THE INTERVIEW: Can the U.S. grow its way out of debt? Economist skeptical of Trump's big bill
The national debt stands at more than $36 trillion, and interest payments alone topping $1 trillion last year, the question of whether America can grow its way out of debt has taken center stage.
Supreme Court gives DOGE access to millions of Americans’ private Social Security data
The Supreme Court ruled in favor of the Trump administration, allowing its Department of Government Efficiency to access Social Security data once restricted by federal privacy law.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
Buy now, pay later under scrutiny as Klarna reports rising defaults
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Social Security Fairness Act: Where the expanded benefits stand
Earlier this year, Biden signed a bill that boosted Social Security payments for nearly 3 million people. Here’s an update on the expanded benefits.
Home sellers outnumber buyers by record amount: What that means for prices
The U.S. housing market has nearly 500,000 more sellers than buyers, a recent analysis by Redfin found. Here’s what that means for prices.
Here are the states where people have the highest income in 2025, study
A new study finds that residents in these states are earning more money than others. See where your area ranks.
IRS tax refund: Here's when you can expect your payment
If you have already filed your tax return, here’s what you need to know about the payment status and filing deadlines.
Solo travelers pay more than groups for economy flights: report
Solo and business-class travelers are paying more for airline tickets on major U.S. carriers than group travelers, according to a recent report.
Social Security June payment schedule: Here’s when recipients will get their checks
A new month means another round of Social Security payments for millions of Americans who benefit from the program. Here’s when checks go out.
Beyond the track: How a Michigan simulator is redefining car design
Multimatic has invested $5 million in a cutting-edge racing simulator that will drastically cut development time and costs for both automotive manufacturers and race teams while also improving everyday vehicles.
Detroit Grand Prix: Downtown businesses cashing in during busy event week
It has been a busy week for the Motor City after thousands of people were downtown for the Movement Festival, and now thousands are expected for the Detroit Grand Prix.
Child care cost the most in these states in 2024, analysis found
The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.
Trump delaying 50% tariff on European Union
The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”
Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Here's when production of pennies will end
The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive aimed at cutting costs.
SALT deduction: What it could mean for your taxes
One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, or SALT, for tax filers. Here's what that means.
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
Shelby Township couple scammed out of $50K by 'Geek Squad' impersonator claiming child porn on computer
An elderly Shelby Township couple lost $50,000 in a "Geek Squad" scam after they were told they had child porn on their computer. Then the suspect asked for more a lot more money.