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.
Commerce Township man illegally obtained $500k in PPP loans, feds say
Firas Hajjar failed to disclose he had pleaded guilty to tax evasion when he applied for the small business loan program.
Federal cuts to Covid-era funding causes concern for state health agencies
Thursday a federal judge temporarily blocked health funding cuts worth billions to the states. But the uncertainty of the Covid funding that critics argue was never meant to be permanent, continues.
Approval of $55M Michigan class-action lawsuit involving unemployment payments delayed a month
Michigan's unemployment agency wrongly clawed back funds from more than 23,000 residents. The average settlement for each person is about $1,400.
2021 Recovery Rebate Credit: What it is and who qualifies
Approximately 1 million taxpayers will receive unclaimed rebate payments from the IRS in the coming weeks.
NYC COVID czar caught on cam bragging about attending drug-fueled sex parties during pandemic
Varma — who served as senior health advisor to then-Mayor Bill de Blasio during the height of the pandemic, talked about hosting orgies with his wife and attending underground dance parties with more than 200 people.
Government offering more free COVID-19 tests for home delivery through the mail
The new release of free COVID-19 nasal swab tests comes ahead of the first winter since the pandemic started that insurers are no longer required to cover the cost of them.