Economy

The U.S. Labor Department's chief economist called for unemployment benefits to be more accessible for people of color and make "historic investments" to the nation's infrastructure.

Target will open a Detroit store as the anchor in a Midtown apartment complex.

A coalition of business leaders and other organizations have unveiled a plan to spend some $2.5 billion of federal stimulus money on infrastructure.

President Biden last month ordered businesses with 100 or more employees to require COVID-19 vaccines or testing. That policy took one step closer to reality when OSHA sent initial text to the White House.

A University of MIchigan economic study shows Wayne County will likely have recovered its pre-pandemic jobs by the end of 2023.

DTE Energy is championing the redevelopment of an historic Detroit-area neighborhood.

Tesa tape, Inc.. is expanding its Sparta location, investing some $36 million and bringing in at least 25 new jobs.

It’s been sort of a good news, bad news week in the American workforce. The good news first: Weekly claims for first-time unemployment benefits dropped for the first time in...

U.S. economic data remained consistent with our expectation of cooler real GDP growth for Q3. Q2 real GDP growth was revised up slightly to a 6.7 percent annualized rate....

CHICAGO (PR Newswire) — United announced that it will fly its biggest domestic schedule since the start of the pandemic to meet an expected surge in holiday travel, with...

Economists are saying that a "better than expected" ADP employment report for September sets a "positive tone" going into the fourth quarter.

President Biden came to Howell Tuesday to promote his economic agenda. It was his fourth visit to the state since January.

Hello West Michigan was a two-time winner at the International Economic Development Council's annual conference.

Grand Rapids – Rivertown Market, located in downtown Detroit’s East Jefferson Corridor, opened today as the fourth market opened by Meijer and its first in the heart of the...

U.S. economic news for the week was dominated by the Federal Reserve’s policy meeting. Strains at Chinese real estate group Evergrande dominated international headlines. Federal Reserve policy was unchanged on...

In the early days of the Paycheck Protection Program, the lending favored larger and rural businesses, according to a Government Accountability office analysis of Small Business Administration data. Specifically,...

DETROIT – General Motors today announced it will invest $50 million into Detroit-based nonprofit programs that expand access to education and employment opportunities and strengthen city neighborhoods. The initiative, launched...

WASHINGTON (GLOBE NEWSWIRE) — U.S. Small Business Administration Administrator Isabella Casillas Guzman announced 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the Small Business...

Economists say that, while the U.S. economy is normalizing after the shock of COVID, there are still at least three forces that remain to be fully absorbed.

Especially in the pandemic era, businesses are finding that veterans are among the most motivated and work-ready people in the labor pool.