Fewer Canadians Visiting U.S. in Wake of Trade War, ’51st State’ Talk
The number of Canadians paying a visit to the United States dropped by nearly a third last year amid the U.S. trade war and...
Shoppers Increased Spending Over Holiday Season
American shoppers shrugged off any pressure that might exist in the economy, increasing their spending during the holiday season.
Shoppers upped spending in November from...
Delayed Report: Producer Price Index Rose Slightly
It took awhile, but the Labor Department issued producer price index numbers Wednesday after the report was delayed by the federal government shutdown.
When they...
Fewer Workers Seek Benefits; Unemployment Rate Falls Slightly
The numbers of American workers seeking unemployment benefits dropped last week despite some concern about a potentially weakening job market.
According to statistics released by...
Saks Global Files for Bankruptcy Protection
Faced with more competition and debt incurred with its purchase of rivak Neiman Marcus a year ago, officials at Saks Fifth Avenue are seeking...
Trump Touts Economy, Tariff Success
President Donald Trump said Tuesday that Michigan residents are already realizing success from his economic policies.
IRS Layoffs, ‘Big Beautiful Bill’ Provisions Could Hamper Tax Season
Far fewer IRS employees. New provisions in the tax code required by last year’s Big, Beautiful Bill Act. More than 160 million taxpayers filing...
GM Leads U.S. Industry, 2025 Sales Up 6%
General Motors led the U.S. auto industry in sales in 2025, reporting a 6% increase for the full year, with growth across multiple areas...
Truck, Hybrid Demand Lead Ford’s Highest Sales Year of the Decade
Ford's market share increased by 0.6 percentage points for the year and 0.9 percentage points for the quarter, reaching 13.2% annual share, driven by...
Unemployment Claims Rise Slightly
The labor market may be weakening, but it’s not showing up in the numbers of unemployment applications.
U.S. filings for jobless benefits rose in the...
Shareholders OK $10.9 Billion Deal Between Fifth Third, Comerica
Shareholders overwhelming approved the proposed $10.9 billion deal that brings Fifth Third and Comerica together.
U.S. Gained 64,000 Jobs in November, Lost 105,000 in October
While the U.S. economy had a decent month gaining jobs in November, cutbacks in the federal workforce made by the Trump administration led to...
UWM Acquires Two Harbors in $1.3 Billion All-Stock Deal
PONTIAC, Mich. & NEW YORK (Business Wire) — UWM Holdings Corporation, the publicly traded indirect parent of United Wholesale Mortgage, the #1 overall mortgage...
Unemployment Went Up, Inflation Likely Held Steady
The delayed October and November jobs reports showed net job losses as the federal government shed workers. The unemployment rate rose to 4.6%, while...
Report: Spirit Talking to Frontier Group About Merger
Bankrupt Spirit Aviation Holdings Inc. is talking to Frontier Group Holdings about a merger, people familiar with the matter told Bloomberg.
A transaction could be announced as...
Deportation Efforts Making Things Tough on Hiring
The U.S. immigration crackdown is making it harder for businesses to find qualified applicants, willing workers for some roles.
Fed Makes Expected Interest Rate Cut
As expected, the Federal Reserve cut its key interest rate this week, slicing it by a quarter-point.
But while the Fed cut the rate for...
First-Time Unemployment Claims Rise By 44,000
The number of workers asking for unemployment jumped last week.
Though the number of Americans applying for unemployment benefits remains in the same range where...
Job Market Appeared Weaker in November
Comerica Economics forecasted the Federal Open Market Committee would cut the federal funds target a quarter of a percentage point to a range of...
China Carmakers Suffer End-of-Year Slump
Car sales in China are usually booming this time of year, but not so much in 2025.
China’s car sales fell for the second straight...
LATEST ARTICLES
Fewer Canadians Visiting U.S. in Wake of Trade War, ’51st State’ Talk
The number of Canadians paying a visit to the United States dropped by nearly a third last year amid the U.S. trade war and...
Shoppers Increased Spending Over Holiday Season
American shoppers shrugged off any pressure that might exist in the economy, increasing their spending during the holiday season.
Shoppers upped spending in November from...
Delayed Report: Producer Price Index Rose Slightly
It took awhile, but the Labor Department issued producer price index numbers Wednesday after the report was delayed by the federal government shutdown.
When they...
Fewer Workers Seek Benefits; Unemployment Rate Falls Slightly
The numbers of American workers seeking unemployment benefits dropped last week despite some concern about a potentially weakening job market.
According to statistics released by...
Saks Global Files for Bankruptcy Protection
Faced with more competition and debt incurred with its purchase of rivak Neiman Marcus a year ago, officials at Saks Fifth Avenue are seeking...