Walmart warns of higher prices if Trump implements proposed tariffs

Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.

Great Lakes Water Authority preps for future with apprenticeship porgram
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The GLWA supplies water to 4 million customers and another 3 million use its waste water services. They employ thousands of employees and needed to make a change in 2017. They looked into the future and saw a lot of workers, and their knowledge, were about to leave the company. So they partnered with Focus Hope, Michigan Works, and the City of Detroit to look for apprentices to soak up the knowledge before it's too late.

Target quarterly results fall as holiday discounts and dockworker strike hit profits

Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

DOGE reportedly considers mobile tax-filing app to simplify US tax process

The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, may develop a mobile app for filing taxes, aiming to simplify the tax process for Americans.

Trump's Treasury secretary pick: Who are the contenders?

President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.

Habibi Edition: Detroit entrepreneur debuts limited edition watch with Shinola

Embodying the fusion of traditional and modern, Detroit's own Dan Elhosni collaborates with renowned watch brand Shinola, presenting a limited edition watch as a tribute to his Lebanese origins.

Spirit prepares for bankruptcy filing after failed Frontier talks: report

Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.

Medicare premiums increasing in 2025

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

Federal Reserve cuts its key interest rate by a quarter-point on heels of election

The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.

Detroit to begin accepting cryptocurrency as payment for taxes

Once available, Detroit will be the largest city in America to accept bitcoin and other cryptocurrency as payment.

Inflation may be coming down but that doesn't mean prices will, expert explains

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.