THE INTERVIEW| Eleven Billion and Barely a Bruise after shutdown?

The Treasury says the historic 43-day shutdown left an $11 billion dent, but in a $30 trillion economy, that’s a rounding error with political consequences. We break down the tiny economic hit, the big partisan fight, and why the yield curve may be the real story in the interview. Dr. Michael Greiner from Oakland University gives his take.

THE INTERVIEW| Fed to Take Cautious Approach as Gov. Shutdown Threatens Economic Clarity

Hilary Golston spoke with Oakland University economics expert Dr. Michael Greiner, who says the Federal Reserve is likely to proceed carefully amid the government shutdown. Greiner explained that while the Fed remains operational, missing data from key agencies like the Bureau of Economic Analysis and Bureau of Labor Statistics could cloud the economic picture. He says policymakers are watching inflation and growth closely but are unlikely to make bold moves until the numbers are clear.

THE INTERVIEW| Alternative to the Fed? Tariffs, Jobs, and a Supreme Court Showdown

Hilary Golston spoke with Dr. Michael Greiner, an economy expert and attorney from Oakland University, about the mounting pressures on the U.S. economy. With August jobs data showing just 22,000 new positions and unemployment climbing to 4.3 percent, Golston pressed Greiner on what the slowdown means for workers and markets. The two also examined the high-stakes tariff fight now heading to the Supreme Court, where billions in potential refunds hang in the balance. Finally, they explored the Federal Reserve?s role in shaping America?s fiscal landscape and whether alternatives to the Fed could ever truly emerge.

Detroit small businesses being impacted by tariffs

A group of small business owners are speaking out over growing concerns about what is being called a crisis that is hurting the bottom line of many. Business owners gathered on Wednesday to express concerns over tariffs put on by the Trump Administration.

Detroit fire crew helps deliver woman's twins at home

Two Detroit Fire Department EMTs, Bacarri Stanley and Michael Bache, are returning to the home where they responded to a 911 call about a woman in labor. At first, the two EMTs believed Jessica Johnson?s delivery was over, so they rushed to assist the baby. But then, out of nowhere, the mom yelled again.

Summer Olympics for young trauma survivors

It's their first-ever Summer Olympics, says Tenetia Pulliam, designed to use physical activity and healthy eating as a means to heal from trauma. They even had a beverage-making contest.

THE INTERVIEW | Borrow Inflate Repeat: Big Beautiful Bill, Modern Monetary Theory and not Paying Back Debt?

In an interview with FOX 2, Oakland University economist Dr. Michael Greiner warns the U.S. may be on the brink of a debt crisis, fueled by persistent deficits, economic drag from tariffs, and the seductive illusion that the federal government can borrow without limits. ?We?re essentially constantly borrowing,? Greiner says, noting that while investors still trust U.S. credit, inflation is the inevitable cost.

Movement Music Festival 2025

Thousands of people moving to the beat of the movement. You get it? It's the music festival at Hart Plaza in downtown Detroit that draws thousands. Now it's the world's longest-running music festival.

Ann Arbor building first net-zero fire station in Michigan

It was a station built nearly 60 years ago in 1966 and has since outlived its use for firefighters in Ann Arbor. Now, a groundbreaking ceremony is taking place Tuesday for Fire Station 4, which will sit on the same land. Officials say this project will cost $10 million.