Economy

(Editor's Note: This story was updated with information about additional targets announced by the UAW.) When the UAW went on strike last week, it involved some 12,700 workers and targeted...

The Fed held its policy stance unchanged as expected at their September 20 decision, and signaled through the policy statement and the Dot Plot that most members of the...

The number of Americans seeking first-time unemployment benefits sank last week to levels not seen since the end of January. U.S. applications for unemployment benefits fell to 201,000 for the...

This holiday season, running November 1 through December 24, U.S. retail sales excluding automotive are expected to increase 3.7% year-over-year (YOY), according to Mastercard SpendingPulse™. The anticipated growth in retail...

The Right Place has a plan to turn Grand Rapids into a major technology hub in the next decade.

An increase in gas prices didn’t keep Americans from spending a little more in the retail stores in August than they had the previous month. According to statistics released by...

Two weeks ago, the number of first-time applicants filing for unemployment assistance dropped to their lowest level in seven months. Last week, they ticked back up. The number of Americans applying...

For the first time in its 80-year history, the UAW went on strike against all of the Big 3 automakers, striking plants in Michigan, Ohio and Missouri.

UAW workers are set to start "strategically" striking Detroit's three automakers if contract talks fail before the Thursday night deadline.

Detroit Athletic Club CEO Charles Johnson took over just before what would be his biggest challenge: The pandemic.

CALGARY, Alberta — Enbridge Inc. announced that it has entered into three separate definitive agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase...

The good news is, the number of American workers filing first-time claims for unemployment assistance fell to its lowest level since February. The down side: It continues to remain above...

The labor market is slowing considerably. 187,000 jobs were added in August, well below the 271,000 average gain in the past 12 months. Employment in the prior two months...

If you’re starting a new job with Walmart, you can expect to be paid less than you would have a few months ago. Walmart, the country’s biggest private employer, is...

The August jobs report could set the stage for the Fed to still raise interest rates, but it also widens the path for the Fed to pivot to rate cuts in the first half of next year.

Michigan Gov. Gretchen Whitmer is headed to Japan on a week-long mission designed to secure investments in a variety of industries.

The fact that U.S. employers added 187,000 jobs in August could indicate the country’s job market is not succumbing to the efforts of the Federal Reserve to slow it...

There were fewer jobs available in July and fewer Americans leaving the jobs they do have, according to government statistics. The Labor Department reported that business posted 8.8 million jobs...

U.S. workers filing first-time unemployment claims fell last week to their lowest levels in the last month. Statistics released Thursday by the U.S. Department of Labor showed claims fell to...

In his Aug. 25 Jackson Hole Economic Symposium speech, Federal Reserve Chair Jerome Powell was overall hawkish, implying further rate hikes are likely before year-end. He said the Fed...