Oakland County Democratic commissioners approve pay raises, GOP members object
Pay raises are on the way for Oakland County commissioners after Democratic board members voted to give themselves a significant increase.
Trump announces $100B investment in the U.S.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Detroit Lions: Season ticket holders met with major price increase for 2025
Call it the cost of having a great team! The Detroit Lions are one of the best teams in the NFL, and next year, their season ticket prices will reflect it.
DPSCD gives $1M donation to enhance automotive education for Detroit students
Some Detroit students are getting a big boost to their career path. A $1 million gift is helping enhance an automotive education program at the Breithaupt Career and Technical Center in Detroit’s public schools.
Trump's tariff warning met with threat from Ontario that would make energy 'unaffordable' in Michigan & U.S.
In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.
Gas prices hit a 3-year low – where are they headed next?
Drivers are getting some much-needed relief at the pump after gas prices fell significantly nationwide.
The Trump effect? Auto sales are booming post-election
“For the month of November our sales almost doubled here in our store," said Tom Keech, Szott finance director.
'Pound Town' slogan catching the attention of customers at Ecorse bait shop
Here’s your one-way ticket to Pound Town, an explosion of interest Downriver, and beyond over a catchy slogan.
Trump, Canadian Prime Minister Trudeau to meet in Florida to discuss tariffs
Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.
President-elect Trump threatens new tariffs on Mexico, Canada and China on first day in office
President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
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.
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.
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.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Detroit accepting crypto for taxes may open the doors for other avenues
Detroit leaders are optimistic in the future of crypto in Detroit.
Trump's promise of higher tariffs means consumers will have fewer choices when buying cars, economists say
One economist told FOX 2 that tariffs do not work and that consumers will "pay the price" if the president-elect moves forward with his economic plan.
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.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Port strike panic buying? Costco toilet paper frenzy making the rounds on social media
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.