Explain tariffs to me: What are they? How do they work?
A tariff is a tax imposed on imported goods and services. Here's what to know about them, why they're used, and what economists say.
Metro Detroit businesses brace for Trump tariffs on Canada, Mexico starting Tuesday
Some dealerships said they were seeing higher foot traffic with consumers anticipating higher prices.
Trump announces agricultural tariffs: What that could mean
The president claims his administration will introduce the tariffs on farm products starting in April.
Trump's tariffs on Mexico and Canada planned for Tuesday; China tariffs to double
President Donald Trump's 25% tariffs on Mexico and Canada are expected to go into effect on March 4, as critics warn it will drastically raise prices in the U.S.
Did no-tax-on-overtime pass? What to know after House adopts budget resolution
The framework that passed on Tuesday is only a budget resolution to set overall targets for the future and does not change tax law. Here's what's next.
Bird Flu impact: Plymouth diner to cancel Paczki Day due to egg prices
All over the United States, people are seeing how the bird flu outbreak is impacting egg prices at grocery stores and restaurants. Meanwhile, the shortage is forcing a local family-owned diner to cancel its traditional Paczki Day celebration.
With inflation high, some Americans have stopped tipping for these services
More than half of consumers say rising inflation is impacting their tipping habits, according to a new survey.
Elon Musk email to federal employees targeted in lawsuit
Here's the latest on the email fiasco that developed over the weekend involving Elon Musk and hundreds of thousands of federal employees.
Fired federal employees search for work but struggle to replace their old jobs
President Donald Trump and Elon Musk have presided over thousands of federal job cuts impacting most of the nation. Now, former government workers are looking for new jobs.
Starbucks laying off more than 1,000 corporate employees
The move comes as dozens of other private companies have announced layoffs so far in 2025, in addition to thousands of positions being affected within the federal government.
Border Patrol sees uptick in egg smuggling on southern border amid skyrocketing prices
The bird flu has caused the price of eggs to skyrocket.
Detroit food distributor closes, leading to 1500 jobs lost
A major food distributor in Detroit is shutting down after more than 50 years in business. The closure is already impacting local markets and grocery stores. But could this affect your budget?
Michigan lawmakers reach agreement on paid sick time ahead of Friday deadline
The Michigan senate reached a deal on new paid sick time before the Friday deadline.
Motor City Contractor Fund connecting Detroit-based builders to capital for projects
There is nearly $5 billion in commercial building contracts around Detroit, a sign of a growing industry in the city.
EV Tax Debate: Michigan GOP speaker considers higher EV fees for funding roads
Michigan House Speaker Matt Hall says he is willing to look at raising more money from EV owners to help fund Governor Gretchen Whitmer's plan to fix the roads.
Live updates: Trump hosts India's PM after increasing US tariffs
President Trump signed another executive order increasing U.S. tariffs before hosting India's prime minister at the White House.
CPI inflation report: Egg, gas and other prices that jumped in January
Americans are continuing to pay more for groceries, gas and the like. Here’s what prices jumped the most in the last month.
Bird Flu impacts: Metro Detroit business feeling pains from the cost of eggs
The pain on the stickers of eggs is increasing as Bird Flu continues to ravage farms across the U.S. Meanwhile, Metro Detroit businesses are feeling the hits as prices go up.
China responds to Trump's tariffs: See the list
China has announced retaliatory tariffs on select American imports and an antitrust investigation into Google.
Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations
President Donald Trump delayed planned tariffs on Mexico and Canada for 30 days after both countries agreed to strengthen border security.