Cranes Dismantled as Gordie Howe Bridge Nears Completion
Cranes on both sides of the Gordie Howe Bridge are being removed as construction nears an expected September completion.
Trump Hits Japan, South Korea With 25% Tariffs
President Donald Trump upped his tariff war again Monday, slapping a 25% tax on goods from Japan and South Korea and announcing new tariffs on five other countries.
The taxes...
Ferrero to Acquire WK Kellogg in $3.1 Billion Deal
LUXEMBOURG and BATTLE CREEK, Mich. (PRNewswire) – The Ferrero Group and WK Kellogg Co. announced they have entered into a definitive agreement under which Ferrero has agreed to acquire WK Kellogg...
Reconciliation Bill to Cut Taxes and Increase Deficit in 2026
The “One Big Beautiful Bill Act” will help U.S. growth regain traction in 2026 as new tax cuts come into effect. The bill extends or makes permanent some “temporary”...
UPS Set to Offer Drivers a Voluntary Buyout
United Parcel Service made company history – of sorts – in its efforts to boost profits.
For the first time, the delivery service is offering voluntary buyouts to union-represented delivery...
Unemployment Requests Drop by 5,000 Claims
The number of Americans seeking first-time unemployment assistance fell last week, a decline apparently unexpected by economists.
Initial claims for unemployment benefits dropped to a seasonally adjusted 227,000 for the...
Trump Signs Law Impacting Business, Students, Others
President Trump signed his big, beautiful bill into law. Now the focus shifts to who is impacted.
Hospitality, Tourism Being Affected by Ongoing Tariff Drama
Tourists are curtailing their visits to destinations along the northern border as tariff drama continues to unfold.
U.S. Economy Added 147,000 Jobs in June
The U.S. economy may be slowing – the government said first-quarter growth slowed 0.5 percent – but for the moment, at least, it doesn’t seem to be affecting the...
Fed Sticking With ‘Wait-and-See’ Attitude on Interest Rates
For weeks, President Donald Trump has pushed the Federal Reserve to lower its interest rates to produce lower borrowing costs.
And for weeks, Federal Reserve Chair Jerome Powell has resisted...
GM Posts Strong Q2, First-Half Sales
General Motors announced that its U.S. sales increased 7% in the second quarter and 12% in the 2025 first half. GM led the U.S. automotive industry in total and...
Microsoft Layoffs Hit Gaming, Sales Divisions
Layoffs are continuing at Microsoft.
The tech giant is laying off thousands more workers, the second mass-layoff in the last few months and its largest in more than two years.
Multiple...
Senate OKs ‘Big, Beautiful Bill,’ Sends It Back to House
They needed a tie-breaking vote from Vice President J.D. Vance to do it, but U.S. Senators approved the "Big, Beautiful Bill" 51-50 Tuesday, sending it back to the House.
Americans Soured on U.S. Economy in June
The rise in how Americans view the U.S. economy didn’t last long.
According to the Conference Board, the way Americans see the economy dropped in June, one month after a...
Fed Chair Stands His Ground on Rate Cuts
For weeks, Federal Reseve Chair Jerome Powell has been under intense pressure from President Donald Trump and some Republican lawmakers to lower interest rates.
But despite name-calling and even a...
Commerce Department Downgrades First-Quarter Performance
First impessions can be deceiving.
The U.S. Commerce Department said this week that earlier estimates about the U.S. economy were wrong, indicating the economy actually shrank at a 0.5% annual...
Fewer Americans Seek First-Time Unemployment Benefits
The number of Americans applying for unemployment benefits fell by 10,000 last week and remain at historically low levels.
Jobless claims for the week ending June 21 dropped to 236,000,...
House Prices and Consumer Confidence Fall
House prices fell more than expected this spring. The FHFA Purchase-Only House Price Index fell 0.4% on the month in April, worse than the consensus forecast for no change....
Kroger Closing 60 Stores Around the U.S.
In what the company says is an effort to boost profits and increase efficiency, Kroger plans to close some 60 U.S. grocery stores over the next 18 months.
The Cincinnati-based...
Fed Still in Wait-And-See Mode on Rate Cuts
As universally expected, the Federal Open Market Committee held the federal funds target unchanged at the June 18 decision at a range of 4.25% to 4.50%. This marks six...
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Cranes Dismantled as Gordie Howe Bridge Nears Completion
Cranes on both sides of the Gordie Howe Bridge are being removed as construction nears an expected September completion.
