Experts worry UAW strike could tip U.S. economy into recession
Dealerships are worried interest rates and less vehicle supply could hurt consumers. But there are worries of bigger fiscal cliffs on the way.
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Home affordability is the worst it has been in nearly 40 years, study shows
U.S. home prices recently faced their sharpest rise since November.
Survey: Gen Z, millennial couples say it's too expensive to get married
More Gen Z and millennials are saying “I do…not."
Canadian shoppers - suffering worse inflation over the border- flock to Metro Detroit
The US - Canadian dollar exchange rate is another big factor to consider - $1 equates to about $1.35 Canadian.
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
Layoffs begin in the film industry as Hollywood strikes continue
Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.
The US government's debt has been downgraded. Here's what you need to know
The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay.
CVS to lay off 5,000 employees as it seeks to cut costs
The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company
The Interview: More interest rate hikes could be coming, local economist breaks it down
Oakland University economist Dr. Michael Greiner talks with FOX 2's Hilary Golston about what central banks across the globe can and can’t do to wrangle inflation, as Fed Chair Jerome Powell promises not to pivot anytime soon.
Free school breakfast & lunch, field trip funding, and more - What students get under new Michigan budget
A new Michigan budget approved by the state senate includes $19.4 billion for schools, money that will be used for free school breakfasts and lunches, expanding educational programs, and more.
After 15 months of rate hikes and brutal inflation, Federal Reserve likely to skip raising interest rates
Positive data about inflation following a series of rate hikes may mean the Fed is closing in on its final increase this year.
Egg prices are finally dropping after record highs
With the cost of eggs falling, here's what you can expect the next time you visit the grocery store.
Know any airplane mechanics? Wave of retirements leave some US industries desperate
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.
Debt ceiling deal includes new work requirements for SNAP: How they work
The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.
Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
6 tips to save $100 a week and put it toward savings
How to overcome inflation and regain control of your finances
Tight labor market has increased demand for teens in summer jobs
The proportion of Americans between the ages of 16 and 19 who have jobs has trended up in recent years.