Nearly 3 in 4 Americans fear Social Security won't be available when they retire, poll finds
A new survey reveals widespread concerns among Americans about the future of Social Security benefits as the program faces potential funding shortfalls.
Great Lakes Water Authority preps for future with apprenticeship porgram
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.
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other pensions.
Detroit entrepreneur debuts limited Habibi Edition watch with Shinola, honoring cultural roots
The 'Big Habibi,' Metro Detroit's Dan Elhosni, introduces a culturally-inspired, limited run timepiece through a partnership with famed Detroit watchmaker Shinola.
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.
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.
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).
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.
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.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
Social Security November payment schedule: Here’s when beneficiaries will get their checks
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.
Man wins $1M from lottery ticket he bought with money found in parking lot
The winner found $20 in a parking lot outside of a Speedway in North Carolina.
Infant care costs roughly 10% of a family's annual income in nearly all states, study finds
A new study reveals that child care expenses are absorbing a significant portion of family household incomes nationwide.