Treasury Department halts enforcement of BOI requirements: What to know

The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirements. Here's what to know.

As Party City stores close for good, these brands may take their place

Two major retailers have emerged with deals to take over Party City locations as the discount party supply chain prepares to close its doors after 40 years in business.

McDonald's CEO gives 3 predictions for the restaurant business in 2025

McDonald’s CEO Chris Kempczinski this week offered up three predictions for trends that the quick-service restaurant industry could see this year.

Expect more restaurant bankruptcies in 2025, expert says

A growing number of restaurant chains have fallen on hard times. A bankruptcy attorney expects this trend to continue, saying companies are saddled with debt.

How to be a millionaire: Detroit investor & author's 5-year story

He turned a few hundred into $100,000 in six months - and then he lost it. He has rebuilt and exceeded that mark, with recognition of past mistakes he shares with readers.

Minimum wage earners must work impossible number of hours to afford rent: report

Despite many minimum-wage workers living in apartments with below-average rents, they’re still spending more than 30% of their income on housing.

Bird Flu impact: Plymouth diner to cancel Paczki Day due to egg prices

All over the United States, people are seeing how the bird flu outbreak is impacting egg prices at grocery stores and restaurants. Meanwhile, the shortage is forcing a local family-owned diner to cancel its traditional Paczki Day celebration.

Denny's temporarily adds egg surcharge as bird flu drives up prices

Denny’s joins several restaurants that are charging extra for eggs on the menu as the nation manages an egg shortage and bird flu crises.

Elon Musk email to federal employees targeted in lawsuit

Here's the latest on the email fiasco that developed over the weekend involving Elon Musk and hundreds of thousands of federal employees.

Starbucks laying off more than 1,000 corporate employees

The move comes as dozens of other private companies have announced layoffs so far in 2025, in addition to thousands of positions being affected within the federal government.

Seva Detroit closing after more than a decade

Seva Detroit is closing Friday, citing financial struggles since the Covid pandemic.

Detroit food distributor closes, leading to 1500 jobs lost

A major food distributor in Detroit is shutting down after more than 50 years in business. The closure is already impacting local markets and grocery stores. But could this affect your budget?

Restaurants nervous as Michigan lawmakers debate paid sick time ahead of Friday deadline

While deals have been struck on the minimum wage and tipped wage rate, there is no final agreement for earned sick time. Unless one is achieved, the original wage law will kick in.