Building a savings cushion in a time of emergency

Experts generally suggest having three to six months of savings on hand, but that can be tough for many people who are living paycheck to paycheck.

Duggan's budget boosts pay for police, expands animal control and increases rainy day fund

Mayor Mike Duggan released his 4-year budget proposal for the city of Detroit on Friday. The plan shifts more money to the rainy day fund and away from demolitions. It also boosts pay for police officers.

Changes to FICO credit score calculations could make it harder to get a loan: report

FICO, the most widely-used credit score in the United States, is changing the way it calculates consumers' scores and that could make it more difficult for some Americans to get a loan.

25 states raising the minimum wage come Jan. 1, 2020

More than 20 states will be raising the minimum wage to as much as $15 an hour come Jan. 1, 2020.

Detroit hits major milestone since bankruptcy, donating $1B to local businesses

The Office of Development and Grants at the city of Detroit hit a major milestone recently, having donated more than $1 billion to local businesses throughout the city.

Some college graduates would give up coffee, shave head, spend week in jail to erase student loan debt, survey finds

A majority of college graduates with student loans said they would shave their head if the debt could be erased, according to a new survey, and some others said they would consider giving up coffee and even spending a week in jail.

IRS releases updated income tax brackets for 2020

The IRS on Wednesday released the updated tax brackets for the 2020 filing season, which have been modified to keep pace with inflation.

Massachusetts man wins $1M lottery for second time in 18 months

A Massachusetts man won his second $1 million lottery this week - just 18 months after drawing a lucky ticket for the first time.

Millennials will need to save at least 40 percent of their paychecks for retirement, financial expert says

Millennials who want to live off even half of their final salaries in retirement will need to save 40 percent of their paychecks over the next 30 years, according to an economics expert.

Paycheck changes explained under Trump tax reform
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We've heard it for a while now -- changes are coming to our paychecks thanks to President Trump's tax reform

Warren PD doing No Shave November to raise money for officer's father
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Many have embraced the annual challenge of No Shave November, which challenges men to forgo shaving for the month to raise cancer awareness.

Ways to cope with the expenses of your child's sport
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Kids playing sports can hit your wallet hard. Families can easily spend thousands of dollars - per kid - every year depending on what sport they play.

Top 4 finalists in Hatch Detroit contest announced
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The top 4 finalists have been announced for the 2017 Hatch Detroit contest. They're competing for money to help make their small business idea a reality.

Score Savings on Summer Fashion Trends
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It's time to sport summer fashions, and what better way than finding great bargains from past seasons? Up to 75% on all the summer style trends are available at The Boardwalk shopping center in West Bloomfield. Closet NV, Hersh's, Rear Ends, On the Fly, Ruby's Balm and Sundance Shoes will welcome customers to special summer sales June 19th-24th. The Boardwalk will also welcome donations for animals in shelters and will feature a day of letting guests adopt a forever pet.

Take Steps for Crohn's and Colitis June 10
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On Saturday, June 10, walkers will be lacing up their shoes to help raise money and awareness about Crohn's and Colitis.