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Economy

Latest updates on the U.S. economy.

MDOT: Blue Water Bridge toll into Canada to increase in December

MDOT: Blue Water Bridge toll into Canada to increase in December

State officials announced that drivers traveling across the border to Canada on the Blue Water Bridge will eventually need to pay a higher toll rate.

October 31, 2025 9:03pm EDT
SNAP benefits gone? How to get free or discounted groceries

SNAP benefits gone? How to get free or discounted groceries

As SNAP benefits will lapse for millions in November, several food delivery services are offering ways to get discounted groceries. Here are some options available.

October 31, 2025 4:32pm EDT
Federal Reserve issues 2nd rate cut of 2025

Federal Reserve issues 2nd rate cut of 2025

The Fed stayed course on its expected rate cut despite missing government data clouding the view of the economy amid the shutdown.

October 29, 2025 2:04pm EDT
Judge halts Trump administration from firing federal workers during shutdown

Judge halts Trump administration from firing federal workers during shutdown

A federal judge extended an order preventing multiple federal agencies from laying off government employees.

October 29, 2025 10:29am EDT
Workers at several federal agencies miss their 1st full paycheck amid government shutdown

Workers at several federal agencies miss their 1st full paycheck amid government shutdown

Payday passes with no checks for more than a million federal workers as the government shutdown continues. Here's what we know.

October 24, 2025 8:25pm EDT
Canadian government cuts tariff relief on US cars due to Stellantis, GM, ending some production

Canadian government cuts tariff relief on US cars due to Stellantis, GM, ending some production

The Canadian government is limiting how many vehicles Stellantis and GM can import tariff free after the automakers ended some production in Canada, a government official said Thursday.

October 23, 2025 10:39pm EDT
What to know about SNAP benefits as government shutdown continues

What to know about SNAP benefits as government shutdown continues

The USDA warned SNAP benefits for November could be delayed if the government shutdown continues.

October 22, 2025 12:23pm EDT
Government shutdown: SNAP benefits could run out in November, Rollins says

Government shutdown: SNAP benefits could run out in November, Rollins says

SNAP benefits may be at risk if the shutdown continues into November, meaning food assistance could disappear for about 40 million people.

October 18, 2025 11:00am EDT
Sweeping layoffs 'have begun' as government shutdown drags on

Sweeping layoffs 'have begun' as government shutdown drags on

Federal layoffs began Friday as the government shutdown dragged into a second week.

October 11, 2025 9:28am EDT
Grocery bills are most expensive in these major cities, analysis finds

Grocery bills are most expensive in these major cities, analysis finds

Grocery prices are a big financial stressor for many Americans, and here are the major cities that may be feeling the pinch the most.

October 8, 2025 1:11pm EDT
How the government shutdown will impact the economy

How the government shutdown will impact the economy

The partial shutdown of the federal government could have an economic impact, although it's unlikely to have a significant impact based on past shutdowns.

October 1, 2025 11:18am EDT
Job scams on the rise as layoffs surge in US: How to protect yourself

Job scams on the rise as layoffs surge in US: How to protect yourself

Looking for a job can be stressful, but scammers taking advantage of a difficult situation can make it even worse.

September 17, 2025 10:13am EDT
Social Security cost-of-living adjustment expected to rise in 2026

Social Security cost-of-living adjustment expected to rise in 2026

Inflation data from August suggests the social security cost-of-living increase could be even larger in 2026.

September 15, 2025 11:07am EDT
Philadelphia is no longer the 'poorest big city in the US,' but who took the top spot?

Philadelphia is no longer the 'poorest big city in the US,' but who took the top spot?

Poverty is down slightly across the U.S., but which city just leap frogged Philadelphia on the list of 'poorest big cities' in America?

September 12, 2025 7:20pm EDT
Inflation rose last month amid weakening job market: How will the Fed respond?

Inflation rose last month amid weakening job market: How will the Fed respond?

Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation.

September 11, 2025 10:07am EDT
Most Americans believe personal choices keep people in poverty, poll finds

Most Americans believe personal choices keep people in poverty, poll finds

A recent poll reveals that most Americans have differing views on the root cause of homelessness, but most think the government doesn’t spend enough to help those in need.

September 9, 2025 1:54pm EDT
Detroit City Council considering tax on event tickets to fund operations

Detroit City Council considering tax on event tickets to fund operations

Downtown Detroit has been chock-full of big events lately — from sports to concerts and festivals, but tickets to those events could get more expensive if city leaders added a tax to the bill.

September 5, 2025 11:42pm EDT
States where unemployment claims are increasing the most

States where unemployment claims are increasing the most

The unemployment rate ticked up to 4.3% last month, according to a new jobs report from the Labor Department.

September 5, 2025 4:40pm EDT
Unemployment up as employers added just 22,000 jobs last month

Unemployment up as employers added just 22,000 jobs last month

The unemployment rate ticked up to 4.3% last month, worse than expected and the highest level since 2021.

September 5, 2025 9:39am EDT
Trump administration eyes tariff revenue to pay down nation's $32.7 trillion debt

Trump administration eyes tariff revenue to pay down nation's $32.7 trillion debt

The US collected more than $29 billion in tariff revenues in July, the highest monthly total so far this year.

August 20, 2025 10:08am EDT
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Disgraced Rochester Hills doctor to spend up to 60 years behind bars for sex crimes

Disgraced Rochester Hills doctor to spend up to 60 years behind bars for sex crimes

Trump Administration threatens to withhold SNAP benefits from Democratic-controlled states

Trump Administration threatens to withhold SNAP benefits from Democratic-controlled states

'88 & Still Working': Viral GoFundMe helping Michigan vet retire

'88 & Still Working': Viral GoFundMe helping Michigan vet retire

'I didn’t have enough money': 88-year-old Michigan vet given help from GoFundMe to retire

'I didn’t have enough money': 88-year-old Michigan vet given help from GoFundMe to retire

Detroit teen gives birth at home, claims to mother that the baby was found on the porch

Detroit teen gives birth at home, claims to mother that the baby was found on the porch

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Paralyzed Metro Detroit man regains ability to walk

Paralyzed Metro Detroit man regains ability to walk

Michigan Big Boy locations brings back retro prices on menu classics for holidays

Michigan Big Boy locations brings back retro prices on menu classics for holidays

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Pantone’s color of the year for 2026 leans into calm and clarity

Pantone’s color of the year for 2026 leans into calm and clarity

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