Katy Perry sells music catalog for $225 million
On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.
Experts worry UAW strike could tip U.S. economy into recession
Dealerships are worried interest rates and less vehicle supply could hurt consumers. But there are worries of bigger fiscal cliffs on the way.
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
UAW strike implications: Michigan hit hardest while car prices expected to rise
The cost of a car could go up whether there's a strike causing less supply, or a higher negotiated wage trickling down to the consumer. But just how much? One experts says between $800 - $1,200 per vehicle.
Are you still in the middle class in Michigan? New study adjusts minimum annual income for inflation
How much money do you have to make to be considered middle class in Michigan? A new calculator is factoring the inflation surge of the past few years to determine what that number is now.
Arkansas 7-year-old makes 2.95-carat diamond discovery on her birthday at state park
A 7-year-old Arkansas girl celebrating her birthday on a trip to the state's Crater of Diamonds State Park took home a big present after she found a nearly 3-carat diamond.
IRS plans to crack down on 1,600 millionaires to collect millions of dollars in past due taxes
IRS Commissioner Daniel Werfel said the agency has new means of targeting wealthy people who have “cut corners” on their taxes.
Information theft on the rise. People are especially vulnerable after natural disasters
Scammers may pretend to be from a utility company or the Federal Emergency Management Agency and ask an unsuspecting person to "verify information."
Congress returns to avoid government shutdown while Republicans weigh an impeachment inquiry
President Joe Biden and congressional leaders are focused on the passage of a months-long funding measure to keep government offices running while lawmakers iron out a budget.
Jimmy Buffett was the 'life of the party,' but he was also an astute businessman
Behind Jimmy Buffett's laid-back exterior was an admitted workaholic. In 2016, he had a net worth of $550 million.
Home affordability is the worst it has been in nearly 40 years, study shows
U.S. home prices recently faced their sharpest rise since November.
IRS announces changes impacting catch-up contributions
Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.
American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights
The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.
Survey: Gen Z, millennial couples say it's too expensive to get married
More Gen Z and millennials are saying “I do…not."
Options for new cars under $20,000 limited to a single choice
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one.
Looming UAW strike could cost US economy more than $5B in just 10 days
If the United Auto Workers decides to strike against the "Big Three" Detroit automakers when the current contract expires next month, it could cost the U.S. economy more than $5 billion.
Gas prices fire up as summer draws to a close: AAA
The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.
Canadian shoppers - suffering worse inflation over the border- flock to Metro Detroit
The US - Canadian dollar exchange rate is another big factor to consider - $1 equates to about $1.35 Canadian.
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
Shopper shocked by nearly $2,800 grocery bill: ‘Panic mode’
An Ohio woman was shocked when what was meant to be a routine order for a few hundred dollars of groceries from Kroger turned into a nearly $2,800 bill.