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.
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.
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.
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.
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.
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.
Michigan Home Heating Tax Credit: Apply now to receive assistance covering energy bills this winter
The deadline to apply for the Michigan Home Heating Tax Credit is Sept. 30.
Trump's tax law will benefit the rich at the cost of the poor, CBO analysis finds
The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.
Inflation report: July unchanged; Trump tells Powell lower the rate now
Inflation held steady the last month, though tariffs still threaten growing costs and impacts.
Detroit mayoral race raises questions on the future of the Land Bank Authority
The race for Detroit’s next mayor is just starting to heat up and among the many hot-button issues is what both candidates would do with the controversial Detroit Land Bank Authority if elected.
Michigan's Chief Growth Officer on tour, working to grow the state's population
Growing a state's population is key to many things and that includes a successful economy.
Sluggish summer in Sin City: Las Vegas sees big drop in tourists
The Las Vegas Convention and Visitors Authority saw a double-digit decline in visitors in June compared to the same time last year.
Trump calls for Federal Reserve to pull control from Jerome Powell
President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal Reserve's board of governors should take control.
Fed leaves interest rates unchanged despite Trump demands
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.
Federal Reserve likely to keep interest rates the same this week: What to know
Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on his claim that the nation’s economy is thriving.
Tariff rebate check: What Trump said and what we know
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
Trump tariff impacts: Small Detroit businesses speak on growing concerns
The impact of tariffs is causing frustration for Metro Detroit businesses both large and small.
Detroit truck traffic ordinance could be finalized by fall, councilmember says
As smoke from wildfires continues to choke the air with particulate matter while ozone action days populate the summers, fumes from large commercial trucks magnify the problem while traveling through the city's local streets.
UPS delivery drivers offered buyouts amid 'unique circumstances'
UPS is offering a voluntary separation package to full-time U.S. drivers amid a major network reconfiguration.
Trump 'not planning' to fire Fed Chair Jerome Powell, despite reports
President Trump denied reports that he plans to fire Fed Chair Jerome Powell, but he continued to sharply criticize the head of the central bank.