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.

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.

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.

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.

Debt ceiling deal: Here's what's in, what's out of the bill to avert US default

Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.