'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Noncompete agreements would be banned under FTC rule; legal challenges likely
The Federal Trade Commission has made a significant move by voting to prohibit the enforcement of noncompete agreements among employees, aiming to eliminate barriers to job mobility and wage growth.
The Federal Trade Commission has made a significant move by voting to prohibit the enforcement of noncompete agreements among employees, aiming to eliminate barriers to job mobility and wage growth.
Stellantis announces more layoffs at Sterling Heights assembly plant
It's the latest in a string of terminations delivered by the company this year. In March, hundreds of white collar workers were laid off during a virtual call.
It's the latest in a string of terminations delivered by the company this year. In March, hundreds of white collar workers were laid off during a virtual call.
Express files for bankruptcy, announces store closures
Express filed for bankruptcy Monday and announced dozens of the fashion retailer’s stores would be closing.
Express filed for bankruptcy Monday and announced dozens of the fashion retailer’s stores would be closing.
These iconic restaurants are all owned by the same companies
While we all recognize popular chain restaurants by their name alone, many of them are actually grouped together and owned by just a small number of restaurant groups in the U.S. Here’s a look.
While we all recognize popular chain restaurants by their name alone, many of them are actually grouped together and owned by just a small number of restaurant groups in the U.S. Here’s a look.
Michigan Lawmakers working to support startups, innovation in state
Michigan House members came together on Friday to introduce bipartisan bills to create the Michigan Innovation Fund.
Michigan House members came together on Friday to introduce bipartisan bills to create the Michigan Innovation Fund.
Gas prices crept up this week, but not by much as oil prices fell
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
How often does the IRS audit?
While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.
While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.
Here are the major U.S. restaurant chains that have disappeared
These restaurants of your childhood were iconic, until they weren't. Several well-known chains – some decades old – have faced tough times that resulted in bankruptcy.
These restaurants of your childhood were iconic, until they weren't. Several well-known chains – some decades old – have faced tough times that resulted in bankruptcy.
Small businesses compete for $100K prize in TechTown Detroit's Hatch competition
Although their business didn’t win last year’s $100,000 cash prize. The competition transformed Jay and Sarah’s lives - and they still managed to get their brick and motor location.
Although their business didn’t win last year’s $100,000 cash prize. The competition transformed Jay and Sarah’s lives - and they still managed to get their brick and motor location.
Red Lobster reportedly considering filing for bankruptcy
Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.
Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.
Your Social Security COLA increase could be bigger than expected next year
Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.
Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.
‘Kitchen appreciation’ fee? Restaurant diners still facing hidden surcharges
Hidden fees at restaurants have become increasingly common for diners in recent years, while restaurants grapple with higher food prices, increased labor costs and more.
Hidden fees at restaurants have become increasingly common for diners in recent years, while restaurants grapple with higher food prices, increased labor costs and more.
Michigan retirement plan would help 1.5 million workers access savings program, lawmaker says
About 1.5 million Michigan workers aren't offered a retirement plan through their job. A proposed law would create an avenue to do that - without any cost from to the business.
About 1.5 million Michigan workers aren't offered a retirement plan through their job. A proposed law would create an avenue to do that - without any cost from to the business.
Tax Day 2024: States with highest and lowest taxes revealed
The tax deadline is on April 15, but what you owe can vary significantly based on the state that you live in.
The tax deadline is on April 15, but what you owe can vary significantly based on the state that you live in.
Berkley's Bombshell Treat Bar opens this week
The wait is almost over - Berkley's newest ice cream spot, Bombshell Treat Bar, opens this week.
The wait is almost over - Berkley's newest ice cream spot, Bombshell Treat Bar, opens this week.
Credit card delinquency rates hit worst level since 2012 in new Fed data
All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data.
All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data.
Tax Day 2024: Delayed filing allowed for Michigan counties impacted by flooding, severe storms
Residents of nine Michigan counties impacted by severe weather last summer have a few extra months to file their taxes. Monday is Tax Day, but residents in Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland, and Wayne counties don't have to file their individual or business tax returns until June 17.
Residents of nine Michigan counties impacted by severe weather last summer have a few extra months to file their taxes. Monday is Tax Day, but residents in Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland, and Wayne counties don't have to file their individual or business tax returns until June 17.
Tax Day 2024: Can’t file by April 15? Here’s how to get an extension
Please note: Filing for an extension by April 15 is necessary to avoid potential penalties.
Please note: Filing for an extension by April 15 is necessary to avoid potential penalties.
'Subscription creep': How much it's costing you and how to stop it
Managing the array of consumer options can be daunting as expenses grow, especially when subscriptions are forgotten; here are strategies to track surplus subscriptions.
Managing the array of consumer options can be daunting as expenses grow, especially when subscriptions are forgotten; here are strategies to track surplus subscriptions.