For all...
U.S. Consumer Confidence Retreated in January
The Conference Board Consumer Confidence Index declined by 5.4 points in January to 104.1. December’s reading was revised up by 4.8 points to 109.5 but was still down 3.3 points from...
Fewer Workers File First-Time Unemployment Claims
In a week when the Federal Reserve kept its interest rates steady due to a job market they called “solid,” the number of Americans filing for jobless benefits fell...
SHRM Urges Steps to Comply With DEI Executive Orders
SHRM offered a webinar designed to guide businesses scurrying to comply with President Trump's new DEI-related executive orders.
Winners Share the Joy When Claiming Awards
Gratitude abounds for the winners picking up 'too cool' awards.
Picking the Right People One of CEO’s Top Keys to Success
Making sure to pick a good team can be a game-changing key to success for business, according to this CEO.
National Chain Sheetz Plans More Expansion
DETROIT — Sheetz, the Pennsylvania-based chain of gas stations, has just one station in Michigan – in Romulus, to be exact – but that apparently won’t be the case for...
Ford Helps First Responders, Community During LA Wildfires
Ford dealers across 13 western states donated this week to the California Community Foundation's Wildfire Recovery Fund. With this donation, Ford dealers and Ford Philanthropy have contributed $465,000 to local...
Sales Were Up in Almost All Retail Categories
The economic calendar was very light in a holiday-shortened week. The flash estimate of S&P Global’s Manufacturing PMI showed the manufacturing sector contracted at a slower pace in January...
First-Time Unemployment Claims Jump, Continuing Claims Reach 3-Year High
First-time claims for unemployment benefits rose only slightly last week, but that doesn’t necessarily mean it was a good week for the unemployment rate.
Jobless claims rose by 6,000 for...
Ranger Earns 2025 North American Truck of the Year
DETROIT – The Ford Ranger captured the coveted title of 2025 North American Truck of the Year, marking the fifth consecutive year a Ford truck has received the trophy.
"Earning this...
Today’s Workforce is Redefining Benefits Package Offerings
Today's employees want more than the basic benefits package that seemed sufficient as recently as five years ago.
Survey Shows Positive Image of Downtown
Biannual survey shows most respondents have a positive image of downtown Detroit.
Inflation Picked Up Slightly in December
Inflation news is either good or disappointing, depending on how you look at it.
As prices for gas, eggs and used cars increased in December, the consumer price index rose...
Retail Group Says ‘Consumers Came to Spend’ for Holidays
WASHINGTON – Data released today by the U.S. Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a...
Consumer Bureau Files Suit Against Capital One
WASHINGTON, D.C. – The Consumer Financial Protection Bureau is suing Capital One and its parent holding company, Capital One Financial Corp., for allegedly “cheating millions of consumers out of more...
