The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...

Annual data shows that 48% of Michigan retailers saw an increase in sales during 2024, while 47% saw a decrease and 5% noted no change. When asked about their overall sales outlook for the current ...

Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights Symposium hosted in Detroit.

Detroit — Austan Goolsbee, CEO of the Federal Reserve Bank of Chicago, said Thursday if economic conditions persist as they have, he expects continued federal fund rate decreases over the next ...